Markets recovered swiftly after August's turmoil, with Nvidia's earnings as the key event.
Sectors & Industries
September 3, 2024
It was a wild month. Remember when nearly $6.5 trillion was wiped out from global stock markets leading up to August 7th? Markets seem to have forgotten.
Since its low on August 5th, the Nasdaq has bounced nearly 12.5%. Almost 20 days later, many wondered if the market would crumble or continue to rally to new highs.
It all hinged on one event—Nvidia's earnings.
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