Weekly: Tesla, Netflix on tap as earnings season ramps up
@TigerObserver:
Last Week's RecapThe US Market - S&P 500, Nasdaq hit market rally highsThe stock market rally gained momentum amid tame inflation data that sent the dollar tumbling.The S&P 500 and Nasdaq hit fresh 52-week highs while the Dow notched its best performance since March, as strong earnings results from the big banks and companies kicked off earnings season.The Nasdaq exchange announced an upcoming special rebalance to the Nasdaq 100 index that will reduce the weight of Microsoft (MSFT), Nvidia (NVDA) and more, to avoid over-concentration.The headline CPI for June rose 3% year-over-year, the lowest level since March 2021. The core CPI, excluding food and energy, eased to 4.8% from 5.3% on an annual basis.The PPI rose just 0.1% on the month. Along with downward revisions to May data, tha