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On Monday, July 29th, U.S. stock markets closed mixed; the S&P 500 closed slightly higher after a volatile Monday as investors awaited major tech earnings, a Fed rate decision, and key labor data.
In economic news, the Dallas Fed Manufacturing index declined to -17.5 in July, compared to -15.1 in the prior month.
The S&P 500 saw gains led by the consumer discretionary, communication services, and real estate sectors, while energy and information technology stocks ended lower.
The consumer discretionary sector was the biggest boost to the S&P 500, mainly due to Tesla’s stock rally after Morgan Stanley added it to its “top pick” U.S. autos list.
The Dow Jones Industrial Average was up 1.64% and closed at 40,589.34. The S&P 500 gained 1.11%, ending the day at 5,459.10, and the Nasdaq Composite rose 1.03%, finishing the session at 17,357.88.
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 0.12%, S&P 500 futures gained 0.11%, and Nasdaq 100 Futures rose 0.08%.
Forex at 06:00 AM ET
The U.S. dollar index declined 0.01% to 104.56, the USD/JPY rose 0.51% to 154.80, and the USD/AUD rose 0.04% to 1.5278.
Photo by Pavel Bobrovskiy via Shutterstock
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