Market Brief 22 August, 2024

Good evening, investors and traders! Today's market saw a mixed performance, with the S&P 500 Index (GSPC) closing down by -0.89% at 5570.68, while the Nasdaq 100 Index (NDX) experienced a more significant decline of -1.66%, settling at 19495.25. The top losers for the day were Snowflake Inc. (SNOW) and NetEase Inc (NTES), both experiencing double-digit percentage drops. However, some sectors showed resilience, with Deutsche Bank AG (DB) leading the top gainers with a 3.32% increase. The cryptocurrency market also saw volatility, with Huobi Token (HT) surging by 65.08% while Ariva (ARV) plummeted by -46.35%.