Stock Market Update Tuesday July 2, 2024

Stock Market Update Tuesday July 2, 2024 Stocks staged a robust intraday rally following dovish remarks from Federal Reserve Chair Jerome Powell, with the S&P 500 closing up by 0.67%, breaking out of its tight trading range to surpass the 5,500 threshold for the first time.

Away From Stocks: U.S. Treasurys saw a moderate uptick, with the yield on the 30-year bond falling four basis points to 4.6%. Meanwhile, WTI crude oil edged up to $83 per barrel, and gold remained relatively unchanged at $2,329 per ounce. Bitcoin retraced below the $62,000 mark, while the VIX held steady at 12.

As of today, July 2nd, 2024, at 4:47 PM CDT, Apple stock (AAPL) has reached an all-time high of $220.27

In Observance of the 4th of July Holiday The New York Stock Exchange and Nasdaq will close at 1 p.m. on July 3 and bond markets will close at 2 p.m. that day. Trading will resume as normal for all markets on July 5th.

💻Get Started https://www.algotradealert.com/get-started Free Trial 🔐Premium Membership➕📉Stock Market Update Daily News Letter+ 📈➕AlgoTradeAlert Momentum Indicator➕Futures SPY ETF ES NQ Live Day Trading➕Discord