Midday Brief

Aug 04 · 12:00 PM EDT

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Markets are rallying broadly with technology, materials, and industrials leading amid upbeat earnings from Caterpillar, Merck, and Pfizer, while real estate, energy, and utilities lag. Despite the equity gains, volatility is rising alongside a drop in yields and the dollar, reflecting mixed investor sentiment amid geopolitical tensions and bullish views on SpaceX.

Market Snapshot

IndexPriceChange
S&P 5007,708.60+1.42%
Dow Jones54,050.00+1.64%
Nasdaq26,433.18+2.00%
Russell 20003,024.85+1.44%
VIX16.16+1.89%
Sentiment:Greed (58)+20 from last week

Sector Performance

Leaders

Technology+4.38%
Materials+1.36%
Industrials+1.11%

Laggards

Utilities-0.92%
Energy-0.83%
Real Estate-0.30%

Cross-Asset Moves

10Y Yield

4.63%

-0.06

Gold

$4,139.90

+2.63%

Oil (WTI)

$75.79

-5.66%

Bitcoin

$64,064.71

+0.95%

USD Index

99.91

-0.05%

HYG

$79.55

+0.30%

BMO Earnings Today

SymbolEPSEst.Surprise
CAT(BMO)$8.17$6.26+30.52%
MRK(BMO)$-0.13$-0.27+52.43%
MCD(BMO)$3.38$3.35+0.78%
PFE(BMO)$0.77$0.69+11.37%
DUK(BMO)$1.43$1.32+8.50%

Current Headlines

Watch for afternoon earnings from AMD, Arista Networks, and Amgen to gauge if the tech and health sectors can sustain the morning's momentum.

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