Daily Stock Market Update

Daily Stock Market Update

Share this post

Daily Stock Market Update
Daily Stock Market Update
Stock Market Update Thursday July 18, 2024

Stock Market Update Thursday July 18, 2024

Tom's avatar
Tom
Jul 18, 2024
∙ Paid
8

Share this post

Daily Stock Market Update
Daily Stock Market Update
Stock Market Update Thursday July 18, 2024
2
Share

Stock Market Update Thursday July 18, 2024 Equity markets experienced broad-based declines, with the S&P 500, Nasdaq 100, and Russell 2000 indices recording losses, although a late-session recovery mitigated the overall negative performance. 

Away From Stocks: Treasury yields increased across all maturities, with the two-year note reaching 4.46% and the long bond settling at 4.41%. WTI crude oil prices dipped below $81 per barrel, while gold prices retreated to $2,445 per ounce and bitcoin experienced a decline to $63,600. Market volatility spiked, with the VIX index approaching 16, its highest level since April. The Federal Reserve's balance sheet contracted further, with interest-bearing assets now totaling $7.176 trillion, a decrease of $45 billion compared to the previous month and 19.6% below the March 2022 peak.

Daily Stock Market Update is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.

Keep reading with a 7-day free trial

Subscribe to Daily Stock Market Update to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 AlgoTradeAlert.com
Publisher Terms
Substack
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share