Bloomberg Market Wrap 7/12: U.S. Dollar, S&P 500 Strength

The video discusses the performance of the US dollar and the S&P 500. The US dollar slipped against major currencies due to market turbulence and concerns about global growth, interest rates, and producer prices. Meanwhile, the S&P 500 reached record highs, driven by Fed Chairman Jay Powell's comments on monetary policy and better-than-expected PPI data. The video also highlights the S&P 500's weekly performance and upcoming earnings as the next catalyst for US equities.

What was the main reason for the US dollar's decline against major currencies?

• An increase in global growth

• A rally in the stock markets

• Investors turning to haven currencies

• A decrease in American producer prices

Which index closed above 3000 for the first time?

• Dow Jones Industrial Average

• Nasdaq Composite

• S&P 500

• Russell 2000

What was a contributing factor to the S&P 500's gains?

• A decrease in interest rates

• Fed Chairman's comments on monetary policy

• A decline in global growth

• A drop in the US dollar

How many consecutive weekly gains did the S&P 500 achieve?

• Three

• Five

• Two

• Four

What is the next major event for US equities?

• Interest rate announcement

• US-China trade talks

• Earnings season

• Federal Reserve meeting