2024-07-30 09:00:08
Stocks
Markets
Economy

Market Momentum: Stocks Rise as Big Week Unfolds

Image courtesy of : AFP (SPENCER PLATT)

Stocks surged at the start of a pivotal week dominated by the Fed's decision, job reports, and tech giants' earnings. The S&P 500 and Nasdaq climbed, while the Dow remained steady.

Investors eagerly anticipate surprises as over 150 S&P 500 companies gear up to disclose earnings. With the 'Magnificent Seven' results, mixed performance from McDonald's, and a focus on the US economy's 'sweet spot,' markets brace for a rollercoaster.

Meanwhile, key players like Meta, Microsoft, and Pfizer witnessed gains, contrasting with diabetes firm Dexcom's downturn. As the week progresses, eyes are on major players like Microsoft, Amazon, and Meta for their reports.

Amidst this, economic data signals improved inflation, with PCE and core PCE prices up, while consumer spending rises.

Yahoo Finance
29. Juli 2024 um 16:03

Stock market news today: S&P 500, Nasdaq gain to kick off huge week for markets

Finance
Economy
Technology
Stocks gained to start big week with Fed decision, jobs report, and Big Tech earnings. S&P 500 and Nasdaq rose, Dow flat. Investors await surprises, with jobs report, McDonald's miss, US economy 'sweet spot', 'Magnificent Seven' results, and over 150 S&P 500 members reporting earnings in focus.
The Street
30. Juli 2024 um 15:45

Buckle up: Markets face biggest week of summer TheStreet Daily Newsletter

Finance
Economy
Technology
Nasdaq estimates 1,095 companies will report earnings this week, as investors navigate the Fed's policy decision, the June jobs report, and earnings from tech giants.
Yahoo Finance
30. Juli 2024 um 07:11

Stock market today: Asian shares mostly fall ahead of central bank meetings

Finance
Economy
Politics
Technology
Asian shares fell ahead of central bank meetings and major tech earnings. Japan's unemployment improved, while ON Semiconductor and McDonald's had mixed results. Oil stocks fell on China concerns. The Russell 2000 shed 1.1%, and Treasury yields held steady. Benchmark U.S. crude and Brent crude prices declined, and the U.S. dollar edged up against the euro.
The Street
29. Juli 2024 um 22:46

Big movers: Meta, Microsoft up, diabetes stock slumps TheStreet Daily Newsletter

Finance
Economy
Technology
Tech giants Meta, Microsoft, Pfizer up. Diabetes firm Dexcom tumbles on weak Q2, outlook. 3M, Mohawk, Charter gain big. Deckers Outdoor, Hoka and Uggs parent, beats earnings, raises guidance. Transport Norfolk Southern, healthcare Centene also advance. Key economic data shows improving inflation, with PCE and core PCE price indexes rising, and consumer spending climbing.
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