US Edition
US Stocks End at Records as Markets Eye Tariff Deadline
NEW YORK, UNITED STATES, JUL 25 – Negotiators aim to avoid economic disruptions by finalizing tariff reductions on electronics, automotive, and consumer goods before the August 1 deadline, officials said.
- US stock indices ended Friday at fresh all-time highs amid optimism about a recent 'massive' trade deal with Japan and accelerating US-Asia trade talks.
- The upcoming August 1 tariff deadline spurred intensified negotiations focusing on key sectors like electronics, agriculture, and automotive to prevent economic disruptions.
- In Thailand, sustained foreign fund inflows supported market gains with the SET index closing Friday at 1,217.15, up 0.9% for the week despite tariff uncertainties and border conflicts.
- Stocks gains included the S&P 500 rising 0.4%, Dow Jones up 0.5%, and Nasdaq increasing 0.2%, while recommended Thai stocks included ADVANC, AMATA, and SCB.
- The progress in trade talks suggests potential easing of tariff tensions, which could strengthen global supply chains and boost export prospects amid remaining geopolitical risks.
62 Articles
62 Articles
U.S. stocks remain near record highs as Wall Street remains cautiously optimistic that Washington will sign more trade deals, avoiding an extreme scenario of very high tariffs and allowing the economy, which…
By John Towfighi, CNN US stocks are holding near record highs as Wall Street shows cautious optimism that Washington will sign more trade deals, avoiding an extreme scenario of very high tariffs and allowing the resilient economy to continue moving forward. Stocks were up Friday. The Dow Jones closed up 208 points, or 0.47%. The S&P 500 gained 0.4%, and the tech-heavy Nasdaq Composite added 0.24%. The S&P 500 closed at a record high for the fift…
Global Review The announcement of the 90-day tariff break marked the beginning of what is called the "TACO trade", abbreviation "Trump Always Chickens Out." This triggered a strong recovery in V-shaped shares that eventually pushed markets above their pre-tariff levels. But it was not the turmoil of the stock markets that pushed Trump back. The new administration was indeed more sensitive to bond market movements, and the alarm bell began to sou…
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