Stocks ended the week on a positive note, with the S&P 500 rising for the second consecutive day on August 9, 2024. This came after a volatile week of trading that saw the market fluctuate wildly. The Wall Street Journal reported that the S&P 500 closed the week right around where it had started.
Yahoo Finance also noted that US stocks rallied at the open, indicating a rebound that was set to continue. Overall, it was a week of ups and downs for the stock market, but investors seemed to find some stability towards the end of the week. The positive momentum at the close of trading on August 9 was a welcome relief for many market participants.