Japan's Nikkei 225 And The US S&P 500 Index Weathered Unprecedented Volatility With A Surprising 3% Rebound
Portfolio Pulse from Zaheer Anwari
Global stock markets, including Japan's Nikkei 225 and the US S&P 500, have experienced significant volatility but showed resilience with notable rebounds. The S&P 500 has increased by 11% year-to-date despite recent fluctuations.
August 08, 2024 | 3:22 pm
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The S&P 500 index, represented by SPY, has shown resilience with a 1.36% rebound after a 3% decline. Despite an 8.32% drop from its mid-July high, it has gained 11% year-to-date, indicating potential growth.
The S&P 500's recent performance, including a significant rebound and year-to-date growth, suggests potential for continued bullish momentum. The index's resilience amid volatility is a positive signal for investors.
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