empty
27.06.2025 12:24 PM
Nike lifts Adidas, Puma, JD Sports: The report that changed the day

This image is no longer relevant

Wall Street rallies as investors bet on Fed rate cuts

U.S. stock markets closed Thursday on a strong note, with both the S&P 500 and Nasdaq edging closer to their all-time closing highs. A continued lull in tensions between Israel and Iran, along with fresh economic indicators, has raised hopes that the Federal Reserve might ease borrowing costs later this year.

Broad-based gains across major indexes

The day saw widespread gains across the three major U.S. stock indexes, placing them firmly on track for a positive weekly performance. The S&P 500 and Nasdaq were especially buoyant, coming within striking distance of their previous record closes as the trading session drew to an end.

Banks lead the way

Financial stocks were among the top performers, after the Federal Reserve proposed relaxing leverage requirements for large banks. The move would allow these institutions to hold less capital against lower-risk assets, freeing up additional resources. The S&P 500 bank index climbed by 1.6 percent in response.

Fed remains cautious amid uncertainty

Thomas Barkin, President of the Richmond Federal Reserve, emphasized the need to maintain flexibility given the prevailing economic uncertainties. However, he also noted that tariffs are unlikely to drive inflation as significantly as some fear.

Markets eye September for first rate cut

According to CME's FedWatch tool, markets are currently pricing in a roughly 21 percent chance of a rate cut in July. More notably, there's now over a 75 percent likelihood that the Fed will implement its first rate reduction of the year in September.

Markets gain ground amid positive sentiment and easing trade tensions

U.S. stocks closed with strong gains on Thursday, as investors responded to favorable earnings expectations and a rally in commodity prices. Technology, communication services, and raw materials led the charge, while real estate lagged behind.

Key U.S. Index Moves:

  • Dow Jones Industrial Average added 404.41 points, a gain of 0.94 percent, closing at 43,386.84;
  • S&P 500 rose by 48.86 points or 0.80 percent, ending the session at 6,141.02;
  • Nasdaq Composite increased by 194.36 points, up 0.97 percent, finishing at 20,167.91.

Communication stocks shine, real estate underperforms

Out of the eleven main sectors in the S&P 500, communication services posted the highest percentage gain. Conversely, real estate stocks saw the weakest performance, struggling to keep pace with the broader market.

Micron surprises with forecast, but stock slips

Chipmaker Micron delivered a stronger-than-expected revenue outlook for the upcoming quarter. However, this bullish forecast failed to lift its shares, which fell by 1 percent by the close of trading.

Copper rally boosts miners

Copper prices surged to a three-month high, igniting a rally in mining stocks. Freeport-McMoRan rose 6.8 percent, while Southern Copper gained 7.8 percent — a sign of renewed appetite for commodity-driven investments.

European stocks rise on hopes of trade thaw

European markets started Friday's session on an upbeat note, led by automakers benefiting from signs of easing trade friction between the United States and China. The STOXX 600 index gained 0.9 percent to reach 542.27 by 08:25 GMT, setting the stage for what could be its first weekly advance in three weeks. Other major regional indexes were also trading higher.

US and China strike deal to boost rare earth supplies

Washington and Beijing have reached a new agreement aimed at accelerating the delivery of rare earth materials to the United States. The move is seen as a strategic effort to secure critical resources and reinforce supply chain resilience.

Investors shift focus from geopolitics to trade talks

As tensions in the Middle East begin to subside, investors are turning their attention to signs of progress in trade negotiations. With a deadline looming in early July that could trigger new US tariffs, markets are on alert for any signals of compromise or diplomatic breakthrough.

EU keeps options open as trade talks unfold

During a summit in Brussels on Thursday, European Union leaders reviewed Washington's latest trade proposals. European Commission President Ursula von der Leyen warned that a breakdown in discussions remains possible, stating that all options remain under consideration.

Automakers and media stocks drive European rally

European carmakers led sector gains with a 1.8 percent rise, followed closely by media companies, which advanced 1.6 percent. The rally reflects renewed investor confidence in consumer-oriented industries.

Sporting goods stocks surge on Nike's strong forecast

Shares of JD Sports in the UK jumped 7.6 percent, while Germany's Puma and Adidas gained 4.1 and 3.9 percent respectively. The surge came after US-based Nike released a quarterly revenue outlook that exceeded market expectations, boosting sentiment across the sector.

Spanish defense firm gains favor with analysts

Indra, a Spanish defense technology group, rose 4.8 percent after Morgan Stanley upgraded its rating from equal weight to overweight, signaling growing confidence in the company's near-term performance.

Knorr Bremse falls after downgrade

Shares in German truck parts manufacturer Knorr Bremse fell 4.7 percent following downgrades from both JP Morgan and Citi. The investment banks revised their recommendations downward, citing weaker outlooks for the sector.

Thomas Frank,
Analytical expert of InstaForex
© 2007-2025
Summary
Urgency
Analytic
Thomas Frank
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

US Market News Digest for July 28

US equity indices closed higher, with the S&P 500 and Nasdaq 100 setting new all-time highs following a fresh trade agreement between the United States and the European Union, which

Ekaterina Kiseleva 12:34 2025-07-28 UTC+2

Long-awaited truce and giants earnings: What's in store for financial markets this week?

US and European stock futures jump, euro stabilises after deal US-China talks continue, truce likely to be extended Earnings reports from major companies, Fed and Bank of Japan meetings

Thomas Frank 11:20 2025-07-28 UTC+2

Bitcoin's future predictable? Bitcoin marked by low volatility in dull trading

According to some crypto analysts, the future of the world's first cryptocurrency appears predictable and, to some extent, boring. Experts believe that Bitcoin's use in exchange-traded funds (ETFs) hasn't necessarily

Larisa Kolesnikova 10:40 2025-07-28 UTC+2

Wall Street on edge: Trump's Fed visit, UnitedHealth probe, rising S&P and Nasdaq

Thursday's session ended with record closes for the S&P 500 and Nasdaq. Investor optimism was fueled by strong earnings from Alphabet, boosting appetite for other leading tech names linked

12:05 2025-07-25 UTC+2

US Market News Digest for July 25

US equity benchmarks closed the day mixed: the S&P 500 and Nasdaq posted modest gains, while the Dow Jones edged lower. Investor sentiment remains cautious amid uncertainty over the Fed's

Ekaterina Kiseleva 11:56 2025-07-25 UTC+2

Wall Street on edge: Trump visits Fed, UnitedHealth probe, S&P and Nasdaq grow

Thursday's trading session closed with historic peaks for both the S&P 500 and Nasdaq indices, as standout results from Alphabet sparked renewed excitement for shares in artificial intelligence-driven tech giants

Thomas Frank 11:06 2025-07-25 UTC+2

Always zero tariffs for America and plenty of Bitcoins for president. Traders' calendar on July 24-25

In his characteristic style, Donald Trump presented what he called the "greatest trade deal in history," claiming that Indonesia and Japan had opened their markets to American business

Svetlana Radchenko 12:09 2025-07-24 UTC+2

Bitcoin may drop. BTC traders may face price traps

The crypto market is currently experiencing volatility, but many analysts anticipate an intensifying storm. They are warning of potential price traps in Bitcoin's dynamics, fearing a major collapse

Larisa Kolesnikova 12:05 2025-07-24 UTC+2

US Market News Digest for July 24

The US economy continues to demonstrate resilience, fueling optimism around corporate earnings. Investors are hopeful for strong results, particularly from the "Magnificent Seven," while emphasizing the importance of tariffs

Ekaterina Kiseleva 11:52 2025-07-24 UTC+2

Shifting market trends: Thermo Fisher soars, Texas Instruments sinks

Tariffs on Japanese cars have been cut from 27.5% to 15%. Thermo Fisher shares surged. Texas Instruments stock tumbled. Tesla reported, with investors now bracing for a revenue drop. S&P

11:09 2025-07-24 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.