Stock Market News and Trends part 2 ||notcrypto

Stock Market News and Trends part 2 ||notcrypto

Published on 13 July 2023

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Transcript
00:00
Hi, I'm your big brother and this is a quick update on the stock market news and trends for July today.The Dow Jones Industrial Average is up 100 points today, while the S&P 500 is up 150 points and the Nasdaq Composite is up 200 points.
00:18
The gains are being driven by a positive earnings season so far.
00:22
Several big tech companies, including Apple, Microsoft, and Amazon, have reported strong earnings this week.
00:30
This has helped to boost investor confidence in the stock market.
00:34
However, there are some concerns about the potential for a recession.
00:39
The Federal Reserve is expected to raise interest rates several more times this year in an effort to combat inflation.
00:47
This could slow down economic growth and lead to a recession.For more information on stock market news and trends, please visit to my YouTube channel.