By eToro – The week capped of a powerful performance for equity markets. Strong earnings drove the S&P 500 Index up approximately 6.7% for July, while the NASDAQ index increased more than 7%. For the week, the S&P 500 declined by approximately 1 point, as investors digested a plethora of economic data points.
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Disclaimer: Trading in the Foreign Exchange market might carry potential rewards, but also potential risks. You must be aware of the risks and are willing to accept them in order to trade in the foreign exchange market. Don’t trade with money you can’t afford to lose.
