Dow jumps nearly 200 points to record in short session, S&P 500 posts best month of 2024

DonGlock26

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Sep 15, 2024
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Dow jumps nearly 200 points to record in short session, S&P 500 posts best month of 2024



The Dow Jones Industrial Average
and S&P 500
rose to new heights on Friday amid a shortened trading day capped a strong month for equities.

The S&P 500 added 0.56% to 6,032.28, while the Nasdaq Composite
jumped 0.83% to 19,218.17.The Dow Jones Industrial Average
climbed 188.59 points, or 0.42%, to end at 44,910.65. Both the Dow and S&P 500 notched new intraday and closing highs.

Some of the upward momentum came from chip stocks, which popped after Bloomberg reported that the Biden administration was considering additional barriers on the sale of semiconductor equipment to China that weren’t as strong as previously expected. Lam Research
rallied more than 3% while Nvidia
jumped more than 2%. The iShares Semiconductor ETF (SOXX)
added 1.3%.

To be sure, it was a fairly broad advance that propelled the S&P 500 into uncharted territory. About 3 out of every 5 S&P 500 members finished the session in the green.



The stock market is driven by optimism or pessimism. Trump's election victory is causing a wave of optimism that Bidenomics is coming to an end and sane people will control the economy for the next 4-12 years.
 
The stock market is driven by optimism or pessimism. Trump's election victory is causing a wave of optimism that Bidenomics is coming to an end and sane people will control the economy for the next 4-12 years.

Correct! While the Leftists will DENY it...........the stock market has been for 25 years or more, financiers' predictions on what the economy is going to do six months in advance.

Now to be fair, they are GUESSING. But, if you are going to buy into a take on what is coming by this summer for the economy, you would listen to the PROFFESIONALS,; of which one of our own on USMB proclaims to be.....AKA.........MACAFLOOZY!

So let us measure how the mighty INVESTOR known as FLOOZY has done------------->he didn't have a clue what the market would do IF Trump was elected, and wanted him defeated much to the chagrin of HIS investors; if they had the where-with-all to ignore his nonsensical take!

The point is NOT MACAFLOOZY perse, although you might think that is what I am pushing. Reality says------------>The Left, and those on the Left who pretend they are not........LOL, think FLOOZY.....are the ONES WILLING to sell their souls to defeat a candidate. They HATE Trump. Doesn't matter who screwed the country, makes no difference if their people are breaking the law letting illegals in, by GOD WE GOTTA DEFEAT TRUMP!

And to think, all they had to do was run someone who sounded reasonable, and straddled the middle, even if they really did not. The LEFT HAD TO HAVE someone they could control, because people in DC who are NOT elected, are actually running the country, and they want to continue to do so. Kinda like FLOOZY will screw INVESTORS to promote his political beliefs. (that is, if we believe he is an investment advisor; and personally, I have my doubts!) So his politics, over ride his job..........but he still makes pretend. Personally, I believe if HE IS an investment advisor, he should let everyone know what he wants so as investors can decide what they can do......or do not want to. But then again, it takes GONADS to do that. He might actually get MORE business. Maybe OPPPEEEDOPPEEEE< Jenny On The Block, TAY TAY, SUNNY HOSTIN, or the charming and delightful WHOOPEE will sign up for his Leftist, sage, investment, advice. I think you USMB posters should make it perfectly clear, if he has GONADS, he should put his money where his MOUTH is! If he can't, then STOP PREACHING, because even you do not believe a damn word you say-)
 
We be rolling in it right now.

June or July may be very, very different.
 
The stock market is driven by optimism or pessimism. Trump's election victory is causing a wave of optimism that Bidenomics is coming to an end and sane people will control the economy for the next 4-12 years.
Dream on !
 
When the market is up, my party did it.
When the market is down, the other party did it.
The Kabuki Theater just doesn't stop.

Pretty funny, Jackass considering that is EXACTLY what you claim in your EVERY POST.
Everything bad is Trump's doing.
All good things lead to anything but Trump.
Never a bad word out of you about anyone or anything else.
You're a crackpot that just never stops.
 
Pretty funny, Jackass considering that is EXACTLY what you claim in your EVERY POST.
Everything bad is Trump's doing.
All good things lead to anything but Trump.
Never a bad word out of you about anyone or anything else.
You're a crackpot that just never stops.
Trump loves you.

Trump will take care of you.
 
Biden key US u of a recession ( Post COVID Worldwide Crisis ) and is leaving trump with a stable , growing , healthy economy. Let's see how long that lasts in trump's hands. Don't hold your breath. .

Lessee idiot, Obumma/Biden gave us the Great Recession for 7 years.
After democrats gave us the SNL meltdown.
Trump built us back up to the best economy in decades.
Until the US-created china virus hit the world.
Biden said Trump was unfit for office for the # of covid-related deaths during his watch.
Then Biden stole an election to replace him and had THREE TIMES as many die under him!
Then he added 40% inflation! A decade's worth of government dollar devaluation in just two years!
Then he left Americans dead, abandoned, in a military BLUNDER that gave our enemies 80 billion in brand new military hardware left behind.
Then he invaded us with more illegal aliens than the population of 40 states!
Then he dragged us into a Ukraine/Russia war we didn't need involved in that he helped fuel.
Then he fueled Iran so they could start war with Israel!
Now China is preparing to invade Taiwan and Joe is off getting a tan!
Crime is out the roof, cities are reeling, banking is teetering, business is buckling but you think the economy is good because stocks are high!
And now Joe is trying hard to start nuclear war. Joe never gave us ONE FUCKING day of good news nor prosperity.

But YOU are worried that Trump might bungle it. :auiqs.jpg:

🦴 🤕
 
A man with no compassion at all is going to take care of anyone other than himself.

Right, Stoop. Trump has sacrificed millions and billions, given up a life of luxury and even risked getting shot because he knows no one in Washington has this country's back,
but YOU think Trump has no compassion and is only in it for himself.

Wow.

🦴 🤕
 

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