Marcus Today Pre-Market Podcast – Monday 31st July
The Dow Jones gained 177 points (+0.5%), ending the week on a win. At its best, the Dow was up by 283 points, while at its worst, it was up 72 points. The S&P 500 also saw an increase of 0.99%, while the NASDAQ rose 1.9% as US reporting season continued.
The USD Index slipped on price data showing moderation in annual US inflation. VIX was down 7.7%, and Gold bounced up 0.72%.
Roku surged 31.41%, beating market revenue expectations, Procter & Gamble rose 2.93% on upbeat results and outlook. Conversely, Exxon fell 1.2% on mixed results, and Ford fell 3.53% after pushing back its EV production goal to next year despite strong quarterly results.
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