Today At A Glance:

Markets rallied across the board, with the S&P 500 and Nasdaq closing at fresh record highs and the Dow advancing strongly on robust retail-sales data and upbeat earnings. June retail sales surged +0.6%, underscoring sustained consumer confidence and fueling investor optimism. Chip stocks led the charge after TSMC reported record profits, lifting sector sentiment. United Airlines gained momentum following strong early July bookings, providing a bright spot in the travel sector. Broader global markets also climbed, with MSCI’s world index advancing amid encouraging economic data, even as oil prices ticked higher.

Today’s Index Performance

• Dow Jones Industrial Average (^DJI): Opened near 44,254, closed at 44,502.42, up +0.56%.
• S&P 500 (^GSPC): Opened around 6,264, closed at 6,299.02, up +0.56%.
• NASDAQ Composite (^IXIC): Opened near 20,730, closed at 20,887.74, up +0.76%—marking its sixth record close in seven sessions.

Gainers Of Note

• TSMC (NYSE: TSM): Semiconductor manufacturer; rallied ~4% after delivering strong quarterly profit, lifting overall chip sector performance.
• PepsiCo (NASDAQ: PEP): Food & beverage giant; jumped nearly 2% after beating Q2 earnings expectations and narrowing its EPS decline forecast.
• United Airlines (NASDAQ: UAL): Air carrier; gained as upbeat earnings and travel demand data boosted investor sentiment .

Losers Of Note

• Abbott Laboratories (NYSE: ABT): Medical devices and pharmaceuticals; slipped ~5% despite strong earnings, as guidance disappointed.
• Oscars Health Inc. (NYSE: OSCR): technology-driven health insurance provider, dropped ≈ 5.4%, falling to about $14.52, on 111.6% of average daily volume
• Sonic Automotive Inc. (NYSE: SAH): Auto dealership group, shares plunged ≈ 9–10%, trading around $76–77, following a sharp downgrade. Trading volume doubled the norm (≈240k shares vs 195k avg)

Active Traders Of Note

• Abbott Laboratories (NYSE: ABT): Saw high volume as investors reacted sharply to mixed earnings news.
• TSMC (NYSE: TSM): Heavy trading accompanied its sizable gain, reflecting increased investor focus on chipmakers.
• United Airlines (NASDAQ: UAL): Higher volumes followed its strong earnings, highlighting renewed interest in travel stocks.

Looking Forward:

Consumer strength and solid corporate results suggest upward momentum could continue, though rising yields and geopolitics may introduce volatility. Tech and consumer staples led the charge today; watching if next week brings follow-through in cyclical sectors like industrials or travel. Investors should monitor inflation data and Fed commentary to assess whether current growth can endure without pressuring monetary policy.

Note: The stock performance summaries are based on general trends observed over the past ten trading days and are not indicative of future results.

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