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- Jul 27th Weekly Stock Market Update - Mixed earnings, but a strong close after good inflation
Jul 27th Weekly Stock Market Update - Mixed earnings, but a strong close after good inflation
Mukund Mohan
July 27, 2024
Review
The big earnings for the week were Tesla, Ford, GM and Google. Ford and Tesla are struggling, while Google though good, had a tough YouTube quarter. This market will be defined by next week’s key earnings, as inflation looks benign and the Fed might start to cut interest rates soon.
On the back of a tough Wed, the markets went lower for the week
