STOCK MARKET WATCH -- Tuesday, 2 August 2022

[Tansy_Gold]

STOCK MARKET WATCH, Tuesday, 2 August 2022

Previous SMW:
SMW for 1 Aaugust 2022




AT THE CLOSING BELL ON 1 August 2022



Dow Jones 32,798.40 -46.73 (0.14%)
S&P 500 4,118.63 -11.66 (0.28%)
Nasdaq 12,368.98 -21.71 (0.18%)

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Market Conditions During Trading Hours:

Google Finance
MarketWatch
Bloomberg
Stocktwits

(click on links for latest updates)

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Currencies:













Gold & Silver:






Petroleum:

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DU Economics Group Contributor Megathreads:

Progree's Economic Statistics (with links!)
mahatmakanejeeves' Rail Safety Megathread
mahatmakanejeeves' Oil Train Safety Megathread

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Quote for the Day:

Material possessions can be taken by force and enjoyed by the robber. Spiritual possessions cannot be taken in this way. You may kill an artist or a thinker, but you cannot acquire his art or his thought. You may put a man to death because he loves his fellow-men, but you will not by so doing acquire the love which made his happiness. Force is impotent in such matters; it is only as regards material goods that it is effective. For this reason the men who believe in force are the men whose thoughts and desires are preoccupied with material goods.

Bertrand Russell. Political Ideals (c) 1918

This thread contains opinions and observations. Individuals may post their experiences, inferences and opinions on this thread. However, it should not be construed as advice. It is unethical (and probably illegal) for financial recommendations to be given here.

[Warpy]

1. Another take on why the market is rebounding

Inflation in energy and transportation have eased and prices are starting to come down. Corporations care about these two things but care little about the consumer inflation that fattens their own profit lines. Their inflation has started to reverse, so they assume all is right with the world, let's buy more of our stock back!