Dow, S&P 500 rally on strong retail data, gold reaches record high: Yahoo Finance
Stocks are trading mixed after June's retail sales data came in better than expected. The print is rekindeling investor optimism for a potential Federal Reserve rate cut later this year. The Dow Jones Industrial Average (^DJI) is experiencing notable gains, propelled by UnitedHealth Group's (UNH) strong second-quarter earnings beat. Meanwhile, investors are closely monitoring the commodities market, where gold (GC=F) prices have surged to record highs.
Yahoo Finance's trending tickers include CRISPR Therapeutics (CRSP), the Charles Schwab Corporation (SCHW), and Shopify (SHOP).
Top guests today include:
3:10 p.m. ET Steven Ricchiuto, Mizuho U.S. Chief Economist
3:25 p.m. ET Ken Leon, CFRA Director of Equity Research
4:10 p.m. ET Mark Adams, SGH CEO
4:35 p.m. ET David Bailey, BTC Inc. CEO
4:45 p.m. ET Charles Liang, Super Micro CEO