Another good news? US Michigan consumer confidence hit an eight-month low in July, with both short- and long-term inflation expectations falling.

Although people's long and short-term inflation expectations have fallen back, the University of Michigan's Consumer Sentiment Index in the United States in July still hit an eight-month low, with sub-indices falling below expectations. Consumers are still very frustrated with continued high prices, and their views on current and future financial conditions have deteriorated to the lowest level since October last year.

wallstreetcnJul 12 23:13 ET

Top 20 turnover | Tesla rose and fell, closing up nearly 3%; Wells Fargo & Co. fell more than 6%, with net interest income below expectations.

On Friday, Tesla ranked first in the trading volume of US stocks, closing up 2.99% with a turnover of $38.54 billion; Nvidia ranked second, closing up 1.44% with a turnover of $32.817 billion; Apple ranked third, closing up 1.31% with a turnover of $12.257 billion.

環球市場播報Jul 12 22:07 ET

Stocks Close in the Green as Latest Economic Data Boosts Rate Cut Expectations for September | Wall Street Today

Stocks closed higher, with new economic data strengthening expectations for a Federal Reserve rate cut in September.

Moomoo Recap USJul 12 16:23 ET

Dow Hits All Time High Friday, While Consumer Confidence Lowered

As a general recap, the market was advancing, and the S&P 500 and Nasdaq climbed higher after a one-day pullback. Shortly after 10:20 am EST, the  $S&P 500 Index(.SPX.US)$ climbed 0.51%, the &

Moomoo NewsJul 12 16:02 ET

S&P 500 Companies Top Revenue Growth Expectations So Far in 2Q

The second quarter is off to a good start, with 81% of the S&P 500 companies having reported EPS above their guidance and 15% below their views, according to the latest FactSet Earnings

WSJJul 12 15:44 ET · Earnings

Will Rate Cut Expectations Trigger a Shift from Large to Small Caps?

As June's Consumer Price Index (CPI) indicates a slight deceleration in inflation, rising to 3% from the previous year, investors are recalibrating their portfolios, pivoting away from the large-cap technology and that have propelled market indexes to record peaks.

Moomoo News GlobalJul 12 12:18 ET