S&P 500 & Nasdaq Notch New All-Time Closing Highs
Markets lost a bit of steam mid-session this Monday, but a late surge into the close brought the S&P 500 and the Nasdaq indexes to new record closing highs. The Dow dipped slightly: -64 points, -0.14%, while the S&P 500 grew a mere 1 point, +0.02%, and the Nasdaq came up +70 points, +0.33%. The small-cap Russell 2000 also finished the day slightly in the red: -4 points, -0.19%.
From April 9th lows — the day President Trump put a pause on his draconian tariff policy with nearly all U.S. trading partners — we see sizable gains across the board: the Dow +16%, the Russell 2000 +21%, the S&P 500 +23% and the tech-heavy Nasdaq, carrying the lion's share of the AI trade which has led markets all year, is up close to +30% over these 16 some-odd weeks.
Earnings Reports After Today's Close
Electronic design automation software company Cadence Design Systems CDNS is up big after an impressive showing in its Q2 report released after the closing bell. Earnings of $1.65 per share improved over the $1.57 in the Zacks consensus, which itself depicted growth of more than +22% year over year. Revenues of $1.28 billion neatly overtook estimates of $1.26 billion — also up big year over year. Guidance for full-year 2025 is the icing on the cake. Shares are up +7.5% in late trading at this hour.
Household durable goods manufacturer Whirlpool WHR, on the other hand, missed expectations on its bottom line by two solid dimes to $1.34 per share, while meeting the $3.77 billion in the Zacks consensus exactly on the top line. North America orders outperformed expectations, but still came in -4.6% year over year. Full-year guidance for earnings is well off what analysts had previous thought, and have come down on the top line too. Shares have fallen -12.5% in the after market.
What to Expect from the Stock Market on Tuesday
Tomorrow will be a big day for both earnings releases and economic reports. A new U.S. Trade Balance joins Retail/Wholesale Inventories for June, Case-Shiller Home Prices for May, Consumer Confidence for July and a new JOLTS (Job Openings and Labor Turnover Survey) report, also for June.
Of these, the JOLTS report marks the first metric hitting the tape for 'Jobs Week,' albeit a month in arrears from jobs data coming out later in the week. Expectations are for 7.5 million job openings last month, down from the 7.74 million reported a month ago — the highest month of the year, bouncing off March near-term lows of 7.2 million. Accommodation and Food Services, particularly in the South, had by far the most amount of job openings in last month's report.
Q2 earnings also revs up Tuesday morning, when we hear from Boeing BA, Procter & Gamble PG, Merck MRK, UnitedHealth UNH, PayPal PYPL and UPS UPS, all in the morning. After tomorrow's close, we'll get results from Starbucks SBUX and Visa V.
Finally, the first day of the two-day Federal Open Market Committee (FOMC) meetings commence. On Wednesday, the Fed will decide on new interest rate policy, but there is a more than +95% chance that no move is made on the 4.25-4.50% Fed funds rate we've seen since December of last year. Expect to hear from President Trump on this matter, however.
5 Stocks Set to Double
Each was handpicked by a Zacks expert as the favorite stock to gain +100% or more in the months ahead. They include
Stock #1: A Disruptive Force with Notable Growth and Resilience
Stock #2: Bullish Signs Signaling to Buy the Dip
Stock #3: One of the Most Compelling Investments in the Market
Stock #4: Leader In a Red-Hot Industry Poised for Growth
Stock #5: Modern Omni-Channel Platform Coiled to Spring
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. While not all picks can be winners, previous recommendations have soared +171%, +209% and +232%.
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The Boeing Company (BA): Free Stock Analysis Report
Visa Inc. (V): Free Stock Analysis Report
UnitedHealth Group Incorporated (UNH): Free Stock Analysis Report
Merck & Co., Inc. (MRK): Free Stock Analysis Report
Procter & Gamble Company (The) (PG): Free Stock Analysis Report
Starbucks Corporation (SBUX): Free Stock Analysis Report
United Parcel Service, Inc. (UPS): Free Stock Analysis Report
Whirlpool Corporation (WHR): Free Stock Analysis Report
Cadence Design Systems, Inc. (CDNS): Free Stock Analysis Report
PayPal Holdings, Inc. (PYPL): Free Stock Analysis Report
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Globe and Mail
8 minutes ago
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CTV News
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Trump says Russia will face sanctions in 10 days if it does not move to end Ukraine war
President Donald Trump listens to members of the media after he arrived at Prestwick Airport in Ayrshire, Scotland, Friday, July 25, 2025.(AP Photo/Jacquelyn Martin) U.S. President Donald Trump said he would start imposing tariffs and other measures on Russia 'ten days from today' if Moscow did not make progress toward ending the war in Ukraine. Trump, who first announced on Monday that he was shortening his initial 50-day deadline for action from Moscow, said he had not heard a response from Russia. Speaking to reporters aboard Air Force One, Trump also said he was not worried about the potential impact of Russian sanctions on the oil market or prices, saying the U.S. would boost domestic oil production to offset any impact. (Reporting by Andrea Shalal and Nandita Bose; Editing by Chris Reese)
