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  • Jul 21 Wall Street Snaps Three-Day Slide as Chip Recovery and Industrial Beats Override Oil & Yield Pressures

Jul 21 Wall Street Snaps Three-Day Slide as Chip Recovery and Industrial Beats Override Oil & Yield Pressures

$CALX $ESTC $DPZ

Market

Major U.S. indexes bounced back on Tuesday, snapping a three-day losing streak as chip stocks recovered from a multi-session sell-off.😊 😋

Investors are closely watching mega-cap tech earnings scheduled for later this week, led by Alphabet and Tesla

Strong quarterly results and raised guidance from industrial giants like $MMM ( ▼ 1.23% )  3M and General Motors $GM ( ▼ 1.27% )  bolstered risk appetite. $MU ( ▼ 0.11% )  Micron Technology soared +12.2%, while $NVDA ( ▲ 0.82% )  NVIDIA added +2.0% as buyers stepped in following recent valuation pullbacks.

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Today’s video is on Elastic $ESTC ( ▼ 0.15% ) the search and indexing company.

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