In a quiet week with little major news, Wall Street stocks closed higher with the S&P 500 and Nasdaq reaching all-time highs. Trump imposed a 50% tariff on Brazilian imports, impacting the real currency. Treasury yields rose after unexpected jobless claims drop. Bitcoin hit a new record high above $113,000.

Investors eagerly await JP Morgan and other major banks’ second-quarter earnings next week. The lack of significant market-moving events led to Wall Street buying, pushing indexes to new records. Despite Trump’s tariff announcements, markets remained resilient, with Bitcoin’s value surging. Tomorrow, no major U.S. data or events are expected.

Read more at Yahoo Finance: New highs, almost no news