The S&P 500, Dow Jones, and Nasdaq 100 indexes are up today. The Federal Reserve kept its benchmark interest rate unchanged despite criticism. July ADP employment change exceeded expectations. Q2 GDP grew more than expected. US June pending home sales fell unexpectedly. MBA mortgage applications dropped. Treasury plans to maintain auction size and focus on shortest-dated securities.

President Trump will impose a 25% tariff on India, starting August 1. The markets await news on trade deals before Friday’s deadline. Earnings season is in full swing, with key companies reporting. Interest rates are expected to remain steady. European bond yields are lower. Eurozone GDP and economic confidence exceeded expectations. Stock movers include Teradyne, Marvell Technology, VF Corp, and Generac Holdings.

Overseas stock markets are mixed. Interest rates are down. European bond yields are lower. Eurozone GDP and economic confidence increased. Swaps predict a potential rate cut by the ECB. Notable stock movers include Teradyne, Marvell Technology, VF Corp, and Generac Holdings. Losers include Check Point Software, IDEX Corp, and Old Dominion Freight Line. Earnings reports for various companies are expected on 7/30/2025.

Read more at Yahoo Finance: The Federal Reserve Leaves Rates Unchanged