Market Summary July 25th
Market summary July 25th
Market indices were in a holding pattern today, on the eve of the forthcoming FOMC meeting. While the QQQ recorded a robust gain of 0.68%, other broader indices like the Russell 2000 and NYSE composite remained largely unchanged during the session. Both exchanges continued to display net highs, consistent with the ongoing uptrend.
Unless there are unforeseen revelations during tomorrow's FED press conference, it's likely to be a relatively quiet meeting. However, it's worth noting that we are now entering the crux of the earnings season. This period will result in substantial fluctuations in individual stock movements, as well as provide essential data for the broader market. As of tonight, MSFT and GOOGL have reported with diverse responses. MSFT's shares are down, while GOOGL's are up, effectively counterbalancing each other.
Unless there are unforeseen revelations during tomorrow's FED press conference, it's likely to be a relatively quiet meeting. However, it's worth noting that we are now entering the crux of the earnings season. This period will result in substantial fluctuations in individual stock movements, as well as provide essential data for the broader market. As of tonight, MSFT and GOOGL have reported with diverse responses. MSFT's shares are down, while GOOGL's are up, effectively counterbalancing each other.
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