Morning Report 2 Jul 24: US and European stocks rise, surviving a spike in bond yields

US sharemarkets started July on a positive footing, despite being challenged by a sharp rise in bond yields. The Dow Jones index rose 50 points or 0.1%, the S&P 500 index gained 14pts or 0.3% and the Nasdaq index rose 146pts points or 0.8%. Technology names led the improvements, with megacap names well supported, Apple shares rose 2.9%, Amazon firmed 2% , and Microsoft gained 2.2%. Tesla shares were noteworthy for a 6% gain during the session, in turn rising for a fifth day ahead of a soon to be released delivery report. European sharemarkets rose on Monday, halting the declines that featured last week, as investors expressed relief that the far right is less likely to gain a majority following French Parliamentary elections at the weekend. Elsewhere, the annual inflation rate in Germany fell to 2.2% in June from 2.4% in May, below forecasts of 2.3%. The continent-wide FTSEurofirst 300 rose almost 6 points or 0.3%. In London, the UK FTSE 100 index ended slightly higher with a gain of 2 points.
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Пікірлер: 34

  • @DavidAnyim-hd9by
    @DavidAnyim-hd9byКүн бұрын

    From $37K to $45K that's the minimum range of profit return every week I thinks it's not a bad one for me, now I have enough to pay bills and take care of my family..

  • @Mackenzie-565

    @Mackenzie-565

    Күн бұрын

    Excuse me for real?,how is that possible I have struggling financially, how was that possible?

  • @DavidAnyim-hd9by

    @DavidAnyim-hd9by

    Күн бұрын

    I always appreciate God for his kindness upon my life

  • @DavidAnyim-hd9by

    @DavidAnyim-hd9by

    Күн бұрын

    Thanks to Elizabeth Marie Hawley.

  • @JoseMatthew-r2e

    @JoseMatthew-r2e

    Күн бұрын

    YES!!! That's exactly her name (Elizabeth Maria Hawley) so many people have recommended highly about her and am just starting with her 😊 from Brisbane Australia🇦🇺

  • @Shanefrancis-vk8ks

    @Shanefrancis-vk8ks

    Күн бұрын

    I have heard a lot of wonderful things about Elizabeth Maria Hawley on the news but didn't believe it until now. I'm definitely trying her out

  • @unclenick1968
    @unclenick19682 күн бұрын

    Yeah nah, going down, maybe up, but overall going sideways?

  • @docjoei2224
    @docjoei22242 күн бұрын

    Please stop calling Frances leading democratic party ‘far right’ Tom; it makes you sound ‘far left’😮

  • @AussieTrader.

    @AussieTrader.

    Күн бұрын

    Agreed and notice how you rarely ever hear the term 'far left'. It's just a label they attach to anyone who doesn't agree with their agenda, but remember Tom does work for a big bank which usually lean left towards socialism!

  • @Shwh15
    @Shwh152 күн бұрын

    ‘Far right’ movement in France, does that mean serfdom and provincial trade duties will come back? That’s sure to have an effect on markets.

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