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Based on the earnings results of companies reporting on 25 July (AMC), here’s a summary focusing on the moves made by these companies and their possible impact on the overall market indices such as SPX and NDX. The list is ordered by market cap to highlight the biggest movers and provide an average weighted move. Emphasis is placed on the most popular companies and brands likely to influence market sentiment. Companies with moves less than 2 percent are disregarded unless they are popular brands or stocks.
Highlights of most popular companies
Other notable movers
Baker Hughes Company (BKR)
Deckers Outdoor (DECK)
Hartford Financial Services Group (HIG)
Overall market cap weighted trend
Positive influence:
Negative influence:
Overall sentiment:
Expected directional bias for 26 July
Investors and traders should prepare for a potentially mixed market with a slight bullish bias, adjusting their strategies accordingly based on the performance of these influential companies and the overall market sentiment derived from these earnings reports.
This article was written by Itai Levitan at www.forexlive.com.
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