Posted by Hải Âu + (73..162.32) on July 22, 2022 at 18:04:31:
In Reply to: Market next week ... 2 Mikey posted by Hải Âu on July 22, 2022 at 17:55:20:
[BRIEFING.COM] Ahead of the weekend, the stock market opened on a soft note before early highs saw the S&P 500 reach 4,012.44. The major indices were moving mostly sideways off their highs until about 11:00 a.m. ET when selling conviction picked up. The market continued a steady decline but lifted off its lows just before the close.
Despite the softer finish to the day, each major index is up week–to–date with the S&P 500, Dow, and Nasdaq showing gains of 2.6%, 3.3%, and 2.0%, respectively.
Ahead of the open, there were economic releases that played into the existing global growth slowdown narrative. Preliminary July PMI ...