Overview
On July 24, 2025, the U.S. stock market ended positively, bolstered by Google’s impressive earnings, which confirmed strong demand for AI technology. This has been a driving force during the earnings season, with 83% of reporting companies exceeding Wall Street expectations. This ongoing trend could result in the highest earnings surprise rate since Q2 2020.
| Nasdaq Composite | S&P 500 |
| Dow Jones Industrial Average | 1 South Korean won equals |
A Major News Story
Google's exceptional earnings in the AI sector significantly boosted tech stocks, while positive trade negotiation signals between the United States and Japan further supported investor confidence. However, Tesla's stock dropped by 8.2% following Elon Musk's warning of challenging times ahead. Additionally, United States' stock fell 4.8% due to a Department of Justice investigation into Medicare practices, and American Airlines faced a nearly 10% decline due to weak demand signals.
Tomorrow's Economic Indicators
| Time | Indicator |
| 20:30 | U.S. Durable Goods Orders |
| 22:00 | U.S. Baker Hughes Oil Rig Count |
A General Opinion
The strong demand for AI and positive trade talks continue to support the market, although disappointing forecasts from some companies pose challenges. Economic indicators, such as the continued decline in new jobless claims, paint a positive picture of the labor market, which is pushing interest rates higher. However, potential interest rate cuts remain uncertain amid mixed economic signals. Investors should remain attentive to economic data and policy developments.
