Broader market gains with positive corporate news, mixed stock indexes hit all-time high.

From Nasdaq: 2024-07-16 13:02:46

Stock indexes are mixed, with the Dow hitting an all-time high. Bank of America, Match Group, and UnitedHealth Group stocks are up. US retail sales rose in June, but fewer new accounts for Charles Schwab and weakness in chip stocks have impacted the market. Interest rates are steady, while European bond yields are lower. Chip stocks are down, leading to a decline in the Nasdaq 100. Positive earnings reports from Bank of America and Morgan Stanley are boosting those stocks. Charles Schwab and Reddit stocks are down, with Zscaler and Palantir also seeing losses. Earnings reports from companies like Bank of America and UnitedHealth Group are due on July 16.



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