US equity markets opened the new week on a positive footing- Dow gained +211-points or +0.53% to record closing high of 40,211.72  - the first record close for the 30-stock index since 17 May and 20th this year. American Express Co (up +2.25%), Caterpillar Inc (+3.03%) and JPMorgan Chase & Co (+2.49%) all climbed over >2%.
The broader S&P500 added +0.28% to 5,631.22, touching a fresh record intra-day peak (5,666.94). Energy (up +1.56%) and Financials (+1.42%) lead six of the eleven primary sectors higher. Utilities (down -2.39%) sat at the foot of the primary sector leaderboard overnight.

US equity markets advanced on Friday (12 July), rebounding from the previous session’s sell-off albeit finished off their best levels of the session that saw all three benchmark indices more than >1% higher - Dow rallied +247-points or +0.62% to 40,000.90, touching a fresh record all time intra-day high of 40,257.24. International Business Machines (IBM) Corp (up +2.53%) and Intel Corp (+2.96%) both rose over >2.5% to be the leading performers in the stock index.

The S&P 500 and Nasdaq snapped a seven-session winning streak and logged their worst single session declines since 30 April as investors digested the latest inflation figures that triggered a rotation out of large capitalisation technology stocks - Dow edged +32-points or +0.08% higher, with Home Depot (up +2.79%) the leading performer n the 30-stock index. However, Intel Corp slumped -3.93%, while Amazon.com Inc (down -2.37%) and Apple Inc (-2.32%) and Microsoft Corp (-2.48%) all fell over >2%.

The S&P 500 and Nasdaq extended their respective rallies into a seventh consecutive session, boosted by the continued strong performance of technology stocks and recording a fresh round of record peaks that lifted the S&P 500 above >5,600 for the first time - Dow rose +429-points or +1.09% to 39,721.36, marking the 30-stock index’s best single session advance since 31 May.

The S&P 500 and Nasdaq edged higher to fresh record closing peaks, extending gains that have been fuelled by the strong performance of technology stocks and hopes the Federal Reserve will cut interest rates soon - Dow eased -53-points or -0.13%, with Dow Inc (down -2.31%), Microsoft Corp (-1.44%) and Salesforce Inc (-1.77%) among the key index drags.  Intel Corp (up +1.77%) booked a five-session winning streak, while Goldman Sachs Group Inc (+1.72%) also rose over >1.5%. Apple Inc added +0.38% to a fresh record closing high of US$228.68 that lifted the company’s market capitalisation above >US$3.5 trillion. Amazon.com Inc inched +0.03% higher, with founder and executive chair Jeff Bezos selling s further US$863.5M in stock. A filing after the market close last Tuesday (3 July) disclosed the proposed sale of 25M shares (or almost US$5B), which would still leave Mr Bezos owning an ~8.8% stake.

US equity markets opened the week with modest gains, lifting the S&P 500 and Nasdaq to fresh record closing highs - Dow slipped -31-points or -0.08%. Nike Inc (down -3.16%) was the worst performer in the 30-stock index, while Salesforce Inc (-2.21%) and Visa Inc (-1.46%) were also notable underperformers. Intel Corp soared +6.15% to be the leading Dow component overnight. Boeing Co rose +0.55% despite news the aircraft manufacturer had agreed to plead guilty to a charge of defrauding the federal government over the 2018 and 2019 crashes of a pair of 737 Max planes that killed more than 300 people. The company will pay another US$243.6M in fines, and be required to spend ~US$455M on its safety and compliance programs over the next three years while facing a three-year probationary period where it will be monitored by a government-appointed compliance monitor.

US equity markets rallied on Friday (5 July), lifting both the S&P 500 and Nasdaq to fresh record closing highs as the latest jobs data pointing to a cooling but not collapsing economy, and with the second quarter earnings season kicking off later in the week - Dow added +68-points or +0.17%, with both Apple Inc (up +2.16% to US$226.34) and Microsoft Corp (+1.47% to US$467.56) climbing to fresh record highs. Intel Corp (up +2.53%) and Walmart Inc (+2.64%) both rallied over >2.5%.

Earnings for S&P 500 companies are forecast to grow 8.8% year-on-year in the second quarter according to FactSet, which would mark the highest year-over-year earnings growth rate reported by the index since the first quarter of 2022 (when earnings grew 9.4%).

US equity markets advanced as Treasury yields retreated, lifting the S&P 500 and Nasdaq to back-to-back record closing highs in an abbreviated trading session ahead of the Independence Day holiday - Dow slipped -24-points or -0.06%, with healthcare stocks trailing the broader market. UnitedHealth Group Inc fell -1.68%, while Merck & Co Inc lost -1.46% and Amgen Inc -0.45%. Salesforce Inc (up +1.86%) was the leading performer in the 30-stock index.

US equity markets rallied, with the S&P 500 and Nasdaq closing above the 5,500 and 18,000 milestones respectively for the first time ever - Dow rose +162-points or +0.41%.
The broader S&P500 gained +0.62% to 5,509.01, logging its 32nd record close of 2024. Consumer Discretionary (up +1.81%) and Financials (+1.10%) rose over >1% and led ten of the eleven primary sectors higher. However, Health Care (down -0.40%) extended losses into a sixth straight session, the sector’s longest losing streak since January 2022. Tesla Inc jumped +10.20% to US$231.26 to be the best performer in the S&P 500 for second session running and log it highest close since 10 January after the electric-vehicle giant stronger-than-expected second quarter deliveries.