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Stock Market Overview

Tue, Jul 9th, 2024
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Broader Market Settles Higher on Chip Stock Strength


The S&P 500 Index ($SPX) (SPY) Monday closed up +0.10%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.08%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.23%.

Stock indexes on Monday settled mixed, with the S&P 500 and Nasdaq 100 posting new record highs and the Dow Jones Industrials retreating from a 6-week high.  Strength in chip stocks on Monday led technology stocks higher and boosted the overall market.  However, weakness in software stocks limited the upside for stock indexes, and a -3% slump in Nike weighed on the Dow Jones Industrials.

US stocks had carryover support from reduced political tensions in France.  The Euro Stoxx 50 rose to a 3-week high Monday after Sunday’s elections in France showed a surprise victory for the far-left party that produced a divided parliament with no clear majority.  That outcome limits how much any party can do, leading to expectations that President Macron will form a new coalition between the center and center... Read more

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WMT : 69.68 (-0.51%)
CL : 97.58 (+0.55%)
CTAS : 711.03 (-0.10%)
Stock market today: Global stocks mostly rise, with Japan's Nikkei 225 index logging record close

Global shares are mostly higher, with Japan's benchmark Nikkei 225 jumping 2% to finish at another record high

$SPX : 5,572.85 (+0.10%)
$DOWI : 39,344.79 (-0.08%)
$IUXX : 20,439.54 (+0.23%)
Japan's Nikkei 225 stock index logs another record high close as world markets rally

Japan's Nikkei 225 stock index has ended at a record high close

$SPX : 5,572.85 (+0.10%)
$DOWI : 39,344.79 (-0.08%)
$IUXX : 20,439.54 (+0.23%)
Here's what to know about Boeing agreeing to plead guilty to fraud in 737 Max crashes

Boeing has agreed to plead guilty to fraud to settle charges stemming from the crashes of two of its 737 Max jets

$SPX : 5,572.85 (+0.10%)
$DOWI : 39,344.79 (-0.08%)
$IUXX : 20,439.54 (+0.23%)
Stock market today: Asian shares trade mostly higher after S&P 500, Nasdaq reach more records

Asian shares are trading mostly higher after Wall Street benchmarks reached more milestones

C : 64.74 (+1.11%)
$SPX : 5,572.85 (+0.10%)
$DOWI : 39,344.79 (-0.08%)
$IUXX : 20,439.54 (+0.23%)
PARAA : 21.02 (+2.69%)
AVGO : 1,745.86 (+2.50%)
Cannabis advocates in Thailand protest a proposal to ban again its general use

Two years after marijuana was decriminalized in Thailand, nearly a hundred of its advocates marched to the prime minister’s office to protest a possible ban on general use

$SPX : 5,572.85 (+0.10%)
$DOWI : 39,344.79 (-0.08%)
$IUXX : 20,439.54 (+0.23%)

52 Week New Highs & Lows

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Today's New Highs & Lows

HIGHS LOWS DIFF
5-Day 1,404 1,031 373
1-Month 524 418 106
3-Month 226 259 -33
6-Month 157 191 -34
52-Week 126 143 -17
YTD 154 191 -37

Top Performing Sectors

(Ranked by 5-Day Change)

Top 100 Stocks

(Sorted by Daily Weighted Alpha)

Market Momentum

NYSE AMEX NASDAQ
Issues Up 1,117 105 1,781
Issues Down 791 109 1,280
Issues Unch 41 8 105

S&P Sectors Market Map

Tweets @Barchart

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This isn't going very well for McDonald's $MCD https://t.co/0r4ykUXXXx
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Investors are having difficulty withdrawing money from commercial real estate funds after funds put up gates and queues https://t.co/nlydwvY48k
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Stock Market Correction beginning on July 17? 🚨 Goldman Sachs warns that everyone, including itself, is too bullish on the stock market, which could mean a correction is coming. July 17 has historically marked a local top heading into a weaker August! https://t.co/dRUBl0A0c9 https://t.co/Qht7yc1hjy
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5 largest stocks in the S&P 500 now account for 29% of the $SPX, the highest level of concentration in AT LEAST 60 years. Probably Fine https://t.co/CO7lkCnYQV https://t.co/AassVe2ZHh
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Mike Wilson is back! The man who has predicted 20 of the last 0 stock market sell-offs warns that a 10% correction is highly likely. https://t.co/eRic3POH4d
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Bullish 😂 https://t.co/twSTB0KYGq
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Market now says there is a 74% chance of an interest rate cut at the September Fed Meeting. One important thing to also keep in mind is that September is the last Fed meeting before the Election. https://t.co/FQgs83XMhs
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Intel $INTC has provided proof of life https://t.co/1P8rCuhDG4
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On this day 135 years ago, the Wall Street Journal made its debut https://t.co/BeVxgrkEO9
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