Stocks And Precious Metals Charts - Indices Finished Largely Unchanged

By Jesse of Jesse's Cafe Americain

Monday, July 29, 2024 6:15 PM EDT

Today was a good day to ignore the markets, and to wait for the two big shoes to drop later this week: the FOMC decision on Wednesday, and the Non-Farm Payrolls report on Friday.

So after the usual sturm und drang, the major stock indices finished largely unchanged.

Gold and silver took back their declines and finished largely unchanged.

VIX ended unchanged from its open.

The Dollar managed to hang on to a little rally.

So, barring exogenous events, the risk of which are certainly heightened as has been pointed out many times, the markets are likely waiting to see what the Fed's verdict on the economy might be.

And the band played on.

Have a pleasant evening.

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