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Stock Market Today

Dow Jones today finished in the green along with the Nasdaq-100. Overall, the stock market was choppy. Some commodities that influence inflation were in the red. These included crude oil, gasoline, natural gas, and gold. The crypto product, bitcoin price remained relatively flat. Next, Scott Connor weighs in on healthcare and technology sectors showing strength. Stocks that were positive on the day included Microsoft (MSFT), Apple (AAPL), Procter & Gamble (PG), General Mills (GIS), and UnitedHealth (UNH). Stocks that showed relative weakness included Freeport-McMoran (FCX), PPG Industries (PPG), Simon Property Group (SPG), Exxon Mobil (XOM), and ConocoPhillips (COP). An individual name like McDonalds (MCD) was upgraded to overweight at Atlantic Equities. The MCD stock price today was up over 2%. Also, Bed Bath & Beyond (BBBY) missed on earnings and revenue according to their earnings report. Finally, Connor discusses economic data like MBA Mortgage Applications and GDP.

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29 Jun 2022

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