Weekly Update - July 26, 2024

Fobi Updates

Fobi Shares

Volume of shares traded: 1,474,578
Net change: +8.33% (+0.005)

Top News

Dow Jones Industrial Average

Last: 40,589
Net Change: +0.43% (+175)

Nasdaq Composite Index

Last: 17,358
Net Change: -3.16% (-566)

1. Dow surges 700 points, fueled by latest earnings and inflation data

2. Tech roars back as S&P 500, Nasdaq surge ahead of earnings

3. TSX climbs after US inflation data; energy shares flat

4. Fed's key inflation gauge cools from year ago, sets stage for rate cut

5. Bank of Canada cuts its key interest rate to 4.50%

6. OpenAI announces SearchGPT, its AI-powered search engine