Overview
On July 11, 2025, the U.S. stock market closed higher with the S&P 500 index increasing by 0.6%, reaching an all-time high. This surge came as the Supreme Court deferred its decision on the Trump administration's tariff policies, which temporarily caused market instability. Despite the uncertainty, the market rebounded strongly.
| Nasdaq Composite | S&P 500 |
| Dow Jones Industrial Average | 1 South Korean won equals |
A Major News Story
The Supreme Court's lack of immediate decision regarding Trump's tariff policies allowed the market to recover after a brief dip. Friday's employment report showed an increase of 50,000 jobs in the non-farm sector, with unemployment falling from 4.6% in November to 4.4%, which was viewed positively by investors. The housing construction sector saw notable gains after President Trump mandated Freddie Mac and Fannie Mae to purchase mortgage securities, reducing interest burdens for homebuyers. Intel's stock skyrocketed by nearly 11% following news of a successful meeting between the President and Intel's CEO.
Tomorrow's Economic Indicators
| Time | Indicator |
|---|---|
| July 12, 2025 | No major economic indicators expected |
General Opinion
J.P. Morgan's David Labovitch described the current economic climate as in a 'Goldilocks phase,' neither too hot nor too cold, maintaining stability. Although the employment data was slightly weaker than expected, the overall positive aspects were well-received, and no major changes in the Federal Reserve's rate policies are anticipated. The market remains on a stable trajectory.
