US stocks ended Tuesday with a mixed performance as investors absorbed robust Q2 earnings and fresh trade news. The Dow gained 0.4% to close at 44,502.44, while the S&P 500 inched up to 6,309.62—another record close. Meanwhile, the Nasdaq slipped by 0.39% to settle at 20,892.69 as losses in major tech stocks weighed on the index. 📊
Sectors like health care and real estate led the rally with gains of 1.9% and 1.78%, respectively, while technology and communication services experienced slight declines. A key boost came when US President Donald Trump announced a new trade agreement with the Philippines, sparking optimism for broader progress in global trade. 🌏🤝
So far, 88 of the S&P 500 companies have reported their Q2 earnings, with over 82% beating analysts' expectations according to FactSet. All eyes are now on upcoming reports from megabucks like Alphabet and Tesla as investors look to gauge trends among the tech giants.
Stay tuned as the market continues to evolve and shape the global financial landscape!
Reference(s):
cgtn.com
