"US Markets Soar to New Highs Amid Trade Optimism and Tech Surge"

Today United States markets finished solidly higher with the Standard and Poor’s five hundred index gaining zero point eight percent to close at six thousand three hundred fifty-eight point nine one, hitting its twelfth closing high this year according to Nasdaq. The Dow Jones Industrial Average climbed one point one percent, or over five hundred points, ending at forty-five thousand ten point two nine, topping the key forty-five thousand level for the first time since late two thousand twenty-four. The Nasdaq composite rose zero point six percent, closing at twenty-one thousand twenty point zero two, passing the twenty-one thousand mark for the first time ever, with leading artificial intelligence chipmakers like NVIDIA Corporation and Advanced Micro Devices driving much of the tech sector’s strength.Market direction was powered by positive developments on trade, highlighted by news of a new tariff agreement between the United States and Japan that will see reciprocal duties at fifteen percent and a trade framework with other major partners. Sector-wise, industrials and energy stood out as top gainers, each rising between one point six and one point eight percent, while utilities were the only sector to end lower, down zero point eight percent.Among heavily traded stocks, artificial intelligence chip companies such as NVIDIA Corporation and Advanced Micro Devices advanced around two and a half percent, reflecting both sector leadership and high volume. The Standard and Poor’s five hundred and Nasdaq both saw dozens of new intraday highs, with the Standard and Poor’s five hundred reporting fifty new highs and only two new lows. Meanwhile, the fear gauge known as the Chicago Board Options Exchange Volatility Index fell nearly seven percent to fifteen point three seven, reflecting reduced market anxiety.On the economic front, the day was closely watched for initial jobless claims, with expectations set at two hundred twenty-five thousand, suggesting a slight uptick in unemployment claims that could influence Federal Reserve rate discussions. Durable goods orders excluding transportation rose half a percent, while oil rig counts ticked slightly up.Looking ahead, futures indicate a positive tone driven by enthusiasm over trade developments and United States business growth in July, as captured by stronger demand for services offsetting weaker manufacturing output. Tomorrow, market watchers will focus on additional economic data, including home sales, and look toward next week’s key Federal Reserve meeting, where rates are expected to be held steady despite ongoing inflation concerns in certain sectors. Anticipation is also high for upcoming earnings from several technology and consumer companies, which could act as further catalysts for market movement.Thank you for tuning in and do not forget to subscribe. This has been a Quiet Please production, for more check out quiet please dot ai.For great deals check out https://amzn.to/403yeYoThis content was created in partnership and with the help of Artificial Intelligence AI