Midday Brief

Jul 24 · 12:00 PM EDT

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Markets are modestly higher with real estate, materials, and consumer staples leading while energy, utilities, and technology lag. SLB's earnings beat supports energy sector resilience despite oil prices declining and a sharp drop in volatility reflecting easing fear.

Market Snapshot

IndexPriceChange
S&P 5007,453.65+0.61%
Dow Jones52,071.09+0.70%
Nasdaq25,177.59+0.16%
Russell 20002,954.08+0.47%
VIX17.57-6.04%
Sentiment:Fear (40)+3 from last week

Sector Performance

Leaders

Real Estate+2.53%
Materials+1.15%
Cons. Staples+1.03%

Laggards

Technology-0.04%
Utilities+0.60%
Energy+0.63%

Cross-Asset Moves

10Y Yield

4.66%

-0.05

Gold

$4,076.20

+0.73%

Oil (WTI)

$88.60

-3.89%

Bitcoin

$63,925.97

-1.72%

USD Index

101.34

-0.08%

HYG

$79.25

+0.03%

BMO Earnings Today

SymbolEPSEst.Surprise
AXP(BMO)$4.53$4.45+1.75%
NEE(BMO)$1.15$1.10+4.07%
VZ(BMO)$1.30$1.30-0.28%
SLB(BMO)$0.55$0.51+6.88%
CHTR(BMO)$10.66$10.37+2.78%

Current Headlines

Focus turns to this afternoon's earnings from XOM and the impact of ongoing geopolitical tensions on energy prices and market sentiment.

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