Stock Market Update Monday July 29, 2024

Stock Market Update Monday July 29, 2024 Stocks fluttered through a flat showing on the S&P 500, though small-caps gave back some recent gains with the Russell 2,000 slipping 1% and change.

Away From Stocks: Treasurys saw some strength in the long end with 30-year yields dropping three basis points to 4.42% as the two-year remained at 4.36% to consolidate recent gains. WTI crude remained under pressure, falling below $76 a barrel, gold slipped to $2,384 per ounce, bitcoin ticked to $67,200 and the VIX remained north of 16.