On Wednesday, August 23, the U.S. markets closed higher, driven by gains in the technology, financial, and industrial sectors.
The technology-focused Nasdaq Composite index recorded positive growth for three consecutive trading sessions. Most of the segments within the S&P 500 ended the day with gains.
On Tuesday, August 22, U.S. markets closed mostly lower; the stocks of various banks declined following S&P Global's decision to lower credit ratings for several U.S. banks.
Most sectors within the S&P 500 ended the Tuesday session with declines, with the energy and financial sectors experiencing the most significant drops. Real estate and utility stocks saw gains.
On Monday, August 21, U.S. markets ended mixed; Nasdaq was up more than 1%, ending a four-session losing streak, with NVIDIA Corp (NASDAQ: NVDA) surging on investors' optimism ahead of earnings along with other technology stocks gaining.
On Friday, the U.S. markets ended mixed, as gains in energy, utilities, and consumer staples stocks offset losses in mega-cap growth stocks, resulting in an almost flat S&P 500.
On Friday, August 11, the U.S. markets ended mixed, reflecting concerns that the Federal Reserve's efforts to control inflation aren't complete.
Producer prices in the U.S. increased 0.3% month-over-month in July, following a revised flat reading for June.
On Thursday, August 10, the U.S. markets closed in green after the release of the recent inflation data. Gains in the Consumer Services, Telecoms, and Technology sectors led stocks higher.
On Tuesday, August 8, the U.S. markets closed in the red after credit rating agency Moody's (NYSE: MCO) downgraded several banks, reigniting concerns about the soundness of U.S. banks and the economy.