Meta and Microsoft surge on earnings, lifting ETFs like QQQ, VOO, and VUG as AI momentum and U.S. growth drive market gains.
US GDP grew 3% in Q2, much stronger than expected and despite tariffs turmoil that began in April.
The S&P 500 more or less flatlined yesterday despite big tariffs news. It's moving higher today on positive earnings reports from multiple S&P 500 components.
US and EU trade representatives struck a deal to lower tariffs on EU exports to the US last night.
S&P 500's sharp 28% rebound from April formed a V-shaped recovery as earnings upgrades and fading tariff fears fueled optimism. Bet on ETFs like SPY, IVV and VOO.
Trade deals helped push the S&P 500 to record highs earlier in the week, and Friday could push the market even higher.
The S&P 500 enters Thursday trading right where it left off Wednesday night — neither up nor down.
Japan and the U.S. reached a new trade agreement last night that will see tariffs lowered on Japanese car exports, $550 billion in new Japanese investments in the U.S.
Bloomberg reports that Google is recruiting news agencies to join a new AI project.
The S&P 500 is hovering around record highs as strong earnings and economic data fuel gains, but high valuations heighten risks. Keep a close track of SPY, IVV, SPYD and SPYV.
President Trump's August 1 deadline for foreign nations wanting to sign trade agreements with the U.S.
The Vanguard S&P 500 ETF hit an all-time high last night, and earnings are driving it even higher on Friday.