Stock Market Daily Report: July 15, 2024

Overview

The stock market is expected to open on a positive note today, with the S&P 500 and Nasdaq poised to set new record highs. The Dow Jones Industrial Average, however, is likely to remain below the 40,000 mark. Investors are keeping a close watch on corporate earnings reports, economic data, and geopolitical developments that could influence market sentiment.

Top Stock Market News

1. Stock Market Today: Dow, S&P Live Updates for July 15 - Bloomberg

The dollar climbed, and Treasury futures fell as traders ratcheted up wagers that Donald Trump would win the US presidential election after an assassination attempt. The greenback strengthened, reflecting the market's perception of a Trump presidency's potential impact on economic policies and trade relations.

2. Stock Market Today: Dow Soars 400 Points to All-Time High - Markets Insider

Stocks jumped to end the week, with the Dow Jones Industrial Average rallying more than 200 points to close above 40,000 for the first time since mid-May. Investors cheered the broadening of a Covid-19 vaccine rollout and better-than-expected corporate earnings reports, which fueled optimism about the economic recovery.

3. Stock market news live updates: Stocks close higher after upbeat retail ...

U.S. stocks rallied Friday to cap a four-day losing streak on Wall Street. Sentiment was buoyed by better-than-expected retail sales data and a surprise earnings beat from Citigroup (C). The upbeat economic indicators and solid corporate performance reinforced confidence in the ongoing economic recovery.

4. DJIA | Dow Jones Industrial Average Overview | MarketWatch

The Dow Jones Industrial Average, a widely followed stock market index, has seen mixed performance in recent trading sessions. Investors are closely monitoring economic data, corporate earnings, and geopolitical developments for potential market-moving events.

5. Stock Market News, July 10, 2024: S&P 500 Cruises to New Record After ...

Stock indexes advanced, with the Nasdaq, S&P 500, and Dow industrials all adding at least 1%. The S&P notched its sixth straight record close, the longest such streak since 2021, reflecting the market's optimism about the economic recovery and corporate earnings growth.

Top Stocks to Watch

1. Best Income Stocks to Buy for July 15th | Nasdaq

Atlantica Sustainable Infrastructure plc (AY), a renewable energy company, has a strong income characteristic and a buy rank, making it an attractive option for income-seeking investors.

2. Stocks to watch, July 15: HCLTech, DMart, RVNL, IREDA, Zomato, Lupin

Several Indian stocks, including HCLTech, DMart, RVNL, IREDA, Zomato, and Lupin, are expected to be in focus today due to various corporate developments and earnings reports.

3. New Strong Sell Stocks for July 15th - Yahoo Finance

AMC Networks Inc. (AMCX), an entertainment company, has been added to the Zacks Rank #5 (Strong Sell) List, indicating potential weakness in the stock's performance.

4. Stock Screener: Nvidia Leads List Of Stocks To Watch | Investor's Business Daily

Broadcom and Nvidia are among the best stocks to watch in the top-ranked industries, according to a stock screener. These companies meet specific criteria, making them potential investment opportunities.

5. Most Active Stocks Today - Yahoo Finance

Investors should keep an eye on the most active stocks today, which can provide insights into market sentiment and trading dynamics.

Stock Market Expected Movement

Based on the current market dynamics, analysts expect the stock market to open on a positive note today, with the S&P 500 and Nasdaq poised to set new record highs. However, the Dow Jones Industrial Average is likely to remain below the 40,000 mark.

The market's optimism is fueled by better-than-expected corporate earnings reports and upbeat economic data, which reinforce confidence in the ongoing economic recovery. However, investors remain vigilant about potential risks, such as geopolitical tensions and the impact of the upcoming US presidential election on economic policies and trade relations.

Overall, the stock market is expected to exhibit a cautiously optimistic tone, with investors closely monitoring corporate earnings, economic data, and geopolitical developments for potential market-moving events.