By William Collins, consultant in financial affairs – Eurasia Business News, August 28, 2025. Article no. 1750
The S&P 500 and Dow Jones Industrial Average both reached new record closing levels following the release of a revised GDP report. The Commerce Department reported that the U.S. economy grew by 3.3% in the second quarter, which was faster than the previous estimate of 3.0%.
The tech-heavy Nasdaq Composite (IXIC) added 0.5%, finishing the day just 8 points away from a new closing high of its own.
On the day of the report, the S&P 500 rose 0.32% to 6,501.86, marking its 20th record close in 2025, while the Dow Jones Industrial Average increased by 71.67 points or 0.2% to 45,636.91, also setting a new all-time peak. This economic data contributed to positive market sentiment, pushing the major indexes to these record highs.
Our community already has 160,000 readers, joins us !
Subscribe to our Telegram channel
Eurasia Business News 