United States
US equity markets closed the week with mixed signals. The S&P 500 (^GSPC) fell 0.15% to $7,420.10, constrained within a $214.91 range. The Nasdaq (^IXIC) managed a modest advance of 0.51% to $26,021.66, while the Dow Jones (^DJI) outperformed with a 0.57% gain to $51,492.55. The Russell 2000 (^RUT) lagged, declining 0.88% to $2,917.98, signalling weakness in small-cap equities.
Energy and entertainment names dominated the downside. ExxonMobil (XOM) slid 4.27% to $140.74, while Netflix (NFLX) retreated 4.21% to $76.96. Financials led gains: JPMorgan (JPM) advanced 3.97% to $333.46 and Goldman Sachs (GS) rose 3.42% to $1,099.14. Cryptocurrency-linked stocks participated in the rally, with Coinbase (COIN) climbing 3.22% to $164.92.
Italy
The FTSE MIB (FTSEMIB.MI) surged 2.14% to €52,946.89, outperforming its US counterpart. Italian banking stocks drove the advance. UniCredit (UCG.MI) jumped 8.01% to €80.54, while Intesa Sanpaolo (ISP.MI) gained 5.01% to €6.18. Auto-sector weakness tempered broader gains: Stellantis (STLAM.MI) fell 7.71% to €5.62 and Ferrari (RACE.MI) declined 2.68% to €310.80.
Week ahead
Economic data and corporate earnings remain in focus; trading volumes may thin during the mid-summer calendar. Investors continue to assess inflation trends and monetary policy signals from central banks.