Midday Brief

Jul 30 · 12:00 PM EDT

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The market is showing strength midday with rallies led by Technology, Consumer Discretionary, and Industrials, supported by upbeat earnings from BMY and SO and Ferrari's raised guidance. Despite the rally and lower volatility, Treasury sell-offs continue following the Fed's decision to hold rates steady, highlighting some underlying tension.

Market Snapshot

IndexPriceChange
S&P 5007,395.29+1.08%
Dow Jones51,927.31+0.65%
Nasdaq24,988.47+2.23%
Russell 20002,922.09+0.54%
VIX18.66-9.68%
Sentiment:Fear (38)-1 from last week

Sector Performance

Leaders

Technology+4.70%
Cons. Disc.+0.47%
Industrials-0.05%

Laggards

Comm. Svc.-3.27%
Cons. Staples-2.22%
Healthcare-1.87%

Cross-Asset Moves

10Y Yield

4.66%

+0.04

Gold

$4,165.10

+3.23%

Oil (WTI)

$83.87

-0.70%

Bitcoin

$64,658.41

+1.17%

USD Index

99.99

-0.80%

HYG

$79.47

+0.30%

BMO Earnings Today

SymbolEPSEst.Surprise
MA(BMO)$5.04$4.91+2.68%
BMY(BMO)$2.04$1.60+27.37%
MO(BMO)$1.48$1.54-4.02%
SO(BMO)$1.13$1.03+9.58%
TT(BMO)$4.31$4.39-1.87%

Current Headlines

Watch for earnings from AAPL, AMZN, and MA this afternoon, which could influence the tech and financial sectors' momentum.

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