Live Markets: S&P 500 and Nasdaq end a bit higher as Tesla rallies

US Automotive Manufacturing

29/07/2024 21:13

* 
      S&P 500 and Nasdaq edge green at close; Dow slips
    

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      Cons Disc leads S&P 500 sector gainers; Energy weakest
group
    

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      Dollar up slightly; gold slips; bitcoin, crude both off
>1%
    

        * 
      U.S. 10-Year Treasury yield dips to ~4.17%
    

  
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    S&P 500 AND NASDAQ END A BIT HIGHER AS TESLA RALLIES
    The S&P 500  .SPX  ended marginally higher on Monday, lifted
by a rally Tesla and gains in other tech-related stocks as
investors looked to upcoming quarterly reports.
    Tesla  TSLA.O  jumped 5.6% after Morgan Stanley replaced
Ford Motor  F.N  as its "top pick" in the U.S. automotive
industry. Ford dipped 1.6%.
    Microsoft  MSFT.O  gained 0.3% ahead of its report after the
bell on Tuesday. Amazon  AMZN.O  and Apple  AAPL.O  each rose
under 1% ahead of their reports on Thursday.
    Also on investors' radar, the Fed ends its scheduled meeting
on Wednesday and is widely expected to signal a September rate
cut.
    Of the 11 S&P 500 sector indexes, seven rose, led by
consumer discretionary  .SPLRCD , up 1.4%, followed by a 0.9%
gain in communication services  .SPLRCL .
    Here is the final snapshot:
    

    (Noel Randewich)
     *****
       
     
    FOR MONDAY'S EARLIER LIVE MARKETS POSTS:
    
    STEADY! GLOBAL INTEREST RATE CUTS DON'T COME THAT EASY -
CLICK HERE
    
    WILL A SOFT LANDING SPARK A PARTY LIKE IT'S 1995? - CLICK
HERE
    
    HARRIS NARROWS GAP AGAINST TRUMP IN PREDICTIT BETTING MARKET
- CLICK HERE
    
    BANK OF AMERICA SECURITIES MAINTAINS 5,400 YEAR-END S&P 500
TARGET - CLICK HERE
    
    RUSSELL 2000 GAINS NOT LIKELY SUSTAINABLE - WFII - CLICK
HERE
    
    U.S. STOCKS MIXED AS INVESTORS MULL EVENT RISKS - CLICK HERE
    
    BENCHMARK TREASURY YIELD: MAKE-OR-BREAK WEEK? - CLICK HERE
    
    UK STOCKS: A QUESTION OF YIELD AND STABILITY - CLICK HERE
    
    WEAKNESS IN CHINA HITTING MORE THAN JUST LUXURY - CLICK HERE
    
    THE 5Y5Y INFLATION SWAP INDICATOR? IT’S OUT OF ORDER - CLICK
HERE
    
    STEADY START FOR EUROPE - CLICK HERE
    
    EUROPEAN FUTURES HIGHER AS BUSY WEEK GETS UNDERWAY - CLICK
HERE
    
    ASIA REBOUNDS ON DOVISH RATE HOPES - CLICK HERE


    
    

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Closing snapshot    https://tmsnrt.rs/3yguHeC
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