On Friday, August 25, the U.S. markets closed higher after Federal Reserve Chair Jerome Powell's Jackson Hole Symposium speech, where he indicated a willingness to raise interest rates when necessary.
All key S&P 500 sectors increased, with consumer discretionary, technology, and energy as top gainers.
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.