SwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

Upwards on the US stock exchange – the crash erased

Wall Street has now in principle recovered after the crash earlier in August. When Thursday's trading closed, the US stock exchange had taken a definite step upwards.

» Updated: 15 August 2024, 22:22

» Published: 15 August 2024

Upwards on the US stock exchange – the crash erased
Photo: Peter Morgan/AP/TT

The color of the day was green in the USA. Just before the opening, new job figures were presented, showing that the number of unemployed in the country decreased last week, which was followed by clear increases in stock market trading.

The industrial index Dow Jones rose by 1.4 percent, while Nasdaq's composite index rose by 2.3 percent. The broad S&P 500 increased by 1.6 percent.

Thus, the stock market has almost bounced back to the level it was at before the crash.

Among today's winners were retail giant Walmart, which rose by 6.6 percent after a strong quarterly report. Electric car giant Tesla increased by 6.3 percent and processor company AMD rose by 4.7 percent. All three stocks have now recovered after the crash.

Among Thursday's falling stocks were pharmaceutical company Pfizer, down 0.6 percent, food conglomerate Mondelez, down 1.3 percent, and telecom company Verizon, down 2.1 percent.

Tags
TTT
By TTThis article has been altered and translated by Sweden Herald

More news

Cryptocurrency victory in the US Congress
1 MIN READ

Cryptocurrency victory in the US Congress

ECB Hiker: Can Cut Even if Fed Doesn't Cut
2 MIN READ

ECB Hiker: Can Cut Even if Fed Doesn't Cut

Now Black Week starts – here are five best tips
2 MIN READ

Now Black Week starts – here are five best tips

He still believes in the German Northvolt factory
2 MIN READ

He still believes in the German Northvolt factory

Chinese Cars from Spanish Factory
1 MIN READ

Chinese Cars from Spanish Factory

The Ski Holiday Becomes Increasingly Expensive – "Like a Luxury Trip"
2 MIN READ

The Ski Holiday Becomes Increasingly Expensive – "Like a Luxury Trip"

Nvidia CEO: Don't Close the Borders
1 MIN READ

Nvidia CEO: Don't Close the Borders

Pilot Strike – Finnair Cancels 300 Flights
1 MIN READ

Pilot Strike – Finnair Cancels 300 Flights

Billion-dollar amounts at stake in Northvolt's crisis
2 MIN READ

Billion-dollar amounts at stake in Northvolt's crisis

German industry leader warns of new energy crisis
1 MIN READ

German industry leader warns of new energy crisis

The new ISK tax is decided
3 MIN READ

The new ISK tax is decided

Amazon doubles investment in AI company
1 MIN READ

Amazon doubles investment in AI company

Trump nominates billionaire to finance minister
3 MIN READ

Trump nominates billionaire to finance minister

Cheerful on Wall Street – bitcoin nears dream limit
2 MIN READ

Cheerful on Wall Street – bitcoin nears dream limit

Northvolt to Apply for Swedish Reconstruction as Well
2 MIN READ

Northvolt to Apply for Swedish Reconstruction as Well

Billion Fines for Unreasonable Fees on Air Travel
1 MIN READ

Billion Fines for Unreasonable Fees on Air Travel

Bosch reduces workforce by 5,500
1 MIN READ

Bosch reduces workforce by 5,500

Northvolt's CEO sold shares for hundreds of millions
1 MIN READ

Northvolt's CEO sold shares for hundreds of millions

Clothing Chain Rises on the Stock Exchange After Sales Forecast
1 MIN READ

Clothing Chain Rises on the Stock Exchange After Sales Forecast

Seven disputed taxes that can save the planet
3 MIN READ

Seven disputed taxes that can save the planet