Market Recap – July 8th💰

Market Recap – July 8th

Markets have been struggling over the past few months. Occasionally, we’ve seen a potential for recovery manifest in the form of short spurts in the green. Even so, the market outlook continues to look bleak. One metric reflecting this are the futures of all major indexes. Indeed, futures for the Dow Jones Industrial Average slipped by 0.1%, while futures for the S&P 500 fell 0.2%. Nasdaq futures also lost 0.4%.

Looking at specific investments, we’re watching PepsiCo and Delta Air Lines which are scheduled to report earnings on Tuesday and Wednesday respectively. With one reflecting consumer staples and the other reflecting the travel industry, what do you think earnings will look like?

I am not a financial advisor and my comments should never be taken as financial advice. Investments come with risk, so always do your research and analysis beforehand.

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