July 29

Mixed Market Trends Amid Economic Indicators and Global Fluctuations

Market fluctuations dominated the finance landscape as US equity indices showed mixed results, with the Nasdaq 100 declining due to disappointing tech earnings, while the Russell 2000 thrived. Meanwhile, the ASX 200 ended its winning streak, reflecting struggles in the local tech sector. Positive economic indicators, including a rise in the US PMI and GDP growth, contrasted with a slowdown in the Euro Area. Investors remain cautious amid increased market volatility, with key economic reports set to influence future market directions.