AllMarket Update
logoArgusJuly 23, 2021

Market Update: DHI, EFX, FITB, INTC, ISRG, LUV, NEM, NUE, CLF, TWTR

Sector(s)
Financial Services, Basic Materials, Technology, Healthcare, Industrials, Consumer Cyclical
Summary

Stocks continued their rally on Friday morning amid strong earnings reports from American Express and Twitter. However, Intel shares fell more than 6%, despite solid second-quarter results, after the company projected declining gross margins over the remainder of the year. The Dow rose 0.5%, the S&P 0.8%, and the Nasdaq 0.8%. Crude oil traded near $72 per barrel, while gold fell $6 to $1799 per ounce.

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