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Encouraging economic data and an enthusiastically received technology IPO helped push the S&P 500 Index and the Dow Jones Industrial Average to their highest closes in over a week on Thursday. Retailers were among the market’s strongest sectors in the wake of stronger-than-expected August retail sales. Energy companies also climbed as crude oil futures extended a rally and topped $90 a barrel for the first time since mid-November. The Dow Jones closed 331 points higher while the S&P 500 and Nasdaq gained 0.8% each. European markets also ended the day higher after a lacklustre morning, with the Euro Stoxx 50 index up 1.3%.
Summary for 15.09.2023
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