FX.co ★ US Market News Digest for July 24

US economy remains resilient

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 and trade relations with other nations.

Stable employment data and steady consumer spending are also reinforcing market confidence. Follow the link for details.

Trump unveils 'greatest trade deal ever'

Donald Trump has announced what he calls the "greatest trade deal ever," offering Japan reduced tariffs on auto imports.

However, the deal lacks specific commitments, raising doubts about its substance and the benefits for the United States.

Experts suggest that the agreement is more political than economic in nature. Follow the link for details.

Market hits fresh high on tech sector surge

Wall Street stocks reached new record highs, driven by gains in Nvidia and GE Vernova and boosted by expectations of a US-EU trade agreement.

Current market focus is on Tesla's upcoming earnings report and potential changes in tariff policy.

Analysts believe that the tech sector will continue to lead the market in the coming weeks. Follow the link for details.

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