The Closing Bell 🔔

Kelly Chen
Jul 27, 2017 · 1 min read

And the earning reports keep on comin’. Dow is up 86 points. Nasdaq is down 0.63%.

Nasdaq closed in the red despite this morning’s power surge, which has analysts wondering: Have we reached the top? 💵 The dollar rebounded following yesterday’s Fed decision to keep interest rates low. 😱 Wall Street’s fear index fell to a record low. 🛢 Oil surged over $49 a barrel.

☹️ So much for Jeff Bezos being the richest man in the world: Amazon shares fell 4% after missing quarterly earnings. ⬇️ Twitter shares tumbled nearly 14% after struggling to add new users. ✈️ Airlines stumbled after reporting disappointing earnings. 📰 Shares of The New York Times hit their highest level in nearly a decade thanks to subscriber growth and digital ad revenue. 📲 Verizon spiked 8%. 🍾 Facebook and Amazon are now worth $500 billion each. They join Apple, Alphabet and Microsoft as the richest tech companies in the world.

Other market items:

Kelly Chen
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