Strong day for US stocks, but indices on pace for declines this month

<p>It was a strong day for the major indices with the S&amp;P and NASDAQ having their best day of the trading month:</p><ul><li>Dow Industrial Average headed to the best day since August 7 with a gain of 292.69 points or 0.85% at 34852.66</li><li>S&amp;P had its best day since June 2. Each of those days rose 1.45%. Today the index rose 64.32 points or 1.45% at 4497.64</li><li>NASDAQ index at its best day since July 28 with a gain of 238.62 points or 1.74% at 13943.75</li></ul><p>For the month of August, the major indices are still on pace for a down month:</p><ul><li>Dow Industrial Average is down -2.80%</li><li>S&amp;P index is down -1.99%</li><li>NASDAQ index is a down -2.80%.</li></ul><p>Some of the large big winners today included:</p><ul><li>Nvidia +4.16%</li><li>Adobe +2.03%</li><li>AMD +3.25%</li><li>Intel +2.01%</li><li>Google plus a 2.72%</li><li>Apple +2.23%</li><li>Stryker +2.46%</li><li>Unity Software +6.57%</li><li>Oracle +3.26%</li><li>tesla +7.69%</li><li>Netflix +2.86%</li><li>Meta +2.64%</li><li>Broadcom, +3.36%</li><li>Caterpillar +1.93%</li><li>Goldman Sachs +2.06%</li><li>Shopify, +4.42%</li></ul>

This article was written by Greg Michalowski at www.forexlive.com.