Chronicle of August 2023
New reshoring trend, "Barbenheimer", and new optimism
S&P 500 went down by 1.59%, including dividends. Energy was the only sector that gained during the month, while others experienced loses. As of August, Information Technology remained the top sector of 2023, driven mostly by an impressive 238% return of Nvidia Corporation over the last 8 months NVDA 0.00%↑.
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