Global stocks are on track for their longest winning streak in 2024, hitting record highs.

From Google: 2024-08-20 01:59:18

Global stocks are on track for their longest winning streak in 2024 as investors remain optimistic about economic recovery. The S&P 500 and Nasdaq both hit record highs, while European stocks also rose. The Dow Jones Industrial Average increased by 0.4%. Tech stocks led the gains, with Tesla and Amazon seeing notable increases. Asian stocks were also higher, with Japan’s Nikkei 225 up by 1.2%. Oil prices rose slightly, with Brent crude hitting $74 a barrel. Investors are cautiously optimistic as they monitor inflation and economic data for signs of recovery.



Read more at Google: Global Stocks Set for Longest Win Streak of 2024: Markets Wrap – Yahoo Finance