Market Bifurcation, Revisited; Plus Earnings for MSFT, SBUX, PINS & More

By Yahoo! Finance | Jul 30, 2024 at 07:59 PM EST

Trading on July 30th saw a "bifurcation trade" where the Dow rose while the Nasdaq fell. Economic data showed growth in the housing market and consumer confidence. Microsoft beat estimates but its stock dropped due to a slight miss in Azure cloud business.

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