Coming soon - Get a detailed view of why an account is flagged as spam!
view details

This post has been de-listed

It is no longer included in search results and normal feeds (front page, hot posts, subreddit posts, etc). It remains visible only via the author's post history.

4
Stock market highlights for today, July 8, 2024 "Markets mostly flat, Nvidia moving up again"
Post Body

U.S. Markets 🇺🇸

  • 📈 Major Indices Performance:
    • S&P 500: 0.2% in morning trading, continuing record highs from last week.
    • Dow Jones: 0.17%, closing at 39,375.87.
    • Nasdaq Composite: 0.9%, closing at 18,352.76.
  • 📉 Market Movements:
    • Futures: Little changed; bond yields rise.
  • 🛢️ Commodities:
    • WTI Crude Oil: $82.96 per barrel.
    • Brent Crude: $86.47 per barrel.
  • 📈 Treasury Yields:
    • U.S. 10-year Treasury Yield: 4.27%.
    • U.S. 2-year Treasury Yield: 4.60%.

European Markets 🇪🇺

  • 📈 Market Opening:
    • European stocks rose; CAC 40 index up 0.4%.
  • 📉 Currency Movements:
    • Euro weakened following French election results.

Asia-Pacific Markets 🌏

  • 📉 Market Performance:
    • Japan Nikkei: -0.17%.
    • Japan Topix: -0.47%.
    • Hong Kong Hang Seng: -2.06%.
    • China Shanghai Composite: -0.26%.
    • South Korea Kospi: -0.07%.
    • Australia S&P/ASX 200: -0.4%.

Indian Markets 🇮🇳

  • 📉 Indices Performance:
    • Sensex: -36 points, closing at 79,960.
    • Nifty 50: Flat, closing at 24,321.
  • 📉 Market Movements:
    • GIFT Nifty futures: Down 25.5 points, indicating a negative start.
  • 📊 Top Stocks to Watch:
    • NLC India: Secured rights to develop Machhakata coal mine.
    • IndusInd Bank: Net advances up 16% YoY; deposits up 15% YoY.
    • Bank of Baroda: Global business up 8.52% YoY.
    • JM Financial: Acquired stakes in JM Financial Credit Solutions and Asset Reconstruction Company.
    • Titan: Reported 9% growth in standalone business YoY.
    • Marico: Achieved double-digit growth in international business.
  • 📉 Currency Market:
    • Indian Rupee: Weaker at 83.4375 against the U.S. Dollar.

Corporate Highlights 🏢

  • 🚗 Tata Motors: Jaguar Land Rover reported a 5% YoY growth in wholesales.
  • 💻 Infosys: Hemant Lamba resigned as Executive Vice President and Global Head – Strategic Sales.

Economic Reports 📅

  • 📊 U.S. Job Market:
    • 206,000 jobs added in June.
    • Unemployment rate: 4.1%.
    • Average hourly wages: 3.9% YoY.
  • 📊 Fixed Income:
    • New 10-Year Benchmark GOI 7.10 2034: Traded between 6.98% - 7.02%.
    • Old 10-Year Benchmark GOI 7.18 2033: Traded between 7.02% - 7.06%.

Global Sentiment 🌍

  • 📉 Mixed Global Cues:
    • Positive sentiment in European markets.
    • Mixed performance in Asia-Pacific markets.
    • U.S. markets showing modest gains.

Key Events 📅

  • 🗣️ Federal Reserve: Chair Jerome Powell to testify this week.
  • 🗳️ Political: French parliamentary election results impacting market sentiment.

\"Our mission is to provide guidance, education, and superior client service to help you make smart investments in precious metals.\"– Larisa Sprott, President

Author
Account Strength
100%
Account Age
3 years
Verified Email
Yes
Verified Flair
No
Total Karma
33,151
Link Karma
25,165
Comment Karma
5,793
Profile updated: 4 days ago
Posts updated: 5 months ago
👑💲💰Meme Sugar Daddy 💰💲👑

Subreddit

Post Details

We try to extract some basic information from the post title. This is not always successful or accurate, please use your best judgement and compare these values to the post title and body for confirmation.
Posted
5 months ago