Wednesday, November 27, 2024
HomeBusinessInvestors look to Close out a Strong Month

Investors look to Close out a Strong Month

  • US stocks rose early on Monday as investors looked to close out a month of strong gains.
  • All three indexes rose at the very least by 3% in July, despite a slowing inflation rate and a robust earnings season.
  • Apple and Amazon are expected to release their quarterly earnings reports on Thursday.

US stocks rose Monday morning, as investors sought to cap off a month that saw a slew of gains, fueled by strong earnings growth and a cooling inflation.

So far in July, the S&P 500 rose 3%, while the Nasdaq Composite climbed 3.8%. The Dow Jones Industrial Average gained 3.1%, after a winning streak of 13 days this month.

Tech giants are expected to report earnings this week. AppleThe following are some examples of how to get started: AmazonSet to publish results by Thursday

The Labor Department will also release its monthly payroll data this Friday, just as Wall Street begins to feel more confident about a soft landing of the economy.

Here is where the US indexes were at 9:30 AM. ET Monday’s opening bell:

What else is happening in the morning?

Commodities, bonds, and crypto:

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular