Dow Jones Industrial Average (^DJI)
| Previous close | 40,000.90 |
| Open | 40,138.40 |
| Volume |
| Day's range | 40,136.10 - 40,351.10 |
| 52-week range | 32,327.20 - 40,351.10 |
| Avg. volume | 355,006,833 |
Yahoo FinanceThe true bull market may finally 'wake up' as investors eye rate cuts
Investors have been rotating to stocks outside of Big Tech in what could be the start of a new leg of the bull market.
- Yahoo Finance Video
No alarm bells for the state of the consumer: BofA Institute
Credit card and debit card spending per household dropped in the month of June, according to data from the Bank of America Institute. Is this a signal of things to come for the consumer or is there more to the data? Bank of America Institute head Liz Everett Krisberg joins Asking For A trend to give insight into the softening on card spend for the month of June. Krisberg claims there are "no alarm bells" for the consumer, commenting that consumers are shifting where their priorities lie: "If we dig into the composition of that spending and look at services versus retail spending, one thing that is relatively consistent is we continue to see services outpacing the weakness in retail spending. But dig in a little bit further. What's driving retail spending? One of the big decliners there? Gas. Well, why is gas spending down? Because the prices at the pump are down." She follows up by commenting on where consumers are spending: "It's food, and it's general merchandise. What are they not spending on? Furniture's down, technology's down, clothing's down." Watch the video above to hear what Everett Krisberg says credit card spending is showing about the economic impact of Taylor Swift. For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. This post was written by Nicholas Jacobino
- Yahoo Finance Video
Dow surges to all-time high, stocks close in the green
The Dow Jones Industrial Average (^DJI) leads the way for market gains this session, closing by 0.53% higher — or 210 points — to reach a new all-time high. The S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) end the day in the green, just off of their record closes. The S&P 500 hit an all-time high intraday. Julie Hyman recaps the day's market gains and the performance of Trump Media & Technology Group (DJT) on Monday — the stock soaring by over 30% following this past weekend's assassination attempt on former President Trump's life — while Jared Blikre eyes the Russell 2000 (^RUT) and the session's sector leaders. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.
