Dow Jones-the US exchanges continue their record run on Thursday, but the new highs are only slightly over the Wednesday. Around noon (local time New York), the Dow-Jones index falls 0.5 percent to 44,766 points. For the S&P-500, it is 0.1 percent upwards. The Nasdaq Composite wins 0.2 percent.
A surprisingly resilient labor market dampens hopes for an early Interest rate the US Federal Reserve and thus also the buying mood. On the other hand, traders speak of unshakable optimism about the establishment of a trade agreement between the USA and the EU. As with Japanese exports, the US import tariffs could be 15 percent. The market hopes of reports on an approximation between representatives of the United States and the EU are fed. According to analysts, an agreement could be more favorable than initially by investors: “This coincided with our bullish base case,” commented the analysts of Deutsche Bank the market hopes.
Some market observers, however, have doubts as to whether the market hopes of the market are justified, because according to the EU member states, according to the circles, the EU has approved a package of retaliation tariffs on US goods that could come into force at the beginning of August if no trade agreements came about. In addition, the reporting period not only provides a vain sunshine.
Business figures of the day with light and shadow
Tesla lost 9.1 percent, because a significantly declining paragraph in the second quarter gave the e-carmaker a decline in profits. The group has to deal with higher competitive pressure, especially from China and the deletion of state incentives for electric cars. In addition, the reputation of CEO Elon Musk has suffered from President Donald Trump since his excursion.
IBM lose 7.1 percent. In the second quarter, the group exceeded expectations among most indicators. However, software turnover failed to estimate the consensus.
The airlines Southwest Airlines (-12.2%) and American Airlines (-8.3%) do not convince with their business cards. Dow Inc halves the dividend, the course rushes south by 16.3 percent. Honeywell exceeded expectations in the second quarter and increased the outlook. The US industrial conglomerate faces three separate companies before splitting – the course loses 5.4 percent. West Pharmaceutical rapen by 23 percent, the medical technology company shines with strong business figures and an improved outlook.
Alphabet increases by 1.2 percent because the Google mother Alphabet exceeded expectations in the second quarter thanks to the strong growth of the cloud division.
T-Mobile US has gained more new mobile and internet customers in the second quarter than the competition and more than the market had expected. The daughter of Deutsche Telekom raised her forecast for the year as a whole. The share is more expensive by 6.2 percent.
The lists on the pension market decrease slightly. US President Donald Trump will visit the US Federal Reserve during the day and thus strengthen the pressure on Fed boss Jerome Powell. Trump has repeatedly criticized Powell that he did not make interest reductions, which caused concerns about the independence of the Fed. Some investors sell US bonds before visiting. The yield of ten-year-old US state bonds increases by a base point to 4.40 percent. In addition, the weekly US working market data are better than expected and Chicago Fed National Activity Index improved in June, albeit at a weak level. This makes it less likely to be interest reductions in the United States. The shopping manager indices from S&P Global for the processing and the non-processing business did not offer a uniform picture. While the index for the service sector surprisingly rose significantly in July and further advanced to the expansive area, the index for the processing industry fell more clearly than expected and also under the expansion threshold.
The dollar rises slightly with the higher market interest rates. But the Greenback is also under observation in view of the Trump visit. If the Fed’s independence is in danger, this would not be a good sign of the US currency. The ECB’s monetary policy decision, as expected to confirm the level level, hardly moves the euro.
Gold loses attractiveness in view of increasing market interest rates and dollar courses – the hope of further trade agreements also speaks against the precious metal. Oil prices are increasing, since progress in the customs negotiations between the Trump administration and the EU dispel the market concerns with regard to global economic outlets and thus the demand for crude oil.
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Index last +/- % absolutely +/- % ytd
DJIA 44,766.08 -0.5% -244.21 +5.8%
S & P-500 6,366.59 +0.1% 7.68 +8.1%
NASDAQ Comp 21.053.27 +0.2% 33.25 +8.9%
Nasdaq 100 23,205.30 +0.2% 42.89 +10.2%
Foreigners last +/- % 0:00 Wed, 5:20 p.m. % YTD
EUR/USD 1.1759 -0.1% 1.1770 1.1739 +13.7%
EUR/JPY 172.79 +0.2% 172.41 171.74 +5.9%
EUR/CHF 0.9353 +0.3% 0.9329 0.9315 -0.6%
EUR/GBP 0.8706 +0.4% 0.8668 0.8648 +4.7%
USD/JPY 146.93 +0.3% 146.47 146.30 -6.9%
GBP/USD 1.3507 -0.5% 1.3581 1.3574 +8.5%
USD/CNY 7.1387 +0.1% 7.1300 7.1331 -1.1%
USD/CNH 7.1536 +0.0% 7.1520 7.1531 -2.5%
From/USD 0.6595 -0.1% 0.6598 0.6588 +6.7%
Bitcoin/USD 118,943.05 +0.7% 118,148.45 118.018.20 +24.8%
Rohoel last VT-Settlem. +/- % +/- USD % YTD
WTI/Nymex 66.19 65.25 +1.4% 0.94 -8.5%
Brent/ICE 69.31 68.51 +1.2% 0.80 -8.3%
Metals last the last day +/- % +/- USD % YTD
Gold 3,371.66 3,383.89 -0.4% -12.23 +28.9%
Silver 33.19 33.41 -0.7% -0.22 +19.8%
Platin 1,196.97 1,203.06 -0.5% -6.09 +37.3%
Copper 5.78 5.80 -0.3% -0.02 +41.6%
YTD based on the final score of the previous day
(Information provided without guarantee)
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DJG/DJN/Cln/Kla
(End) Dow Jones Newswires
July 24, 2025 12:36 ET (16:36 GMT)
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