S&P 500 Rises 2.3% in Largest One-Day Gain Since November 2022

Aug 8, 2024, 08:10 PM

The S&P 500 experienced a significant rally on August 8, 2024, marking its largest single-day gain since November 2022. The index rose by 2.3%, reflecting a strong performance in the U.S. stock market. This surge comes after a period of volatility, with the S&P 500 having its biggest one-day loss since September 2022 earlier in the week. The recent gain underscores a notable recovery in investor sentiment.