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On Monday, July 22nd, U.S. stock markets closed in green as investors returned to megacap growth stocks. The S&P 500 and Nasdaq Composite rebounded from their worst weekly performance since April, while the Dow Jones Industrial Average ended a two-session decline.
According to the economic data, the Chicago Fed National Activity Index fell to 0.05 in June from 0.23, while analysts expected -0.09.
Most S&P 500 sectors closed higher, led by communication services, information technology, and industrial stocks, while energy and consumer staples fell.
The Dow Jones Industrial Average was up 0.32% and closed at 40,415.44. The S&P 500 gained 1.08%, ending the day at 5,564.41, while the Nasdaq Composite rose 1.58%, finishing the session at 18,007.57.
Asian Markets Today
Eurozone at 06:00 AM ET
Commodities at 06:00 AM ET
US Futures at 06:00 AM ET
Dow futures were up 0.03%, S&P 500 futures declined 0.08%, and Nasdaq 100 Futures fell 0.21%.
Forex at 06:00 AM ET
The U.S. dollar index gained 0.05% to 104.37, the USD/JPY was down 0.63% to 156.01, and the USD/AUD gained 0.28% to 1.5096.
World markets steadied on Tuesday as investors shifted focus to corporate earnings and economic data after Biden exited the presidential race.
Photo by Pavel Bobrovskiy via Shutterstock
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