Evening Market Recap - Wednesday, 30-Aug
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08/30/23
US equities were higher in fairly quiet Wednesday trading, ending just off session highs, with the Dow Jones, S&P500, and Nasdaq finishing up 11 bps, 38 bps, and 54 bps respectively. ADP private payrolls came in softer than expected for August. Q2 GDP was revised down on weaker inventory and trade contributions. August pending-home sales rose vs consensus for a monthly pullback. Apple confirmed September 12th as the date for the expected launch of its iPhone 15 models.
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