Key Highlights of the Stock Market Movement and Dow Jones Performance This Week
Friday, 12 July 2024, 20:16
Stock Market Update: Key Highlights
This week, the stock market saw significant gains, marked by the Dow Jones surpassing the 40,000 milestone.
Market Rebound:
Investor sentiment drove the market rebound following a recent tech sell-off.
Inflation Data:
The release of inflation data further supported expectations of rate hikes in September.
Bank Earnings:
Major Wall Street banks reported strong second-quarter earnings, contributing to market optimism.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.