The S&P 500 and Nasdaq hit record highs, gold prices fell as investors reacted to mixed corporate earnings and positive tariff news. Nearly 80% of S&P 500 companies have beaten earnings expectations. The European Union is close to a trade deal with the U.S. and Japan, easing market concerns. President Trump visits the Fed amid tensions, with key interest rates expected to remain steady. Stock markets globally rose on trade optimism, with the Dow falling but the S&P 500 and Nasdaq climbing slightly. Treasury yields rose, the dollar was steady, and oil prices rebounded on supply cuts and trade hopes. Gold prices fell on trade optimism.

Read more at Yahoo Finance: S&P 500, Nasdaq notch record closing highs; gold softens amid earnings, trade negotiations