Monday, 13 July 2026: Markets advanced on Friday (10 July), with the S&P 500 closing in on fresh record highs

US equity markets advanced on Friday (10 July), with the S&P 500 closing in on fresh record highs ahead of the second quarter earnings season kicking into gear this week – Dow climbed +150-points or +0.29%. Nike Inc rallied +3.72%, while International Business Machines (IBM) Corp fell -2.62%The broader S&P500 rose +0.42% to 7,575.39, settling 0.42% below its 2 June record closing high (7,609.78). Materials (up +1.12%) and Communication Services (+0.92%) led ten of the eleven primary sectors higher.  Meta Platforms Inc (up +5.97%) the leading performer in the S&P 500 on Friday (10 July) and climbing to its highest level since April. Health Care fell -0.81%, with Moderna Inc slumping -10.83% to US$68.27and booking its worst week since August 2025 (down -14.41%) after a strong rally earlier in the month that lifted the vaccine manufacturer above >US$85 per share.