US stock market today: Dow dips as Tesla crashes 9%, Alphabet surges on AI bets, trade optimism lifts S&P 500 and Nasdaq
Dow Jones Industrial Average dropped approximately 0.6%, led lower by heavy losses in IBM and UnitedHealth, and added pressure from airline stocks like American Airlines.
dropped approximately 0.6%, led lower by heavy losses in IBM and UnitedHealth, and added pressure from airline stocks like American Airlines. S&P 500 remained slightly positive, buoyed by gains in big tech and continued resilience in the consumer and healthcare sectors.
remained slightly positive, buoyed by gains in big tech and continued resilience in the consumer and healthcare sectors. Nasdaq Composite rose modestly, helped by Alphabet's strong earnings performance and broader tech optimism.
Big Tech Earnings Move Markets
Alphabet (GOOGL) Surges on AI Investment and Strong Revenue Beat
Tesla (TSLA) Slides 9% After Conservative Guidance
Live Events
Sector Performance: Airlines, Tech, Industrials
✈️ Airlines Sink on Weak Forecasts
💻 Tech Stocks Remain Resilient
⚙️ Industrials Under Pressure
Trade News Lends Support to Sentiment
Treasury Yields Rise, But Calm Prevails
What to Watch Going Forward
More earnings from key players like Intel, Chipotle, T-Mobile, and ServiceNow.
from key players like Intel, Chipotle, T-Mobile, and ServiceNow. Economic data , including durable goods orders, personal consumption expenditures (PCE) inflation, and GDP numbers.
, including durable goods orders, personal consumption expenditures (PCE) inflation, and GDP numbers. Federal Reserve commentary , especially any hints on whether interest rates have peaked.
, especially any hints on whether interest rates have peaked. Further trade updates, especially from the upcoming U.S.–China negotiations in Stockholm next week.
US Stock Market Today Summary (July 24, 2025)
Index Level Change Dow Jones 35,820.45 ▼ -0.62% S&P 500 5,685.20 ▲ +0.17% Nasdaq 19,832.75 ▲ +0.21%
Key Takeaways for Investors
Earnings Matter: Alphabet's strong performance highlights the ongoing dominance of tech giants, while Tesla's fall shows that growth expectations are being closely scrutinized.
Sector Sensitivity: Airlines and industrials are especially vulnerable to macro pressures like fuel costs and demand cycles.
Trade Positivity Helps: Progress in US-EU and US-Japan deals is buoying investor sentiment at a critical time.
Economic Data Still Supports Market Stability: Jobless claims and calm bond markets suggest no immediate economic storm—yet.
Rotation in Play: Investors appear to be rotating between defensives, tech, and select consumer plays, awaiting more clarity on interest rates and earnings.
FAQs:
(You can now subscribe to our
(You can now subscribe to our Economic Times WhatsApp channel
US Stock market today opened with mixed sentiment on Wall Street as major indexes responded to a flurry of corporate earnings reports, rising Treasury yields, and continued optimism around trade negotiations. The Dow Jones Industrial Average fell into the red, while the S&P 500 and Nasdaq Composite held onto modest gains thanks to strength in tech stocks—particularly a strong performance from Alphabet (Google), even as Tesla stumbled following a cautious outlook.With major earnings, including from Tesla and Google, plus ongoing US-EU and US-Japan trade developments, investors found themselves navigating a market filled with both opportunity and caution.Alphabet stock jumped overafter reporting second-quarter earnings that easily beat Wall Street expectations. The company saw significant growth in its cloud division and advertising revenue, while it also announced plans to increase its AI infrastructure spending by $10 billion. This bullish move reassured investors that Alphabet is positioning itself as a long-term leader in the AI space.The positive results helped lift sentiment across the Nasdaq and tech sector overall, which had been awaiting clarity from mega-cap earnings.Despite matching revenue expectations for Q2, Tesla stock tumbled nearly 9% following a cautious forward outlook. CEO Elon Musk cited uncertainty surrounding global electric vehicle demand, rising competition, and the likely wind-down of several global EV subsidies. The market reacted swiftly, with investors locking in profits and expressing concern over Tesla's slower growth outlook.The decline in Tesla weighed heavily on both the Nasdaq and investor confidence in the broader EV market, with stocks like Rivian and Lucid also trading lower.American Airlines was one of the biggest individual losers today, down overafter issuingfor the second half of 2025. The company cited fuel price volatility, softening domestic travel demand, and higher labor costs. Southwest Airlines and Delta also followed suit with sharp declines of 4–6%.Apart from Tesla's fall, the broader tech sector remained one of the strongest performers. Microsoft, Meta Platforms, and Nvidia posted modest gains as investors continued rotating back into growth stocks amid hopes that rate hikes may be over for now.IBM shares plunged, dragging the industrials sector lower after reporting lackluster revenue in its enterprise software division. Similarly, Honeywell fell 6% as investors digested a weaker-than-expected earnings report despite solid demand in aerospace.Investors also kept a close watch on global trade developments. The White House announced progress in, with reports suggesting a deal may be finalized by early August. Additionally, the recent, which aims to reduce certain import duties by 15%, has been viewed positively by the markets.These trade developments helped offset some of the anxiety around disappointing earnings and inflation pressures, providing a steady floor to the broader market.U.S. Treasury yields moved slightly higher, with the 10-year yield reaching 4.43%, reflecting steady economic data and rising investor expectations for a 'soft landing' scenario. Notably, the S&P 500 has now gone a full month without a 1% daily move, a rare signal of market calmness.Investors interpreted today's weekly jobless claims, which came in at 228,000, as a sign of continued labor market strength without overheating—something the Federal Reserve may welcome as it approaches its next interest rate decision.The market's attention now shifts to:Investors will be looking for signs that the rally, led by big tech, can be sustained and supported by earnings from other sectors.While the stock market today reflects a mixed tone, with the Dow underperforming and Nasdaq gaining, investors remain cautiously optimistic. With Alphabet's AI push offering a silver lining and Tesla's outlook causing a pullback, the market is navigating a tightrope between tech strength and economic caution.Trade developments, upcoming economic reports, and the remainder of Q2 earnings will determine whether the current calm persists or new volatility emerges.The Dow fell, but S&P 500 and Nasdaq rose slightly due to Alphabet's gains and Tesla's sharp drop.Tesla gave a cautious outlook even after meeting Q2 estimates, which worried investors.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
News18
an hour ago
- News18
Wall Street coasts for now ahead of week packed with potential flashpoints
New York, Jul 28 (AP) US stock indexes are drifting on Monday after the United States agreed to tax cars and other products coming from the European Union at a 15 per cent rate, lower than President Donald Trump had earlier threatened. Many details are still to be worked out, though, and Wall Street is heading into a week full of potential flashpoints that could shake markets. The S&P 500 was virtually unchanged in midday trading after setting an all-time high every day last week. The Dow Jones Industrial Average was down 8 points, or less than 0.1 per cent, as of 11:30 am Eastern time, and the Nasdaq composite was 0.2 per cent higher, coming off its own record. Tesla added 3.5 per cent after its CEO, Elon Musk, said it signed a deal with Samsung Electronics that could be worth more than USD16.5 billion to provide chips for the electric-vehicle company. Samsung's stock in South Korea jumped 6.8 per cent. Other companies in the chip and artificial-intelligence industries were strong, continuing their run from last week after Alphabet said it was increasing its spending on AI chips and other investments by USD10 billion to USD85 billion this year. Chip company Advanced Micro Devices rose 3.7 per cent, and server-maker Super Micro Computer climbed 6.7 per cent. They helped offset a 9.7 per cent drop for Revvity. The company in the life sciences and diagnostics businesses reported a stronger profit for the latest quarter than Wall Street expected, but it also gave a forecasted range for profit over the full year whose midpoint fell below analysts' estimates. Companies are broadly under pressure to deliver solid growth in profits following big jumps in their stock prices the last few months. Much of the gain was due to hopes that Trump would walk back some of his stiff proposed tariffs, and critics say the broad US stock market looks expensive unless companies produce bigger profits to justify the moves. Many more fireworks may be ahead this week. 'This is about as busy as a week can get in the markets," according to Chris Larkin, managing director, trading and investing, at E-Trade from Morgan Stanley. Hundreds of US companies are lined up to report how much profit they made during the spring, with nearly a third of all the businesses in the S&P 500 index scheduled to deliver updates. That includes market heavyweights Apple, Amazon, Meta Platforms and Microsoft. Those companies have grown so huge that their stock movements can almost solely dictate what the overall S&P 500 index does. Microsoft alone is worth roughly USD 3.8 trillion, On Wednesday, the Federal Reserve will announce its latest decision on interest rates. Trump has been loudly and angrily calling for the Fed to cut interest rates, a move that could give the economy a boost. But Fed Chair Jerome Powell has been insisting that he wants to wait for more data about how Trump's tariffs are affecting the economy and inflation before the Fed makes its next move. Lower interest rates can give inflation more fuel, and the economy only recently came out of its scarring run where inflation briefly topped 9 per cent. The widespread expectation on Wall Street is that Fed officials will wait until September to resume cutting interest rates, though a couple of Trump's appointees could dissent in the vote. The Fed has been on hold with interest rates this year since cutting them several times at the end of 2024. This week will also feature several potentially market-moving updates about the economy. On Tuesday will come reports on how confident US consumers are feeling and how many jobs openings US employers were advertising. Wednesday will show the first estimate of how quickly the US economy grew during the spring, and economists expect to see a slowdown from the first three months of the year. On Thursday, the latest measure of inflation that the Federal Reserve prefers to use will arrive. A modest reading could give the Fed more leeway to cut interest rates in the short term, while a hotter-than-expected figure could make it more cautious. And Friday will bring an update on how many more workers US employers hired during June than they fired. Treasury yields held relatively steady in the bond market ahead of all that action. The yield on the 10-year Treasury edged up to 4.41 per cent from 4.40 per cent late Friday. The two-year Treasury yield, which more closely tracks expectations for Fed action, rose to 3.93 per cent from 3.91 per cent. In stock markets abroad, indexes dipped in Europe following the announcement of the trade deal's framework. top videos View all Chinese stocks rose as officials from the world's second-largest economy prepared to meet with a US delegation in Sweden for trade talks. Stocks climbed 0.7 per cent in Hong Kong and 0.1 per cent in Shanghai. Indexes were mixed across the rest of Asia, where Japan's Nikkei 225 fell 1.1 per cent for one of the world's bigger losses. (AP) RD RD (This story has not been edited by News18 staff and is published from a syndicated news agency feed - PTI) First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
India.com
2 hours ago
- India.com
Operation Sindoor: Modi government upgrades India's defense capabilities, Pumps in Rs 3000000000000 to procure..., Army gets Rs 360000000000 for…
Rs 360000000000 deal: 'Baby S-400' ready to create havoc, weakness of Operation Sindoor will be…, Pakistan in tension because… New Delhi: The Modi government is working relentlessly to upgrade India's defense capabilities. According to the reports, the Central government has pumped in Rs 3 lakh crore into military modernisation and is on a mission to acquire or indigenously develop fighter jets, submarines and advanced missile systems. One by one, big-ticket purchases are being cleared, and the pace is relentless. To recall, earlier this month, the Ministry of Defence approved military procurements worth over Rs 1 lakh crore. Among them, Rs 44,000 crore has been set aside for 12 Mine Counter Measure Vessels and Rs 36,000 crore has been sanctioned for six regiments of the Quick Reaction Surface-to-Air Missile system, better known as QRSAM. It is important to note that these six QRSAM regimenhe QRSAM isn't just any system. It's being called the 'Baby S-400″, a nod to its smaller size but strategic will be split evenly between the Indian Air Force and the Army. However, reports suggest that there is only a fraction of what the armed forces actually asked for. The Army had requested 11 regiments but received only three. The Air Force's separate request also went unfulfilled. Had both services been granted their full requirement of 11 regiments each, the total cost would have escalated to ₹1.12 lakh crore. However, the government chose to scale back. The QRSAM isn't just any system. It's being called the 'Baby S-400″, a nod to its smaller size but strategic importance. Baby S-400: The S-400 is developed by the DRDO The S-400 is the air defence system that can neutralise enemy aircraft, drones, and missiles within a 30 km radius. While that range may seem modest compared to the 400 km reach of the Russian-origin S-400 and the 100–200 km envelope of the Akash system, QRSAM's quick reaction time and battlefield mobility give it a distinct tactical edge. India currently operates three S-400 regiments, with two more slated for delivery next year. Operation Sindoor demonstrated the level of aerial defence coordination made possible by these systems, with Indian forces deploying both S-400 and Akash platforms to counter potential threats. However, a gap remained—particularly in effectively responding to drone swarms and low-flying objects in real time.
Economic Times
2 hours ago
- Economic Times
US stock market rallies as US–EU trade deal, Nvidia and Tesla gains lift S&P 500, Nasdaq to new highs while Dow lags
Synopsis US stock market eyes pivotal breakout as a new U.S.–EU trade deal eases tariff tensions and lifts investor confidence at the start of a packed week. The S&P 500 and Nasdaq reached fresh highs, fueled by rising tech and energy stocks like Nvidia, Tesla, and Cheniere Energy. Meanwhile, the Dow held steady, reflecting cautious optimism ahead of major events. With the Federal Reserve interest rate decision, inflation data, and tech earnings on the horizon, investors are watching closely. TIL Creatives The U.S. stock market opened the week with a cautiously optimistic tone as Wall Street reacted to a new trade agreement between the U.S. and the European Union. This positive development eased fears of a full-blown tariff war and gave investors some breathing room ahead of a week packed with major earnings reports, critical economic data, and a pivotal Federal Reserve meeting. While the S&P 500 and Nasdaq pushed to fresh highs thanks to gains in tech and energy stocks, the Dow remained mostly flat, reflecting a still-watchful market mood. US stock market today: trade deal optimism and big earnings week lift investor mood- The US stock market today started the week with cautious optimism as investors welcomed a new U.S.–EU trade agreement that eased tariff concerns and boosted global trade confidence. Major indexes like the S&P 500 and Nasdaq edged higher, driven by gains in technology, energy, and defense stocks, while the Dow Jones remained mostly flat. The deal, spearheaded by President Donald Trump, reduces transatlantic tariff tensions and opens the door for increased U.S. exports, particularly in the energy and defense sectors. This development came just ahead of what's shaping up to be a critical week on Wall Street, with mega-cap tech earnings, Federal Reserve decisions, and key economic data releases all lined up. S&P 500 rose approximately 0.1% today, flirting with record territory as tech and energy stocks rallied. rose approximately 0.1% today, flirting with record territory as tech and energy stocks rallied. Nasdaq Composite led the market higher with gains around 0.4%, driven by strong performance among AI-related and semiconductor names. led the market higher with gains around 0.4%, driven by strong performance among AI-related and semiconductor names. Dow Jones Industrial Average was nearly unchanged, edging up just a few tenths of a percent. The Dow Jones Industrial Average opened slightly lower, slipping by about 0.1%, reflecting cautious sentiment as investors weighed the long-term impact of the trade accord. However, the S&P 500 rose about 0.14%, while the Nasdaq Composite gained around 0.3% to 0.4% in early trading. Both indices touched fresh record highs, signaling strong momentum in growth and tech-heavy sectors. Tech stocks were the clear winners of the morning session. Nvidia surged to a new all-time high, benefiting from the ongoing AI boom and anticipation around upcoming earnings. Tesla shares also rallied following news of a $16.5 billion AI chip partnership with Samsung, which strengthens Tesla's position in the autonomous vehicle and energy grid software space. Meanwhile, Apple, Amazon, and Meta—all scheduled to report earnings this week—traded higher as expectations built around strong revenue performance amid robust demand and ongoing AI integration into their ecosystems. Nvidia (NVDA) – Surged on continued AI momentum and upcoming earnings. Tesla (TSLA) – Gained on a $16.5B AI chip partnership with Samsung. Apple (AAPL), Amazon (AMZN), Meta (META), Microsoft (MSFT) – Big techs set to report earnings this week. Cheniere Energy (LNG), NextDecade (NEXT) – Benefiting from EU's $750B energy purchase deal. Lockheed Martin (LMT), RTX Corp. (RTX) – Defense stocks rally on EU import commitments. Nike (NKE) – Rose after JPMorgan upgraded the stock. The U.S.-EU trade deal included a significant commitment from Europe to purchase $750 billion worth of U.S. energy products. This sent stocks like Cheniere Energy and NextDecade soaring, as investors bet on a long-term export boom in liquefied natural gas (LNG) and related infrastructure. Defense contractors also saw a bump, with Lockheed Martin, RTX, and Northrop Grumman gaining ground. Analysts expect European nations to ramp up U.S. defense imports amid ongoing geopolitical tensions and shifting security policies. Even with the trade deal easing short-term tensions, market participants are bracing for a volatile week due to upcoming macroeconomic triggers. The Federal Reserve is set to announce its latest interest rate decision on Wednesday, with traders expecting the central bank to hold rates steady but offer clues on future easing. In addition, investors are closely watching the GDP growth figures, June PCE inflation report, consumer confidence index, and July jobs data, all of which could heavily influence near-term market direction and sentiment. Recent economic indicators suggest inflation is cooling steadily while consumer spending remains resilient. This dual effect is reinforcing a soft-landing narrative, which many on Wall Street are embracing with cautious optimism. Combined with strong quarterly earnings reports from key sectors like tech, finance, and healthcare, the market outlook for Q3 appears more stable than initially feared. However, some analysts warn that valuations remain stretched, especially in the technology space, and any miss in earnings or hawkish surprise from the Fed could quickly shift the tone. In individual stock movers, Nike shares rose nearly 4% after JPMorgan upgraded the company from 'neutral' to 'overweight.' The firm cited renewed momentum in international orders and improving margins in key regions such as Asia-Pacific and Europe. This upgrade sparked renewed interest in consumer discretionary stocks, which have underperformed in recent months due to inflation and inventory headwinds. While today's trade-driven bounce adds fuel to the recent rally, market participants are well aware that several risk events loom large. The U.S. economy is at a pivotal juncture—too much Fed tightening or disappointing economic data could derail the rally. On the other hand, signs of disinflation and strong corporate earnings could push the S&P 500 and Nasdaq to even higher highs. Investors are advised to watch key earnings (especially Apple, Amazon, Microsoft, Meta, and Alphabet), listen to Fed Chair Jerome Powell's tone, and monitor real-time macro releases to gauge short-term risks. Index Movement Notes Dow Jones -0.1% Slight dip; traders await Fed guidance S&P 500 +0.14% Near record highs; tech drives gains Nasdaq +0.35% New highs; AI and chip stocks rally Federal Reserve meeting – Interest rate decision (Wednesday) Apple, Amazon, Meta, Microsoft earnings – Critical tech results GDP growth rate – Q2 data to assess economic strength Core PCE index – Key inflation gauge the Fed watches July jobs report – Labor market health and wage trends These events have the potential to cause significant volatility across sectors, particularly in tech, financials, and consumer discretionary. Monday's early gains set a hopeful tone, but the week ahead will be a real test of investor conviction. The combination of a successful U.S.-EU trade agreement and strong earnings from key sectors could sustain bullish momentum. However, macro data and central bank commentary remain wild cards. In the short term, expect rotation between sectors—with tech, energy, and defense likely to remain strong performers—while rate-sensitive sectors like real estate and banking may tread cautiously. If the Fed confirms its rate-hiking pause and economic data supports the soft-landing scenario, the S&P 500 and Nasdaq could extend their record-setting runs into August. But any sign of economic weakness or Fed hawkishness could trigger swift pullbacks. Q1: What is boosting the US stock market this week? The US-EU trade deal and upcoming tech earnings are lifting market sentiment. Q2: Why are Nvidia and Tesla stock rising? Both stocks are up due to strong AI demand and Tesla's major chip deal.
