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Monday, 2 August 2021: US equity markets retreated on Friday (30 July), closing out the week and month on a weaker footing

Monday, 2 August 2021: US equity markets retreated on Friday (30 July), closing out the week and month on a weaker footing
Aug 2, 2021 · 8m 37s

US equity markets retreated on Friday (30 July), closing out the week and month on a weaker footing - Dow down -149-points or -0.42% . The broader S&P500 lost -0.54%,...

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US equity markets retreated on Friday (30 July), closing out the week and month on a weaker footing - Dow down -149-points or -0.42% . The broader S&P500 lost -0.54%, with Consumer Discretionary (down -2.78%) and Energy (-1.76%) the worst performing primary sectors on Friday night AEST (30 July). The Nasdaq fell -0.71%. Amazon.com Inc fell -7.56% - its biggest one-day drop since May 2020 – after reporting slowing sales growth in the second quarter after the closing bell of last Thursday’s (29 July) session. The small capitalisation Russell 2000 lost -0.62%.
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Author Morgans Financial Limited
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