Closing Brief

Jul 14 · 4:30 PM EDT

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Markets showed modest gains led by technology, energy, and financials amid a sharp drop in volatility, while cybersecurity stocks rallied on strong performances from IBM and Nvidia. Major banks all delivered positive earnings surprises, supporting the upbeat tone, and the megacap portfolio continues to outperform the broader market this month.

Market Snapshot

IndexPriceChange
S&P 5007,543.59+0.38%
Dow Jones52,508.27+0.02%
Nasdaq26,107.01+0.90%
Russell 20002,964.76+0.39%
VIX16.50-3.85%
Sentiment:Fear (43)-1 from last week

Sector Performance

Leaders

Technology+1.29%
Energy+0.37%
Financials+0.20%

Laggards

Healthcare-1.93%
Cons. Staples-1.38%
Real Estate-0.49%

Cross-Asset Moves

10Y Yield

4.59%

-0.02

Gold

$4,059.30

+1.56%

Oil (WTI)

$79.88

+2.23%

Bitcoin

$64,405.74

+3.48%

USD Index

100.94

-0.33%

HYG

$79.68

+0.20%

Earnings Reported Today

SymbolEPSEst.Surprise
JPM(BMO)$6.14$5.74+6.91%
BAC(BMO)$1.21$1.13+7.17%
GS(BMO)$20.98$14.46+45.07%
WFC(BMO)$1.96$1.73+13.43%
C(BMO)$3.15$2.76+14.28%

Signal Performance

Megacap Portfolio (2026-07 month-to-date)View signals ›
+4.1% portfolio+0.7% SPY

Current Headlines

Today's Events

Economic Calendar

EventForecastPrevious
ADP Employment Change Weekly21.00K
CPI (MoM) (Jun)-0.1%0.5%
CPI (YoY) (Jun)3.8%4.2%
Core CPI (MoM) (Jun)0.2%0.2%
Core CPI (YoY) (Jun)2.8%2.9%

Earnings Today

SymbolEPS Est.Rev. Est.
JPM(BMO)$5.74$49.9B
BAC(BMO)$1.13$30.7B
GS(BMO)$14.46$16.4B
WFC(BMO)$1.73$22.0B
C(BMO)$2.76$24.0B

Attention turns to tomorrow’s CPI data and ongoing earnings reports, which will be key to assessing the sustainability of this cautious optimism.

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