{"id":55810,"date":"2025-07-11T03:33:13","date_gmt":"2025-07-11T03:33:13","guid":{"rendered":"https:\/\/www.europesays.com\/us\/55810\/"},"modified":"2025-07-11T03:33:13","modified_gmt":"2025-07-11T03:33:13","slug":"stock-market-today-live-updates-14","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/55810\/","title":{"rendered":"Stock market today: Live updates"},"content":{"rendered":"

Traders work on the floor of the New York Stock Exchange (NYSE) on July 07, 2025, in New York City.<\/p>\n

Spencer Platt | Getty Images News | Getty Images<\/p>\n

U.S. equity futures fell Thursday evening after U.S. President Donald Trump announced 35% tariffs on Canada starting Aug. 1.<\/p>\n

Futures tied to the benchmark S&P 500<\/a> declined 0.48%. Nasdaq 100 futures<\/a> fell 0.57%. Dow Jones Industrial Average futures<\/a> fell 0.45%, or 202 points.<\/p>\n

This comes as investors continued piling into risk assets, sending the S&P 500 and Nasdaq Composite to new closing records<\/a>.<\/p>\n

In regular trading, the broad market S&P<\/a> gained 0.27% to end the day at 6,280.46, while the tech-focused Nasdaq<\/a> finished higher by 0.09% at 20,630.67. The Dow<\/a>\u00a0advanced 192 points, or 0.43%, closing at 44,650.64.<\/p>\n

The moves came as investors shrugged off any worries around the latest trade developments, including a 50% U.S. tariff on imported copper\u00a0that President Donald Trump announced Wednesday night, as well as a\u00a050% tariff on Brazil<\/a>.<\/p>\n

Trump earlier told NBC News’ Kristen Welker late Thursday that letters could be sent to Canada and the European Union with the latest tariff proposals as soon as today.<\/p>\n

The rally in stocks began Wednesday, after Nvidia briefly touched a $4 trillion market cap for first time, launching a rally in tech names. On Thursday, consumer discretionary was the top performing sector in the market.<\/p>\n

The economy needs to continue to stay resilient, however, for the rally to be sustainable, warned Drew Pettit, Citi’s U.S. equity strategy director.<\/p>\n

“Structurally, we’re not there yet. Fundamentally, I don’t think we’re there yet,” he told CNBC’s “Closing Bell Overtime” Thursday. “If you want these types of sectors to continue to outperform more than just a tactical trade, you’re going to need the macro data to hold in there and the Fed to cut rates. It’s not an either or, structurally, I think it’s both and we’re not quite there.”<\/p>\n

The major averages are on pace to end the week little changed, with the Dow hovering just under the flat line on a weekly basis and the S&P and Nasdaq higher by less than 1%.<\/p>\n

Investors are looking ahead to the Treasury Department’s monthly treasury statement at 2 p.m. ET Friday.<\/p>\n","protected":false},"excerpt":{"rendered":"Traders work on the floor of the New York Stock Exchange (NYSE) on July 07, 2025, in New…\n","protected":false},"author":3,"featured_media":55811,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[24455,133,64,81,2147,69,138,144,3346,135,139,143,145,134,67,132,68],"class_list":{"0":"post-55810","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-breaking-news-major","9":"tag-breaking-news-markets","10":"tag-business","11":"tag-business-news","12":"tag-canada","13":"tag-donald-trump","14":"tag-dow-jones-fut-mar23","15":"tag-dow-jones-industrial-average","16":"tag-investment-strategy","17":"tag-markets","18":"tag-nasdaq-100-fut-mar23","19":"tag-nasdaq-composite","20":"tag-sp-500-index","21":"tag-stock-markets","22":"tag-united-states","23":"tag-unitedstates","24":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/114832500543188464","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/55810","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=55810"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/55810\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/55811"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=55810"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=55810"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=55810"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}