According to Bloomberg analyst Walter Bloomberg, the S & P 500 index is on track for its fourth consecutive month of gains
🔸 as of Thursday, the three major stock indexes have risen more than 2.5% this month, and the August market will end on Friday.
🔸 S & P 500 and Dow Jones Industries Average Index (hereinafter referred to as "Dow Jones"): on track for "four consecutive months of gains" (the longest consecutive period since September 2024).
🔸 Nasdaq Composite Index (hereinafter referred to as the "Nasdaq Index"): is about to achieve its fifth consecutive month of gains, the best streak in nearly 18 months.
🔸 despite multiple headwinds, the market still rallied: the weak non-farm payrolls report released on August 1, Trump's tariff increase policy, and his move to fire Federal Reserve Governor Lisa Cook.
🔸 market strength is driven by three factors: strong corporate earnings performance, market optimism in the field of artificial intelligence (AI), and low trading volume (note: light trading volume can still maintain the rise, highlighting the resilience of market buying).
🔸 Thursday, both the Dow and the S & P 500 hit record highs, with the S & P 500 closing at a record high for the 20th time this year.
Bloomberg analysts: S & P 500 index on track for fourth consecutive month of gains
2025-08-29 12:20:14
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