The Closing Bell 🔔
Published in
1 min readAug 2, 2017
🔥 Dow closes above 22,000, notching a sixth straight record. S&P 500, Nasdaq end flat.
👍 Better than expected Apple earnings spiked the Dow into a new milestone. But Nasdaq and S&P500 gains dipped back throughout the day, sending warning signals of a looming bearish market. 📲Shares for Apple were up 5%. 🛍 Macy’s shares were down almost 4%. 💵 The U.S. dollar continued to limp. 🎥 Too much Netflix and chillin’? Despite big summer blockbusters, stocks for AMC theaters have plunged to an all-time low.
Tesla will release earnings after the bell.
Other market items:
- Trump cheers as Dow hits 22,000 (CNNMoney)
- U.S. weighs more Venezuela sanctions (Bloomberg)
- Wells Fargo hit with subpoenas over auto insurance scandal (CNNMoney)