28 July 2025, 23:56 USA: S&P 500, Nasdaq 100 Extend Records Run.
US stocks were little changed on Monday as investors digested a new US-EU trade agreement and looked ahead to a busy week filled with earnings reports and key economic data. The S&P 500 finished slightly higher at record levels, the Nasdaq 100 added 0.3% to extend its record close, while the Dow slipped 64 points. President Trump unveiled a tariff deal with the EU, setting a 15% baseline - down from the previously threatened 30% - as hopes for an extended US-China truce also grew. Despite easing trade tensions, market sentiment remained cautious due to continued uncertainty over the broader economic impact of tariffs. Energy stocks led sector gains, with Exxon Mobil up 1% and Chevron advancing 0.9%, while materials lagged with the steepest losses. Attention now shifts to earnings from major tech giants - Meta, Microsoft, Apple, and Amazon - as well as the Federal Reserve's policy meeting on Wednesday, where investors will be watching closely for any hints of a potential rate cut in September.
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