The S&P 500 is at the highs of the week as it extends today’s gain to 52 points, or 1.2%.
Consumer discretionary stocks and Chinese stocks are doing particularly well. Some of that is being driven by a 7% gain in BABA shares after earnings.
Disney shares in the US are up 1.6% after earnings but at the moment, the gains are fairly broad based.
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- Source: https://www.forexlive.com/news/us-equities-extend-gains-sp-500-up-12-20230810/
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