S&P 500, Nasdaq hit record highs on trade hopes; set for strong quarter
Reuters
The S&P 500 and Nasdaq opened at fresh record highs on Monday, as optimism over the United States striking trade deals with its key partners fueled bullish momentum, keeping the indexes on track for strong quarterly gains.
The Dow Jones Industrial Average rose 201.4 points, or 0.46 per cent, at the open to 44,020.66. The S&P 500 rose 20.3 points, or 0.33 per cent, at the open to 6,193.36, while the Nasdaq Composite rose 86.7 points, or 0.43 per cent, to 20,360.152 at the opening bell.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Time of India
3 hours ago
- Time of India
Donald Trump finalises Vietnam trade deal: 20% tariff on imports, U.S. gets full access to Vietnamese market; here's what we know
President Donald Trump announced on Truth Social that the U.S. has reached a trade agreement with Vietnam. The deal imposes a 20% tariff on Vietnamese imports to the U.S. and a 40% tariff on transshipped goods, in exchange for tariff-free U.S. access to Vietnamese markets. New tariffs and transshipment rules The new agreement sets a 20% duty on all imports from Vietnam. Additionally, any goods originating elsewhere and routed through Vietnam—commonly referred to as transshipping—will face a 40% tariff. This measure targets efforts to circumvent existing trade barriers, often by exporting from countries like China via Vietnam. Shift from the 90-day pause This announcement comes just before a 90-day moratorium on reciprocal tariffs was due to expire. That pause had temporarily reduced blanket duties on Vietnamese goods from 46% to 10%. The reinstated 20% tariff increases costs for U.S. importers, which may eventually impact consumers or suppliers. Despite this, the S&P 500 currently shows a modest rise since the news broke. Trump's statement via Truth Social In his announcement, Trump stated: 'It is my Great Honor to announce that I have just made a Trade Deal with the Socialist Republic of Vietnam... Vietnam will pay the United States a 20% Tariff on any and all goods... and a 40% Tariff on any Transshipping... In return, Vietnam will […] give the United States of America TOTAL ACCESS to their Markets for Trade.' He highlighted potential U.S. auto exports, specifically SUVs, and called his direct talks with Vietnam's General Secretary To Lam 'an absolute pleasure.' Key details—such as the deal's effective date and formal signing—remain unspecified. Broader trade context and reactions The deal fits within Trump's series of revised trade agreements during the 90-day tariff pause—following agreements with China and the U.K. Critics argue frequent tariff policy changes create economic instability and higher consumer prices. Supporters counter that these tariffs generate substantial government revenue and are not linked to inflation. Vietnam, whose exports to the U.S. represented about 30% of its GDP last year, is particularly exposed to these measures. Trump has indicated he may adjust the deadline for restoring reciprocal duties, keeping options open for future Vietnam deal introduces a 20% U.S. tariff and ends Vietnam's reduced rate, while granting American exports tariff-free access—fueling debate over economic impact.


Economic Times
3 hours ago
- Economic Times
Jaguar Stock Price: Here's current price trends, stock performance, key drivers, risks, forecast and more
TIL Creatives I visualize the falling share price of Tata Motors, with the Jaguar Land Rover logo subtly placed in the background. Jaguar's stock performance and market position have come under scrutiny after a sharp sales decline in Europe. The company's rebranding strategy and transition to electric vehicles have raised concerns among investors and long-time customers. With a limited product range and falling profits, Jaguar now faces significant Health Inc. (JAGX), listed on NASDAQ, has been facing volatility. In early July 2025, the stock traded near $0.11 per share. Over the past six months, it has declined by over 60%. The fall in stock value reflects investor concern over Jaguar's future business prospects, particularly the sales collapse in Europe. The trading volume in recent sessions has increased, suggesting high interest but limited confidence. Analysts note that the stock is in a bearish trend. Technical indicators show resistance at $0.15 and support around $0.09. The stock has not yet shown signs of recovery for Jaguar's stock remain cautious. Analysts have issued neutral to negative outlooks in the short term. Price targets are modest due to continued losses and limited product availability. Jaguar's next line-up of electric vehicles is expected in 2026. Until then, revenue generation is expected to remain company's restructuring plan has not yet yielded results. Unless Jaguar can bridge the product gap or generate alternative income, the stock may continue under pressure. Recovery depends on the success of the new electric models and regaining customer trust. In April 2025, Jaguar registered only 49 vehicle sales in Europe. This marked a 97.5% drop compared to the 1,961 units sold in April 2024. The fall followed a rebranding campaign that removed the iconic Jaguar symbol and discontinued all current replacements ready for launch, the company has few vehicles to offer. This has reduced dealer inventory and sales. Major rivals like BMW and Mercedes-Benz have continued strong performance during the same period, widening the gap between Jaguar and its new branding strategy was launched in November 2024. The campaign aimed to attract younger, urban buyers by focusing on design and minimalism. However, the advertisements did not feature vehicles. Slogans such as 'Copy Nothing' and 'Delete Ordinary' were used, creating brand's existing customer base felt alienated. Social media reactions were mostly negative. Elon Musk's viral comment, 'Do you sell cars?' reflected general consumer sentiment. The branding shift failed to connect with new audiences and weakened links with past ended production of several models including the XE, XF, F-Type, E-Pace, and I-Pace. These vehicles were removed from showrooms before replacements were introduced. The next-generation electric models are expected only in created a gap in supply. Dealers reported low inventory, and potential buyers had limited options. The absence of transitional products contributed to Jaguar's falling sales and increased frustration among loyal customers. Also Read: NYT Strands Hints Today, July 2: Theme, clues, spangram, answers and tips for excelling in the game Jaguar Land Rover has lowered its profit expectations. Losses from the drop in vehicle sales have impacted revenue. Investors remain cautious as the company navigates the brand reset and EV rollout future depends on its ability to launch new vehicles on schedule and repair its brand image. The company must also address investor concerns by aligning marketing with available products and stabilising financial situation highlights the risks of rapid brand changes without adequate product planning. Rebranding should not isolate the existing customer base. Brands like Porsche managed a smoother shift by maintaining core values while introducing Jaguar case also shows that timing matters. A campaign must align with actual product availability. Without cars to back its new image, Jaguar's marketing failed to generate results. Also Read: NYT Connections Hints Today, July 2: Categories, clues, answers and tips to master the tricky game Trading at $2.51, near its intraday low of $2.50. Low volume (~15k shares) suggests limited market activity. Technical indicators are mixed: 50‑day moving average around $5.86 implies a bearish trend. Short-Term CoinCodex projects a slight dip to $2.50 by late July 2025 (−0.15%), with bearish sentiment. consensus: 'Strong Buy' rating, 12‑month target at $60 (huge upside). Mid-Term expects a rise to $4.91 by July 2026 (≈+95%). Long-Term TradingView analytics report a wide target range: $16–$40, average at $28. Revenue Growth Q1 2025 revenue: $2.2 million from prescription and licensing. 2024 annual revenue: $11.7 million, up ~20% from 2023. Funding Activities Recent $1.5 million direct share offering. $2.95 million sold under previous ATM, with $3.38 million capacity remaining. Analyst Coverage Consensus: 'Strong Buy' from 2 analysts. Average target indicates 250%+ upside potential. Market Sentiment Fear & Greed Index at 39 ('Fear'), price volatility ~22%. July–Sept 2025: ~ $2.50, slight dip expected Mid‑2026: Rise to $4.90 forecast Long‑term: Analyst range $16–$60 Short-term momentum is weak with bearish indicators and low volume. Mid-term projections are positive if revenue growth continues and dilution is managed. Long-term targets rely heavily on optimistic analyst assumptions and major operational success. Risk factors: ongoing dilution, variable revenues, and unproven commercial product pipeline. Upside potential: strong if the company achieves its growth targets and manages funding needs efficiently. What is Jaguar's current stock price and outlook? Jaguar Health Inc. trades around $0.11. The outlook is cautious due to sales declines, low inventory, and uncertainty around its upcoming EV launch. When will Jaguar launch new electric vehicles? Jaguar's new electric models are expected in 2026. Until then, most dealerships have limited stock, which affects sales and investor confidence.


Time of India
3 hours ago
- Time of India
Nvidia, Microsoft, Apple, Amazon, Alphabet, Meta Platforms, Tesla share prices: How are magnificent stocks performing. Should you buy or sale?
Nvidia, Microsoft, Apple, Amazon, Google-parent Alphabet, Meta Platforms, and Tesla are known as magnificent stocks. Share prices of these companies also drive curiosity among Wall Street investors. US stock market indexes -- S&P 500, Dow Jones Industrial Average, and Nasdaq are generally driven these so-called magnificent stocks. On Wednesday, S&P 500 was up by 0.2 per cent in midday trading, coming off its first loss after hitting all-time highs in back-to-back days. The Dow Jones Industrial Average was up by 13 points, or less than 0.1 per cent, and the Nasdaq composite was 0.7 per cent higher. Apple Inc (AAPL) Share Price Apple Inc is a equity in the USA market. The price is $211.8 currently with a change of $3.98 from the previous close. The latest open price was $209. Microsoft (MSFT) Share Price Microsoft Corporation share price is $492.14 currently with a change of $0.09 from the previous close. The latest open price was $489.99. NVIDIA (NVDA) Share Price NVIDIA Corp share price is $156.42 currently with a change of $3.12 (0.02%) from the previous close. The latest open price was $153.08. Alphabet (GOOGL) Share Price Alphabet Inc share price is $177.64 currently with a change of $1.80 (0.01%) from the previous close. The latest open price was $175.7. Amazon (AMZN) Share Price Inc. share price is $220.59 currently with a change of $0.13 (0.00%) from the previous close. The latest open price was $219.74. Meta Platforms (META) Share Price Meta Platforms share price is $717.23 currently with a change of -$1.99 (-0.00%) from the previous close. The latest open price was $715.325. Tesla Inc (TSLA) Share Price Tesla Inc share price is $314.17 currently with a change of $13.46 (0.04%) from the previous close. The latest open price was $312.4. Here's an updated breakdown of the "Magnificent Seven" stocks: Apple (AAPL) Market Cap & Valuation : Around $3.28 trillion, PE ~33.7, EPS ~6.42. Analyst Outlook : Mixed. JPMorgan cut its 12‑month target to $230 (from $240), citing weaker iPhone 17 demand. But bullish analysts remain, with Evercore at $275 or a bull case of $375, Bernstein at $260, and Wedbush pushing a street-high $325 based on AI-driven device upgrades. Forecast Range : Median target ~$230; upside to $270–$325 in optimistic forecasts . Verdict : Generally a Buy/Hold —upsides rely on AI integration, new products (foldable phone, Vision Pro), and leveraging its ecosystem. Key risks: tariffs, macro headwinds, and execution delays. Microsoft (MSFT) Market Cap : ~$2.79 trillion, PE ~28.9, EPS ~12.9 . Outlook : Not deeply covered in news search, but benefiting from enterprise AI demand and Azure growth. Analysts forecast continued strength. Nvidia (NVDA) Market Cap & Valuation : ~$3.77 trillion, trading near $156.42, PE ~35× . Price Targets : Loop Capital raised to $250–$250; Wedbush sees potential to $4T+ market cap; some bullish forecasts to ~$342 by year-end. Forecast Range : Near-term $200–$300; very bullish long-term trends to $342+ . Outlook : Entry in AI hardware, especially Blackwell chips, secures dominance; strong risk‑reward. Buy , especially on dip. Alphabet (GOOGL) Market Cap : ~$1.87 trillion, PE ~16.9, EPS ~9.15. Outlook : Not featured in recent search – but holds stable growth via AI, search, and cloud. Amazon (AMZN) Current Price : $220.59 . Outlook : Not in news summary, but AWS's AI/cloud business continues to be the key driver. Meta (META) Market Cap : ~$1.46 trillion, PE ~21.9, EPS ~25.6. Outlook : No direct price targets seen; generally viewed as cheap for its AI/metaverse pivot. Tesla (TSLA) Current Price : $314.17 Outlook : Not included in current searches, but remains volatile on execution, EV demand, and innovation. Ticker Market Cap PE Ratio 12‑Mo Target Analyst Rating AAPL $3.28 T 33.7 $230–$325 Buy/Hold MSFT $2.79 T 28.9 – Bullish NVDA $3.77 T ~35 $250–$342 Strong Buy GOOGL $1.87 T 16.9 – Stable Growth AMZN – – – Cloud‑driven META $1.46 T 21.9 – Fair Value TSLA – – – Execution Risk Verdict: Buy or Sell? Strong Buy : Nvidia—dominant in AI chips, great growth runway, bullish forecasts. Buy/Hold : Apple—mixed short‑term but long-term upside from AI, new form factors, and services. Buy/Hold : Microsoft, Alphabet, Amazon, Meta—solid fundamentals and AI/cloud tailwinds. Hold : Tesla—depends on EV cycle, margins, and global growth. Company Net Worth (Market Cap Overview) Apple: $3.28 T Microsoft: $2.79 T Nvidia: ~$3.77 T Alphabet: $1.87 T Meta: $1.46 T Amazon: (in mid-$2 T range, price suggests) Tesla: ~$0.65 T (based on share price) Final Thoughts Nvidia is the standout name with the most aggressive growth forecasts and is widely perceived as a Buy. Apple shows strong long-term potential but faces short-term headwinds; treat dips as possible opportunities. The other five are broadly solid Buy/Hold given their entrenched positions in AI/cloud ecosystem. FAQs Q1. What are magnificent stocks? A1. Magnificent stocks are Nvidia, Microsoft, Apple, Amazon, Google-parent Alphabet, Meta Platforms, and Tesla. Q2. What are key indexes of US Stock Market? A2. US stock market indexes are S&P 500, Dow Jones Industrial Average, and Nasdaq.