Market Brief 30 August, 2024
Good evening, investors and traders! Today's market saw a positive close, with both the S&P 500 Index (GSPC) and Nasdaq 100 Index (NDX) ending the day in the green. The S&P 500 Index (GSPC) closed at 5648.21, up 1.01%, while the Nasdaq 100 Index (NDX) finished at 19571.96, up 1.28%. Volatility indices, however, experienced a downturn, with the CBOE NASDAQ 100 Volatility (VXN) and CBOE Vix Volatility (VVIX) leading the losses. The top gainers for the day were Intel Corporation (INTC) and Marvell Technology Group Ltd (MRVL), both experiencing significant price increases. Overall, the market exhibited a positive sentiment, driven by strong economic data and positive news surrounding the tech sector.
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