Dow Jones today was in the green along with the S&P 500 Index or SPX, Nasdaq-100, and Russell 2000. Overall, the stock market finished positive in July. Certain commodities that influence inflation were up. These included crude oil, natural gas, and gold. Next, Scott Connor weighs in on the VIX or the Fear Index reaching a 3-month low. Caterpillar (CAT), Amazon (AMZN), Tesla (TSLA), Chevron (CVX), and Exxon Mobil (XOM) showed strength on the day. Stocks like Crown Castle (CCI), Merck (MRK), and Procter & Gamble (PG) saw relative weakness. Roku Inc. (ROKU) stock price plummeted after their disappointing earnings report was released. Also, Intel (INTC) stock price fell to near 5-year lows after a big earnings miss. Finally, Connor discusses economic data like Personal Income & Outlays and Consumer Sentiment.
29 Jul 2022