Pre-Market Report – Friday 26 July: US Markets Stabilise - SPI Jumps 33 - Gold Drops 1.3%

Wall Street ended mixed overnight, following its worst performance since 2022 yesterday as markets began to doubt the sustainability of the AI-driven rally. The Dow edged 81 points higher (+0.20%). Up 585 points at best. Down 36 points at worst. The Russell 2000 gained 1.26% recouping most of the previous days' losses. Approximately 300 companies in the S&P 500 advanced, but the index fell 0.51%, falling below 5,400. The S&P 500 is now down ~5% from its all-time high. The NASDAQ lost ...