Tuesday, September 10, 2024

Wall Street Performance on August 8, 2024

Date:

Major US Stock Indices They ended the session with a strong rise..

The Dow Jones gained 1.76% to 39,446 points, while the S&P 500 gained 2.3% to 5,319 points. The Nasdaq was better performing (+2.87% at 16,660 points).

Definitely a positive session for Eli Lilly. (+9.38% to $844.57), after reporting second-quarter 2024 financial results, closing the period with revenue and earnings per share well above analyst consensus.

On the contrary, the Warner Bros. Discovery Quarterly was not impressive. (-8.95% to $7.02): The company ended Q2 2024 with a higher-than-estimated loss per share.

Financial sector stocks are on the rise.Goldman Sachs and JPMorgan Chase rose 2.69% and 1.84%, respectively. American Express (+2.05%) also performed positively.

Very very good Intel Corporation (+7.9%) h Nvidia (+6.13%).

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