#sp500topsrecord7800 ๐๐
STOCKS โ TOP 5 SHIFTS (24H)
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RUSSELL 2000 NOTCHES FRESH RECORD to cap the week โ the small-cap index closing at an all-time high is a genuine breadth signal, not just mega-cap tech carrying the market. The S&P 500 had closed at a record Thu
rsday, clearing 7,800 for the first time.
#RDDT (Reddit)
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+15.3% โ surged after S&P Dow Jones Indices announced it joins the S&P 500 before the Aug 18 open
#nuls (Nu Holdings)
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+11% โ record Q2, quarterly net income above $1 billion for the first time
#LITE (Lumentum)
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+6.1% โ strong Q4 earnings from the optical/photonic products maker
(Globant)
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-5.8% โ disappointing Q2 from the IT and software development company
(Broadcom)
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-5.3% โ pulled back from recent gains
(Workday)
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-4.5% โ slipped after surging nearly 18% the previous session
Backdrop: softer-than-expected inflation data eased concerns about another Fed rate hike. The S&P has now gained about a quarter from its lows at the end of Q1.
$SPX $ALPINE $T