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Stock Market Today: SPOT, TSLA, AMZN, MSFT, GOOG Strength

Dow jones today finished higher along with the S&P 500 Index or SPX, Nasdaq-100, and Russell 2000. Overall, the stock market rallied after the FOMC announcement and closed at highest level since early June. Certain commodities that influence inflation were also in the green like crude oil, gasoline, and gold. The crypto product, bitcoin price rallied 9% and closed at near the $23K level. Next, Scott Connor weighs in on Amazon (AMZN), Tesla (TSLA), Meta Platforms (META), Microsoft (MSFT), and Alphabet (GOOG) stocks showing strength. On the other hand, stocks that saw relative weakness included Johnson & Johnson (JNJ), Southern Company (SO), and Duke Energy (DUK). Boeing (BA) stock price today was little changed despite their earnings report miss. However, Spotify (SPOT) stock price today surged on improved company forecast. Finally, Connor discusses economic data like Durable Goods and Pending Home Sales.

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27 Jul 2022

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