28 Jul 2025, 23:54
US Actions Increase After Announcement of Trade Agreement with the EU
- The agreement with the EU reduced the tariff on imported goods by 15%.
- S&P 500 stocks reached a record, while the Dow Jones decreased.
- The Federal Reserve of the USA announced a decision on interest rates in the middle.
July 28, 2025 - US actions continue to rise after the announcement of the agreement between the USA and the European Union regarding a 15% tariff on imports from the EU, which is less than the previously imposed 30% tariff. This news has impacted the markets, including the S&P 500 index reaching a record, while Nasdaq increased by 0.3% to a new maximum.
At the beginning of the week, the Dow Jones index decreased by 64 points to 44,837.56, while the S&P 500 increased by 1.13 to 6,389.77. Traders are awaiting important economic data, including the employment report, scheduled for Friday.
The trade agreement reached between the presidents of the USA and the EU addresses part of the uncertainty in the market. However, some details of the agreement remain uncertain, which may impact future market fluctuations. Investors are also watching for the Federal Reserve's decision regarding interest rates, which will be announced in the middle of the week.
In addition, companies like Tesla have shown positive results due to the agreement with Samsung Electronics for chip supply. However, shares of Revvity fell by 8.3% due to a disappointing profit forecast.
On international markets, stocks in Europe showed mixed results, while Chinese stocks rose ahead of trade negotiations with the USA, taking place in Sweden.
Tags: USA/Europe/Economy