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U.S. stocks mostly higher in final hour of trading, with S&P 500 and Nasdaq bouncing back after weekly losses

Clyde Edgerton by Clyde Edgerton
August 14, 2023
in Markets
U.S. stocks mostly higher in final hour of trading, with S&P 500 and Nasdaq bouncing back after weekly losses
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The S&P 500 and Nasdaq Composite remained on track to bounce back from two straight weeks of losses during Monday’s final hour of trading. The S&P 500 was up 0.3%, while the Nasdaq Composite was 0.7% higher as investors tried to shake off a weak start to August. Meanwhile, Dow industrials were down by 0.1%, with worries about China’s property sector and a possible return of U.S. inflation in focus. The S&P 500 and Nasdaq respectively lost 2.6% and 4.7% over the two-week period that ended on Friday.



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