SPY - Asia and Europe Trade Mixed Crude Oil Up - Global Markets Today While US Was Sleeping | Benzinga
On Wednesday, August 30, the U.S. markets closed in green. The new economic data suggests a slowdown in the U.S. economy.
The Economic data indicated that the U.S. economy grew at an annualized rate of 2.1% in Q2 2023, lower than the initial 2.4% estimate and the 2.0% growth in Q1.
In August, American private companies hired 177,000 employees, falling short of the anticipated 195,000 increase and down from a revised 371,000 rise in July.
Most sectors within the S&P 500 ended the day positively, with the largest gains seen in information technology and energy stocks.
The Dow Jones Industrial Average concluded with a 0.11% increase at 34,890.24; the S&P ...