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Stock Market Overview

Wed, Jul 24th, 2024
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Stocks Close Mildly Lower Ahead of Tech Earnings


The S&P 500 Index ($SPX) (SPY) on Tuesday fell by -0.16%, the Dow Jones Industrials Index ($DOWI) (DIA) fell by -0.14%, and the Nasdaq 100 Index ($IUXX) (QQQ) fell by -0.35%.

US stocks on Tuesday traded on a cautious note ahead of tech earnings.  Tesla (TSLA) and Alphabet (GOOG) were due to report after Tuesday’s close in the first batch of earnings reports from the Magnificent Seven.  Mag 7 reports next week include Microsoft (MSFT) on Tuesday, Meta (META) on Wednesday, and Apple (AAPL) and Amazon (AMZN) on Thursday.  Nvidia (NVDA) is expected to report earnings on August 28. 

Stocks on Tuesday saw support from a mild decline in the 10-year T-note yield, which was fueled by weaker-than-expected US economic reports. 

Tuesday’s June US existing home sales report of -5.4% to 3.89 million was weaker than market expectations for a -3.2% drop to 3.98 million. Home sales continue to be undercut by high mortgage rates and high home prices.

Tuesday’s July Richmond Fe... Read more

52 Week New Highs & Lows

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Top Performing Sectors

Top 100 Stocks

(Sorted by Daily Weighted Alpha)

Market Momentum

TSX TSX-V
Issues Up 971 251
Issues Down 807 371
Issues Unch 194 313

TSX Sectors Market Map

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