{"id":6036,"date":"2025-07-28T14:23:37","date_gmt":"2025-07-28T14:23:37","guid":{"rendered":"https:\/\/bitunikey.com\/news\/sp-500-nasdaq-edge-higher-amid-u-s-eu-trade-deal\/"},"modified":"2025-07-28T14:23:40","modified_gmt":"2025-07-28T14:23:40","slug":"sp-500-nasdaq-edge-higher-amid-u-s-eu-trade-deal","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/sp-500-nasdaq-edge-higher-amid-u-s-eu-trade-deal\/","title":{"rendered":"S&amp;P 500, Nasdaq edge higher amid U.S.-EU trade deal"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">U.S. stocks rose slightly as investors looked to ride upbeat sentiment pegged to a United States and European Union trade agreement.<\/p>\n<div id=\"cn-block-summary-block_c2991e79d044486fa93dc25ce4c8756e\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Stocks opened higher on Monday, with the benchmark indexes Dow Jones Industrial Average, S&amp;P 500 and Nasdaq all up.<\/li>\n<li>Market is upbeat amid a trade deal between the United States and European Union.<\/li>\n<li>The week will be punctuated by Big Tech earnings, Federal Reserve meeting and key data releases.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>While the Dow Jones Industrial Average hovered 30 points down, the benchmark index S&amp;P 500 added 0.13% to begin the week up. Meanwhile, Nasdaq gained 0.34% to extend its upside following a run to a record high, with the index helped by Wall Street\u2019s reaction to quarterly earnings reports.\u00a0<\/p>\n<p>Overall, stocks opened Monday bullish on the back of positive news that the U.S. and EU have agreed to a major trade deal. That sets the stage for a huge week, with the main things to watch including Big Tech earnings, the two-day Federal Reserve meeting, economic data releases and the Aug. 1 tariffs deadline.<\/p>\n<p>While Dow, S&amp;P 500 and Nasdaq eye more gains, cryptocurrencies are looking to bounce further. Bitcoin (BTC) however continues to consolidate below $119k as Ethereum (ETH) targets the $4,000 mark.\u00a0<\/p>\n<p>Meanwhile, Treasury yields hovered little changed as the Fed\u2019s meeting and inflation data come into focus. The 10-year Treasury yield was at 4.39% and the 2-year yield at 3.92%.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">U.S.-EU agree trade deal<\/h2>\n<p>Global trade has remained a key factor in the market since the \u201cLiberation Day\u201d tariffs salvo by President Donald Trump.\u00a0<\/p>\n<p>Stocks have seesawed and heaved since, although investors have adopted a largely bullish stance following key deals and agreements. Recently, it was a Japan-U.S. deal that buoyed markets, and the latest development on this front saw the same reaction on Wall Street.<\/p>\n<p>Notably,\u00a0 the U.S. and European Union have agreed to a trade pact that outlines a baseline 15% tariff on most goods from the EU, with this half of the 30% levy President Donald Trump had threatened the bloc if a deal hadn\u2019t been reached by Aug. 1. It also includes a $750 billion commitment by the EU to purchase U.S. energy and $600 billion investment.\u00a0<\/p>\n<p>The US and Japan deal also included a $550 billion investment commitment by Tokyo.<\/p>\n<p>As investors weigh the EU deal, part of the focus will be on <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/finance.yahoo.com\/news\/us-china-launch-talks-tariff-020350429.html\" target=\"_blank\">U.S.-China trade talks<\/a> happening in Stockholm, with earlier reports indicating an agreement that first pushes the Aug. 12 deadline further by another 90-days.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>U.S. stocks rose slightly as investors looked to ride upbeat sentiment pegged to a United States and European Union trade agreement. Summary Stocks opened higher on Monday, with the benchmark&hellip;<\/p>\n","protected":false},"author":1,"featured_media":4349,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6036","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/6036","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=6036"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/6036\/revisions"}],"predecessor-version":[{"id":6037,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/6036\/revisions\/6037"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/4349"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=6036"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=6036"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=6036"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}