Rodolfo Ignacio Gebauer Werner
Hi eTorians👋🏻 🇺🇸 US stocks ended Friday's session with gains at the end of a volatile August and with traders preparing for what is historically known as the worst month for stocks: September. 💹 On Friday, $SPX500 rose to 5,650 points, very close to its historical highs; $NSDQ100 added 1.3%; $RTY of small companies gained 0.7% and the Wall Street fear gauge, the $VIX.SEP24 fell to 15 points. A report released Friday showed that U.S. consumer confidence rose to 67.9, improving for the first time in five months. Also, the core personal consumption expenditures price index rose 0.2% at a moderate pace. This index is the Fed's preferred measure of underlying inflation in the United States. 🏦 These better macroeconomic prospects for the United States could indicate the extent of the long-awaited rate cut by the Federal Reserve next month. That's all. Greetings! 📊 The image shows Friday's performance of S&P500 stock
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