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CNBC Daily Open: Oil joined the July stocks rally

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Traders think that scenario is looking increasingly likely. Stocks had a great July and the optimism extended to the commodities market.

Investors are growing interested in India as the country's economy expands and stock market rallies — even amid high inflation. "Whatever the world is grappling with, it's business as usual for India," said Feroze Azeez, deputy CEO of Anand Rathi Wealth. Here areHSBC reported second-quarter earning

s that easily beat analysts' expectations. Pre-tax profit of the largest bank in U.K. jumped 89% year-on-year to $8.77 billion, while revenue surged 38% to $16.71 billion. In light of those sterling results, HSBC's board announced they're planning to initiate a share buyback of up to $2 billion.in payments from Jeffrey Epstein to "girls or women" even after the bank says it removed the sex offender as a client in 2013, a lawyer for the U.S.

 

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CNBC Daily Open: July was great for stocks — and oilTraders think that scenario is looking increasingly likely. Stocks had a great July and the optimism extended to the commodities market.
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