Evening Market Recap - Wednesday, 31-Jul
FactSet Evening Market Recap - Podcast tekijän mukaan Factset
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US equities were higher in Wednesday trading, though ended a bit off best levels, with the Dow Jones, S&P500, and Nasdaq closing up 24bps, 158bps, and 264bps respectively. Tech bounce was the big story for the better part of today. The Fed held the benchmark rate, and Fed Chair Powell said in press conference that a September rate cut could be on the table. July ADP private payrolls missed, and Q2 ECI came in cooler versus expectations. Post-Bank of Japan yen strength the big story in FX.
