Silver Price Forecast: Silver Market Displaying Volatile Behavior with Technical Analysis
August 30, 2024Silver (XAG) Price Prediction: Potential Boost Expected from Samsung’s Battery Demand at $28.40
September 2, 2024U.S. stocks closed higher on Friday with gains in Consumer Services, Consumer Goods, and Industrials sectors driving the market. At the close in NYSE, the Dow Jones Industrial Average reached a new all-time high, increasing by 0.55%. The S&P 500 index added 1.01%, while the NASDAQ Composite index gained 1.10%. The top performers on the Dow Jones Industrial Average were Intel Corporation, Amazon.com Inc, and International Business Machines, with Intel Corporation leading the session with a 9.49% increase. Meanwhile, Salesforce Inc, American Express Company, and Apple Inc were among the worst performers of the session. On the S&P 500, Intel Corporation, Western Digital Corporation, and Tesla Inc were the top performers, while Ulta Beauty Inc, APA Corporation, and Super Micro Computer Inc were the worst performers. The NASDAQ Composite saw impressive gains from Agape ATP Corp, Brenmiller Energy Ltd, and Focus Universal Inc as top performers, while NuCana PLC, Paltalk Inc, and HWH International Inc were the worst performers. On the New York Stock Exchange, rising stocks outnumbered declining ones, and on the Nasdaq Stock Exchange, more stocks rose compared to those that declined. In commodities trading, Gold Futures and Crude oil prices fell, while the EUR/USD remained unchanged. The US Dollar Index Futures saw an increase during trading. Overall, the market showed positive movement as the Dow Jones Industrial Average achieved a new high and various sectors saw gains.