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The S&P 500 Index, Nasdaq, and Dow Jones Industrial Average all climbed to 15-month highs Monday as investors awaited a host of major company earnings while maintaining confidence the Federal Reserve is nearly done raising interest rates. Technology shares were among the strongest performers yesterday, while smaller companies also performed well, with the small-cap-focused Russell 2000 up over 1% to end at a five-month high. Financial shares remained robust following mostly better-than-expected results from big banks last week. In Europe, shares ended in the red, with the Euro Stoxx 50 Index down almost 1%, dragged by household goods shares.
Summary for 18.07.2023
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