U.S. Stock Markets Have Big Week as NASDAQ Reaches Another New High and the S&P 500 Is Within 2% of Its February High

Weekly Market Update – August 7, 2020

New Highs for NASDAQ and Real Close for S&P 500 It was a good week for U.S. stock markets as the large tech names pushed NASDAQ to new highs and the S&P 500 is now less than 2% from its February peak. The smaller-cap Russell 2000 had a huge week, eating into its YTD losses significantly.

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