MARKET RECAP → The party continued on Tuesday, with the Dow (DIA) extending its rally to 12 days (its longest winning streak in over six years). Nearly 130 S&P 500 (VOO) companies have reported Q2 earnings so far, with about 79% exceeding expectations, according to FactSet. Now all eyes are on the Fed’s interest rate decision tomorrow with investors overwhelmingly betting on a rate hike of 0.25%, and some surely hoping it is one of its last!
💪 STOCK MARKET STAYS STRONG→ Stock market defies recession signals, rallies on corporate earnings and global optimism!
🎵 SPOTIFY REPORTS Q2 EARNINGS → Spotify’s (SPOT) stock dropped 14% today after reporting a disappointing Q2 earnings report.