Daily Market Report | 07/19/2023
Pence Wealth2023-07-20T11:08:07-07:00Daily Market Report | 07/19/2023 US FINANCIAL MARKET US Stock Rally Plows Forward Amid Peak-Rate Bets: Markets Wrap - Bloomberg, 7/19/2023 US stocks and bonds followed those in Europe higher as investors cheered cooling inflation in the UK and were able to look past an earnings miss at Goldman Sachs. Second quarter profit at the Wall Street investment bank tumbled on real estate hits and a dealmaking slump, though US bank shares were largely spared from losses after solid bank earnings earlier in the week. The S&P 500 rose 0.4% and Treasuries across the [...]