Last week, the Nasdaq declined while the Dow and S&P 500 advanced for the week, though all closed above crucial support levels. The S&P 500 outperformed in August with a 2.3% increase, followed by the Dow's 1.8% rise. The Nasdaq increased by 0.7%, ending significantly below its mid-month high for July.
Earnings reports from Salesforce and Nvidia made headlines in the latest week. Now it's Broadcom's turn...

As the world's biggest sovereign wealth fund, the Government Pension Fund Global (GPFG) of Norway recently disclosed its investment report for the first half of 2024. The fund registered a return of 8.6 percent, trailing the return on the benchmark index by a mere 0.04 percentage points, while its equity investments, which constitute roughly 72% of its portfolio, yielded a robust 12.5% return.
GPFG Increases Holdings in Malaysian Eq...