Stock market today: Live updates

Category: Finance

The Dow Jones Industrial Average reached a new high, driven by gains in Home Depot and Caterpillar. Small-cap stocks saw a significant rise, with the Russell 2000 index jumping 6% for the week. Joby Aviation and Archer Aviation experienced double-digit gains. Berkshire Hathaway and Bank of New York Mellon hit all-time highs. Wells Fargo reported a decline in net interest income. Helen of Troy faced its worst week in 15 years. Lucid Group and Enphase Energy saw stock surges. Market analysts discuss potential market corrections and rotations. Piper Sandler raises concerns about small-cap investments. UBS notes historical trends favoring small-cap stock performance. SPDR S&P Homebuilders ETF had its best week since 2022. JPMorgan Chase and Citigroup reported strong second-quarter results. Market futures remained steady overnight.

Keywords: Dow Jones Industrial Average, Small-cap stocks, Stock market performance, Market analysis, Investment banking, Interest rates, Economic indicators, Market corrections, Financial institutions, Stock market futures

Source: CNBC

Update At: 7/15/2024

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