Stock indexes are mostly higher, with the S&P 500 and Nasdaq 100 at record highs. Trade news is positive after the US-EU deal and expected US-China tariff truce extension. Economic data shows rising consumer confidence and manufacturing outlook. Markets await Trump’s August 1 tariff deadline. Fed expected to keep rates steady.

Earnings season’s busiest week with 38% of S&P 500 firms reporting. Early results show earnings exceeding estimates. Overseas markets mixed. Interest rates slightly up. European bond yields mixed. ECB unlikely to cut rates in September. US stock movers include chip and energy stocks climbing. LNG stocks rise after trade deal commitment. Mining stocks down on lower gold and copper prices.

Individual stock movements: Super Micro Computer up, Nike up after upgrade, Weatherford International up after upgrade, Revvity down on EPS cut, Gilead Sciences down on potential risk, Cisco Systems down after downgrade. Earnings reports for various companies on 7/28/2025. No positions in mentioned securities. Views expressed are author’s own.

Read more at Nasdaq: Trade Deals and Earnings Optimism Boost Stocks