FactSet Evening Market Recap
StreetAccount U.S. Evening Market Recap is FactSet's daily podcast aiming to capture the most material market moving news. With a target time of ~5 minutes, this is an ideal listen for those looking to stay connected to the most important themes driving the U.S. economy & corporations.
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Weekly Market Recap - Friday, 24-Jul
<p>Major U.S. equity indices declined this week, extending last week's pullback. Markets spent the week balancing strong AI enthusiasm against rising geopolitical and macro headwinds. Mag 7 earnings got off to a rough start despite solid results, highlighting investors' sensitivity to AI spending and margin pressure.</p>
Evening Market Recap - Thursday, 23-Jul
<p>US equities finished down in Thursday trading, ending a bit above session lows. Big tech was broadly lower with GOOGL and TSLA the notable Mag 7 decliners on their reports. Capex a notable overhang on the former though remains a positive for the AI infrastructure narrative.</p>
Evening Market recap, Tuesday 22-Jul
<p>US equities finished mostly lower in Wednesday trading, though S&P gainers/decliners were fairly evenly split. Overall, momentum extended Tuesday's bounce.</p>
Evening Market Recap - Tuesday, 21-Jul
<p>US equities finished higher in Tuesday trading, ending not far from best levels. Momentum bounce was the big story today, though with no particular catalyst at play. </p>
Evening Market Recap - Monday, 20-Jul
<p>US equities finished lower in Monday trading, ending near worst levels. It was a fairly quiet session, but the narrative was still dominated by familiar themes. With few macro catalysts on the calendar this week, attention is pulled ahead to earnings: 86 S&P companies reporting this week.</p>
Weekly Market Recap - Friday, 17-Jul
<p>US equities were lower this week as the S&P 500 and Nasdaq broke back-to-back weekly gains, while the small cap R2K was down for a third-straight week. Iran tensions ramped up again this week with the latest hostilities between the US and Tehran. </p>
Evening Market Recap - Thursday, 16-Jul
<p>US equities finished lower in Thursday trading, near session lows. Thursday saw another rotation out of momentum and into select cyclicals and more defensive pockets of the market. In macro news, headline June retail sales are up 0.2% month over month, in line with consensus but below May's upwardly revised 1.0%. </p>
Evening Market Recap - Wednesday, 15-Jul
<p>US equities were higher in Wednesday trading. Breadth was positive, though the equal-weight (RSP) trailed the cap-weighted index by over 50 bp. Momentum was under pressure again as SOX reversed its Tuesday's gains, with no help from positive ASML results.</p>
Evening Market Recap, Tuesday 14-Jul
<p>US equities were mostly higher in Tuesday trading. The rate rally on a cooler June CPI was a positive for risk sentiment, offering some pushback against the recent hawkish lean in Fed narrative. The momentum bounce was another tailwind following the latest unwind pressure that continued to be largely chalked up to technical dynamics.</p>
Evening Market Recap, Monday 13-Jul
<p>US equities were lower in Monday trading as stocks ended a bit off their worst levels. Another big momentum selloff was the focus of the day, following a weak Asia session overnight. Similar to the momentum unwind that preceded last week's stabilization, there was no notable fundamental catalyst for the move</p>
