Stocks climb in intraday trading, Amazon stock pops on earnings
Yahoo Finance's Ines Ferré provides an overview of how stocks are trading as companies report earnings.
Video Transcript
JULIE HYMAN: But first, we have to get to what's going on in the markets. And for that, our own Ines Ferre is here. So what are we seeing right now?
INES FERRE: Well, we are at the highs of the session right now. So we're looking at the Dow that's up 116 points, the NASDAQ is up 1.2%, and the S&P 500 is up 0.9%. But really, what we want to take a look at is the month-to-date, because that's where we see sort of the gains that we've seen for the month. The S&P 500 gaining 7.5% over the month of July. Remember, today is the last day of trading of July. The NASDAQ up 10% for the month of July and the Dow up about 5%.
Taking a look under the hood at the sectors. Today, we're watching consumer discretionary stocks, energy stocks that are leading consumer discretionary, a lot of that being Amazon and energy. Of course, the energy big oil companies that have reported. Taking a look also at a one-month chart, you can see the big gains over on consumer discretionary, the big gains for technology stocks as well.
Over on the NASDAQ 100, I'm pulling up the intraday right now. Some of the heavy lifting is being done by Apple, up more than 3%, and Amazon, up more than 12%. If we take a look at a one month chart, you can see Amazon 25% higher over the last month, Apple up 16%, Tesla gaining 25% over the last month. I want to just pull up the intraday again to show you what's happening on the Dow because we are seeing the Dow positive, and a lot of that, of course, has to do with Apple and with Chevron. But you've got P&G that you guys have been talking about down 5%, and Intel, after that profit warning, down 10%.
Finally, just want to mention what's happening with crypto, because we're watching Bitcoin up more than 3.5%. If we pull up a month-to-date chart for Bitcoin, you can see it's up more than 9.5% over the last month. A lot of that action happening over the last five days, up 6% over these last five days. Remember, after that Fed decision came out, we saw Bitcoin go higher, guys.
BRIAN SOZZI: Oh, we remember. And Ines Ferre, thanks so much.
