Big Rotation Continues; DFS Beats Big in Q2, United Mixed

Wednesday, July 17th, 2024This week’s major rotation continues. One of the major indices that had fallen behind so far in 2024 are catching a bid, at the expense of those that had been racing ahead. The Dow gained another +243 points today, +0.59%, and notched another all-time closing high. Contrast this with the Nasdaq dropping -512 points for the session, -2.77%, the S&P 500 -1.39% and the small-cap Russell 2000, which had been outperforming of late, -1.08% today.Gains for the past month look a lot differ ...