📊 Market Snapshot — Thu 09 Jul
| Market | Key Levels | Day Change | Outlook |
| 🇺🇸 Wall Street | S&P 7,544, Nasdaq 26,207 | +0.79% | 🟢 Bullish |
| 🌏 Asia Pacific | Nikkei 67,744, HSI 24,011 | +0.04% | ⚪ Neutral |
| 🇪🇺 European Markets | DAX 18,118, FTSE 10,472 | +0.54% | 🟢 Bullish |
| 💵 US Dollar | vs majors avg -0.21% | -0.21% | 🟡 Cautiously Dollar Weakness |
| 🪙 Gold | $4,134.10/oz | -0.16% | 🟡 Cautiously Profit-Taking |
| 🛢️ Crude Oil | $71.75/bbl | -0.46% | 🟡 Cautiously Demand Concerns |
| ₿ Bitcoin | $63,216 | +1.58% | 🟢 Risk-On |
| 📈 US 10Y Treasury | 4.54% yield | -0.66% | 🔴 Yields Falling |
🇺🇸 Daily Market Recap — U.S. Markets
On Thursday, Wall Street experienced a positive session with US benchmark indices closing higher. The Nasdaq led the gains with a 1.30% increase, closing at 26,206.89, while the S&P 500 rose by 0.81% to 7,543.64. The Dow Jones Industrial Average also edged up by 0.27% to finish at 52,487.41. The broader market sentiment appeared optimistic despite a slight increase in market volatility, as indicated by the VIX rising 1.12% to 17.09. Notably, the Russell 2000 outperformed with a 1.22% gain, driven by strong performances in the technology and small-cap sectors.
Among individual stocks, LASR stood out with a remarkable 27.32% surge, contributing to the positive momentum in the tech-heavy Nasdaq. Conversely, IONS faced significant pressure, plummeting 23.9% amid the broader market rally. Economic data released during the day included the U.S. Initial Jobless Claims, which reported 215 points for the previous period, though this did not appear to significantly sway market movements. Additionally, the FOMC Meeting Minutes were released, but without any immediate impact on investor sentiment or market direction.
Looking ahead, market participants will likely focus on upcoming economic indicators and corporate earnings reports to gauge the health of the economy and potential market direction. The recent data from China, indicating a decrease in the Consumer Price Index and a rise in the Producer Price Index, may also influence global market dynamics in the coming sessions. Investors will be keenly watching for any developments that could impact risk appetite and market volatility.
🏆 Wall Street Movers
Top two gainers in the last trading session include nLIGHT, Inc. (LASR), surged 27.32% to while Fervo Energy Company (FRVO), surged 16.04% to .
Losers include Ionis Pharmaceuticals, Inc. (IONS), erasing 23.90% to and Polibeli Group Ltd (PLBL), erasing 14.06% to .
Elsewhere, most active counters were AAL, NVDA, OPEN.
🌏 Asia & Europe
Asian markets broadly showed mixed performance on Thursday, with the Nikkei 225 rising by 1.38% to close at 67,743.85, buoyed by positive investor sentiment. In contrast, the Hang Seng Index fell by 0.78% to 24,011.11. The Jakarta Composite Index managed a modest gain of 0.21%, ending the session at 5,885.697. The release of China’s Consumer Price Index (CPI) inflation rate, which came in at 1.2% year-over-year, did not appear to significantly impact the broader market movements during the Asia-Pacific session.
Major European exchanges experienced a generally positive trading day. The CAC 40 rose by 0.55% to 8,298.36, while the DAX increased by 0.58% to 25,042.62. The Euro Stoxx 50 also saw an uptick, gaining 0.86% to reach 6,258.0. Among notable movers, the SDAX advanced by 1.09% to 18,117.58, and the MDAX climbed by 0.84% to 31,781.97. The FTSE 100, however, slipped slightly by 0.16% to 10,472.45, diverging from the general upward trend observed across the continent. No specific economic events were reported to have influenced these movements in the European markets.
💵 Forex Markets
| Performance after Thu 09 Jul | |||||
| Symbol | Day | Week | Month | Last | Momentum |
| 🇪🇺 🇺🇸 EURUSD | +0.12% | -0.18% | -0.06% | 1.14280 | ▲ |
| 🇬🇧 🇺🇸 GBPUSD | +0.14% | +0.40% | +1.09% | 1.34050 | ▲ |
| 🇺🇸 🇯🇵 USDJPY | +0.30% | +0.75% | +0.02% | 162.58000 | ▲ |
| 🇺🇸 🇨🇦 USDCAD | -0.03% | -0.22% | -0.20% | 1.41670 | ▼ |
| 🇦🇺 🇺🇸 AUDUSD | +0.17% | -0.17% | +0.13% | 0.69400 | ▲ |
| 🇳🇿 🇺🇸 NZDUSD | +0.39% | -0.16% | +0.41% | 0.56990 | ▲ |
| 🇺🇸 🇨🇭 USDCHF | +0.04% | +0.42% | -0.17% | 0.80800 | ▲ |
🌐 Other Markets
🪙 Gold is down by 0.16% (6.70 USD an ounce) to 4,134.10 USD an ounce as on Thu. Previous day close was 4,140.80.
🪨 Silver is down by 0.61% (0.37 USD an ounce) to 60.38 USD an ounce as on Thu. Previous day close was 60.75.
🛢️ Crude Oil is down by 0.46% (0.33 USD per barrel) to 71.75 USD per barrel as on Thu. Previous day close was 72.08.
₿ Bitcoin is up by 1.58% (983.05 USD) to 63,216.42 USD as on Thu. Previous day close was 62,233.37.