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ICYMI, Weekly Stock Market Recap. July 23-27

JT001

28-Jul-2018 17:28 PM

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   In case you missed this week stock movers news and economy data. This past week recap.

Monday the US stock market waiting for many corporate earnings report in days ahead. Dow Jones close -13.35%, SPY +0.20%, QQQ +0.32%, IWM +0.12% and IBB -0.06%.

  • Tesla Inc (TSLA) asking suppliers for cash back to turn a profit, WSJ reports
  • Amazon.com (AMZN) Trump tweet the antitrust claims against the company
  • Reata Pharmaceuticals (RETA) Phase 2 studies of bardoxolone positive result

Tuesday market bounce back from earnings

Wednesday the US stock market rallies toward the end of the day with concessions from EU to avoid a trade war. Dow Jones +172.16 points, SPY +0.90%, IBB +1.11%, QQQ +1.40%

Thursday big corporate earnings report after hours, Dow Jones closed up +112.97 points,  SPY -0.24%, QQQ -1.52%, IBB -1.24%

Friday U.S.  growth (QoQ) hits 4.1% fastest in four years.

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