Monday, 17 July 2023: A mixed session on Friday (14 July) to close out a strong week for US equity markets

A mixed session on Friday (14 July) to close out a strong week for US equity markets as investors digested second quarter results from some of America’s largest financial institutions - Dow rose +114-points or +0.33%, The broader S&P500 slipped -0.10%, snapping a four session winning streak. The index settled above the >4,500 level for the first time since 5 April, 2022 last Thursday (13 July), and hit a record close of 4,796.56 in January last year. The Energy sector (down -2.45%) led eight of the eleven primary sectors lower. Health Care (up +1.50%) sat atop the primary sector leaderboard. The Nasdaq eased -0.18%. The small capitalisation Russell 2000 lost -0.49%.