S&P 500 Notches Fourth Straight Month of Gains

Written By Timmy Adami

August 30, 2024

MRKT Matrix - Friday, August 30th

  • S&P 500 rises, aims for fourth-straight winning month (CNBC)

  • S&P 500’s Win Streak to Face ‘Bad September’ Test (Bloomberg)

  • The Fed’s favorite inflation indicator increased 0.2% in July, as expected (CNBC)

  • US Consumer Sentiment Rises for First Time in Five Months (Bloomberg)

  • Goldman Sachs to Lay Off Over 1,300 Workers (WSJ)

  • Intel working with bankers to present board with strategic options, sending shares up 8% (CNBC)

  • Alibaba shares rise after it completes three-year regulatory overhaul (CNBC)

  • Meta’s AI Assistant Wins Millions of Users in Challenge to ChatGPT (The Information)

  • OpenAI considers changes to its corporate structure amid latest funding talks (FT)

Timmy Adami
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