STOCK MARKET WATCH -- Friday, 8 July 2022

[Tansy_Gold]

STOCK MARKET WATCH, Friday, 8 July 2022

Previous SMW:
SMW for 7 July 2022




AT THE CLOSING BELL ON 7 July 2022



Dow Jones 31,384.55 +346.87 (1.12%)
S&P 500 3,902.62 +57.54 (1.50%)
Nasdaq 11,621.35 +259.49 (2.28%)

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Market Conditions During Trading Hours:

Google Finance
MarketWatch
Bloomberg
Stocktwits

(click on links for latest updates)

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Currencies:













Gold & Silver:






Petroleum:

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DU Economics Group Contributor Megathreads:

Progree's Economic Statistics (with links!)
mahatmakanejeeves' Rail Safety Megathread
mahatmakanejeeves' Oil Train Safety Megathread

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This thread contains opinions and observations. Individuals may post their experiences, inferences and opinions on this thread. However, it should not be construed as advice. It is unethical (and probably illegal) for financial recommendations to be given here.

[progree]

1. GDPNow Model expects annualized MINUS 2.1% GDP growth in Q2.

https://finance.yahoo.com/news/stock-market-news-live-updates-july-7-2022-113453990.html

The Atlanta Federal Reserve’s GDPNow model now estimates real GDP growth in the second quarter of 2022 at -2.1%, which would meet the unofficial threshold for a recession when matched with the 1.6% decline in Q1. The official read on second quarter GDP is due July 28.

July 28 is the first estimate of Q2 GDP. There's another estimate in late August, and a final estimate in late September.
The numbers above are annualized.

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Oil is back up above $100/barrel (WTI),
10Y Treasury Yield back at 3.00%
https://finance.yahoo.com/