World shares edge down, US yields fall as markets eye earnings, economic data

World shares edge down, US yields fall as markets eye earnings,

 economic data

By Chibuike Oguh

Tue July 23, 2024 4:41 PM

The markets took a breather today with the three indexes moving up and down several times during the session but ultimately closing near break-even modestly in the red. Alphabet came in better than expected but Tesla’s profits sank a whopping 45%. PCE is coming on Friday and, as today’s expert put it, “The market is in a show-me-the-money stage.” Sitting on the fence awaiting more data, volume came in below average at 10.6 billion. 

DJ: 40,415.44  +127.91      NAS: 18,007.57  +280.63      S&P: 5,564.41  +59.41  7/22

DJ: 40,358.09  -57.35         NAS: 17,997.35  -10.22         S&P: 5,555.74  -8.67     7/23

Tue 7-23-24 4:41 pm World shares edge down, US yields fall as markets eye earnings, economic data | Reuters