Stock Market Keeps Breaking Records
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US stock market continued its winning streak as the S&P 500 and Nasdaq Composite reached new record highs, driven by strong corporate earnings, booming tech stocks, and growing hopes of a Federal Reserve rate cut.
The S&P 500 closed at an all-time high for the ninth time this month, while the tech-heavy Nasdaq hit its 13th record July close.
The stock market keeps climbing even though expectations for Fed rate cuts are falling. That’s not what usually happens.
The stock market has been making fresh records, but there are risks building, including AI disappointment and a potentially weaker job market, HSBC said.
U.S. stocks are rising toward another record following a trade deal between the world’s No. 1 and No. 4 economies.
US stocks close higher after strong jobs data. S&P 500 and Nasdaq reach records. Mega tax bill is likely to pass. Trump tariff deadline is next week.
General Motors and other U.S. companies give updates on how much President Trump’s tariffs are impacting them.
Investors are seeking details on how companies are coping with the trade turmoil.
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