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Will Stocks Wilt in the Summer Heat?

On The Edge (Monthly)

Better news on the inflation front and easing yields kept investors in equities during June on hopes that a September rate cut was still a possibility as the major averages finished higher for a second straight month. The S&P 500 and NASDAQ rallied to new highs with big cap technology and semiconductor shares continuing to do the heavy lifting early hitting a string of new record highs before buyers' exhaustion hit in mid-month.

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As of: 07/26/2024

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Market Recap - 07/26/2024

Index Close Day Change Day % Change YTD % Change
NASDAQ COMPOSITE 17357.88 176.15 1.03% 15.63%
DJ UTILITIES 971.41 10.05 1.05% 10.18%
DJ TRANSPORT 15919.59 260 1.66% 0.13%
DJ INDUSTRIALS 40589.34 654.27 1.64% 7.69%
NYSE COMPOSITE 18564.48 220.02 1.2% 10.16%
S & P 100 INDEX 2625.69 26.65 1.03% 17.42%
RUSSELL 2000 2260.07 37.09 1.67% 11.49%
S&P 500 5459.1 59.88 1.11% 14.45%
CBOE MKT VOLATILITY 16.39 -2.07 -11.21% 31.65%
AMEX COMPOSITE 5087.57 16.71 0.33% 10.74%
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Tuesday, July 23rd 2024, 4:59 pm

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