Financial Review
Fizzy
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:13:15
- More information
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Synopsis
…Stocks move higher. Earnings season starts with fizz. Goodbye Doughboy. Quits up. Global debt soars. BMW and Tesla to China. Trump to Brussels and UK and Helsinki – what could go wrong? #SavethePolishDog. Try to avoid a 15.4(c) breach. Financial Review by Sinclair Noe for 07-10-2018 DOW + 143 = 24,919 SPX + 9 = 2793 NAS + 3 = 7759 RUT – 8 = 1695 10 Y + .01 = 2.87% OIL + .19 = 74.04 GOLD – 2.20 = 1256.00 Stocks moved higher but it wasn’t a fulsome rally. You could make the argument that you only need to track a handful of stocks. Amazon, Netflix and Microsoft together this year are responsible for 71 percent of S&P 500 returns and for 78 percent of Nasdaq 100 returns. Apple also makes up a large portion of both indexes, contributing 12 percent of both S&P 500 and Nasdaq 100 returns, while Alphabet and Facebook contributed 8 percent to each. PepsiCo’s shares jumped about 4 percent, for their biggest one-day gain in nearly seven years after the company’s quarterly results topped estimates on strong sales