YAHOO FINANCE CHARTBOOK 32 charts that explain markets and the economy right now Nasdaq GIDS - Delayed Quote • USD Nasdaq Mid Cap Oil: Crude Produ (^NQUSM60101010T) Follow 1,264.78 -7.54 (-0.59%) At close: July 22 at 5:15 PM EDT Related News Stock market news today: US futures waver amid earnings flood, with Big Tech on deck A marquee earnings day brings Big Tech results, in focus as investors assess the future of this year's rally. EV demand dips, TNT matches NBA bid: Market Domination Overtime On today's episode of Market Domination Overtime, Hosts Julie Hyman and Josh Lipton break down the market close and some of the biggest stories of the trading day. All three of the major averages close Monday in the green after digesting the news of President Biden's withdrawal from the 2024 election and preparing for this week's big earnings results. The Nasdaq Composite (^IXIC) rose by over 1.5% — or 280 points — trailed by the S&P 500's (^GSPC) gains of over 1% as indexes bounce back from last week's tumultuous trading. Michael Kushma, senior portfolio manager at Morgan Stanley Investment Management, says it's still too early to know how the election will turn out, and is advising investors to pay more attention to whether the Federal Reserve cuts interest rates two or three times this year rather than election odds. Porsche (POAHY) has adjusted its electric vehicle (EV) target in response to cooling global demand. The luxury automaker has stepped back from its previous goal of having 80% of its sales come from EVs by 2030. Yahoo Finance Autos Reporter Pras Subramanian breaks down the details of Porsche's revised outlook on electric vehicles, hybrids, and traditional gas-powered cars. Nvidia (NVDA) is reportedly working to produce a new Blackwell AI chip for the Chinese market, according to Reuters. Moor Insights and Strategy Founder, CEO, and Chief Strategist Patrick Moorhead to discuss his outlook on the semiconductor giant. He explains that despite rising US-China tensions, "this whole notion of AI coming to a screeching halt anytime soon is fiction." Meanwhile, the battle for who will get to broadcast a portion of NBA games is getting more heated. Warner Bros. Discovery's (WBD) TNT says it has matched one offer to broadcast NBA games. It is widely reported that the offer the company matched was Amazon's (AMZN) $1.8 billion per year bid. Yahoo Finance senior reporter Alexandra Canal reports the breaking developments. Finally, Julie Hyman and Josh Lipton break down what to watch on Tuesday, July 23rd, from major tech earnings to new data on existing home sales. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl Focus on when Fed will cut, not election: Portfolio manager The three major indexes (^DJI,^GSPC, ^IXIC) closed higher on Monday. Investors kept a close eye on Washington as they digested the news that President Biden dropped out of the 2024 presidential race and endorsed Vice President Kamala Harris to be his successor. Michael Kushma, senior portfolio manager at Morgan Stanley Investment Management, says it's still too early to know how the election will turn out. That's why he is advising investors to pay more attention to whether the Federal Reserve cuts interest rates two or three times this year rather than election odds. Kushma thinks the Fed will cut this year. He thinks they want to be able to say, "We don't need an easy monetary policy, but we do need a less restrictive monetary policy," citing inflation near its target and rising unemployment as reasons to cut rates. Watch the video above to hear what Kushma has to say about the inverted yield curve. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Stephanie Mikulich. Stocks and tech sector move higher, recover from last week All three of the major averages close Monday in positive territory after digesting the news of President Biden's withdrawal from the 2024 election and preparing for this week's big earnings results. The Nasdaq Composite (^IXIC) rose by over 1.5% — or 280 points — trailed by the S&P 500's (^GSPC) gains of over 1% as indexes bounce back from last week's tumultuous trading. Julie Hyman and Jared Blikre compare the traditional market averages with the performances of the S&P 500 Equal Weight Index (^SPXEW) and the Russell 2000 (^RUT) small-cap index, focusing in on the tech-heavy Nasdaq 100 (^NDX) components. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan. Biden exits race, CrowdStrike fallout, Big Tech earnings: Morning Brief Today's episode of the Morning Brief features co-hosts Seana Smith and Madison Mills delving into political upheaval, market-moving stocks, and upcoming earnings reports. The political landscape takes center stage as President Biden announces his withdrawal from the presidential race, endorsing Vice President Kamala Harris as the potential Democratic nominee. Senior Columnist Rick Newman joins to analyze Harris's likely policy directions. AGF Investments Chief US Policy Strategist Greg Valliere offers insights into Harris's prospects against Trump and the potential market implications. The focus then shifts to notable stock movements, including Ryanair (RYA.IR), CrowdStrike (CRWD), Verizon (VZ), and Delta Air Lines (DAL)—which is still grappling with challenges from a worldwide outage triggered by a CrowdStrike update. The show concludes with a look at upcoming earnings reports, particularly from Tesla (TSLA) and Alphabet (GOOG, GOOGL). J.P. Morgan Private Bank US equity strategist Abby Yoder and Roth MKM senior research analyst Craig Irwin share their earnings outlooks. For more expert insight and the latest market action, click here. This post was written by Angel Smith Prepare for more market volatility on Biden exit: Strategist Last week, investors trimmed their holdings of US bonds and bought bitcoin in anticipation of former President Donald Trump winning the 2024 presidential election. Roundhill Investments CEO Dave Mazza joins Morning Brief to discuss the "Trump Trade" and how investors are digesting President Biden's decision to exit the race. "As Trump was really beginning to lead in the betting markets and the prediction markets against Joe Biden post the debate, investors started positioning for that Trump Trade 2.0, which has a lot of similarities to the original Trump Trade, but is a bit different," Mazza explains. "In this particular case, I think investors were anticipating [interest] rate cuts on the short end of the bond yields and then actually an increase in rates on the long end, making the yield curve actually positive for the first time in many years." However, now that Joe Biden has exited the race, all eyes are on Vice President Kamala Harris to choose her running mate: "Vice President Harris can really show that she's putting together a credible campaign and the amount of money that was raised yesterday is maybe emblematic that we're going to see a much tighter race than what was happening. And that's why I think this week is going to be a bit messy for markets. It's going to be a big push-pull relationship between whether tech really can retake the charge, or small caps and other out-of-favor areas that saw that rotation last week can get a bid." He notes that if Harris receives the Democratic nomination at the Democratic National Convention (DNC) in August, "investors should be prepared for more volatility." However, if Trump continues to lead in the polls, he believes that investors will feel more confident in sticking with the rotation associated with the Trump Trade. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl Dow Jones Futures Rise As Apple Chipmaker NXP Plunges On Earnings; Tesla Earnings Next Stock Market Today: Dow Jones futures rose Tuesday, as Apple chipmaker NXP Semiconductors plunged on earnings. Tesla earnings are up next. S&P 500 Earnings Shrivel Without Magnificent Seven Names Like Nvidia, Meta Magnificent Seven stocks Nvidia, Amazon.com, Meta Platforms and Alphabet are again carrying the load for the S&P 500. The four companies should be among the top five contributors of second-quarter earnings growth in the S&P 500, says a report from FactSet. Could Earnings Stop the Small-Cap Stocks Rotation in Its Tracks? The Magnificent Seven soared on Monday ahead of a slew of earnings reports that could shake up the small-cap rotation that hammered the market's leading stocks last week. Corning (GLW) Paid off in Q2 O’keefe Stevens Advisory, an investment advisory firm, released its second-quarter 2024 investor letter. A copy of the same can be downloaded here. Ongoing expectations of near-term rate reduction drove a 3.9% gain in the S&P 500, and companies like Nvidia led this. In the first half, Microsoft, Alphabet, Amazon, and Meta increased by more than […] Dow Jones Futures: Apple Chipmaker NXP Plunges On Earnings; Nvidia, Tesla Snap Back Dow Jones Futures Rise: Apple chipmaker NXP plunged on earnings late Monday. Nvidia stock and Tesla snapped back from Friday's losses. 3 Russell 2000 Growth Stocks That Could Be Worth the Risk These three small-cap stocks could deliver hefty returns if the central bank cuts rates. Does Perrigo (PRGO) Have a Good Growth Potential? O’keefe Stevens Advisory, an investment advisory firm, released its second-quarter 2024 investor letter. A copy of the same can be downloaded here. Ongoing expectations of near-term rate reduction drove a 3.9% gain in the S&P 500, and companies like Nvidia led this. In the first half, Microsoft, Alphabet, Amazon, and Meta increased by more than […] The Magnificent 7 Stocks Can Ride Again. Why Big Tech’s Rotation Is Healthy and 4 Other Things to Know Today. Alphabet earnings are coming amid a focus on AI, a look at Kamala Harris’ investments as she coalesces Democratic support, and more news to start your day. Beijing Outlook Roils Asian Stock Marlets Beijing Outlook Roils Asian Stock Marlets Is Invesco S&P 500 Equal Weight Industrials ETF (RSPN) a Strong ETF Right Now? Smart Beta ETF report for RSPN Should iShares Russell 2000 Growth ETF (IWO) Be on Your Investing Radar? Style Box ETF report for IWO Should BNY Mellon US Large Cap Core Equity ETF (BKLC) Be on Your Investing Radar? Style Box ETF report for BKLC Futures steady as investors parse earnings; tech results eyed (Reuters) -Wall Street futures were little changed on Tuesday amid a flurry of mixed corporate earnings, as investor focus turned to Big Tech results scheduled later in the day to gauge if the market's recent record-breaking rally has momentum to spare. With investors returning to megacap growth stocks on Monday, the S&P 500 and the Nasdaq logged their biggest one-day gain in more than a month, snapping a three-day losing streak triggered by investors exiting megacap tech stocks in favor of underperforming sectors. Alphabet and Tesla, two of the so-called Magnificent Seven companies, are set to report quarterly results after markets close. 3 High-Yield Dividend ETFs to Buy to Generate Passive Income If you're looking to generate income without giving up long-term upside potential, here are three ETFs for you to look at.