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71% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
70.91% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70.91% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing all your money. Read full risk warning.
US Session Analysis for CFD Instruments 31/08/2023
Fundamental analysis
31 August, 2023
The S&P 500 has been steady at 4,516 heading into Thursday. Wall Street's benchmark S&P 500 index rose 0.4% on Wednesday after the U.S. government cut its estimate of economic growth for the second quarter to a still-robust level. The S&P 500 advanced Wednesday to 4,514.87. It is down from this year's peak in July but still up 17.6% for the first eight months of 2023. The Dow Jones Industrial Average added 0.1% to 34,890.24. The Nasdaq gained 0.5% to 14,019.31. It's up nearly 34% for the year. Technology stocks led gains. Apple rose 1.9% and Palo Alto Networks rose 1.7%. HP lost 6.6% after cutting its profit forecast. Traders hope that this week's updates on hiring and consumer inflation will convince the Federal Reserve prices are under control and no more interest rate hikes are needed.
