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Writer's pictureSalyl Bhagwat

On the SPOT™ blog (07/21/2023) [F..]

This morning (PST), all three major US indices are in the green. It might be a volatile session because of options expiry and a Nasdaq100 rebalancing event that takes effect on Monday. Besides, next week is loaded with FOMC meeting and some of the big tech quarterly results so investors might be in a watchful mode. Some of the stocks such as CSX and American Express that have the potential clues about the broader economy seemed to have reported soft results. Remains to be seen how the markets close today.

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