• About
  • Advertise
  • Contact
Thursday, July 24, 2025
  • Login
No Result
View All Result
NEWSLETTER
The NY Journals
  • Home
  • Business
  • Technology
  • Entertainment
  • Sports
  • Lifestyle
  • Health
  • Politics
  • Trending
  • Home
  • Business
  • Technology
  • Entertainment
  • Sports
  • Lifestyle
  • Health
  • Politics
  • Trending
No Result
View All Result
The NY Journals
No Result
View All Result
Home Technology

US markets grapple with tariffs as bullish trends emerge

by Sarkiya Ranen
in Technology
US markets grapple with tariffs as bullish trends emerge
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


US equity markets showed a mixed mid-day performance on Thursday (Jul 10) as investors weighed President Donald Trump’s new tariff policies. The Nasdaq declined, led by weakness in software stocks, while the broader market held steady, buoyed by a prior session’s record high for the index, driven by strength in the artificial intelligence (AI) sector.

Tensions escalated with Trump’s announcement of a 50 per cent tariff on Brazilian imports and copper, effective Aug 1. The move, linked to political disputes involving his ally, former president Jair Bolsonaro, drew a strong response from Brazil’s current President Luiz Inacio Lula da Silva and heightened concerns of a potential trade conflict.

Economic data highlighted resilience, with initial jobless claims falling below expectations to 227,000 last week. However, minutes from the Federal Reserve’s (Fed) June meeting revealed a cautious stance, with few policymakers supporting an immediate rate cut due to inflation concerns tied to new tariffs.

Despite this, Trump pushed for rate reductions on Thursday via Truth Social, citing tech and industrial stock gains, a cryptocurrency surge, and tariff revenue, claiming economic strength, yet the Fed’s wait-and-see approach suggests uncertainty as the week draws to a close.

Market outlook and technical analysis

My analysis points to a bullish outlook for the US markets as of Jul 11, driven by converging business, sentiment, and structural cycles. The economy shows mid-to-late growth with strong earnings and no clear signs of recession. Investor sentiment is turning positive without reaching excessive levels, while low volatility mirrors conditions seen during the 1990s digital boom.

I anticipate a summer rally, fuelled by advances in AI, banking and commodities. Investors are encouraged to follow this momentum, as declining inflation and potential Fed easing could lift valuations, though external shocks might trigger a correction, suggesting a focus on price trends heading into late 2025.

The Nasdaq 100 Index confirms a robust medium-to-long-term uptrend, as it has reclaimed its ascending channel since May 2025, reflecting sustained buyer interest at progressively higher levels and signalling a positive market trajectory. The index faces immediate resistance between 24,000 and 24,500, aligning with the upper boundary of this channel, while support resides near 22,200, offering a critical buffer against downturns. With momentum indicators reinforcing this bullish structure, the Nasdaq 100 is assessed as technically positive for the medium-to-long term.

The writer is equities specialist at Phillip Securities Research



Source link

Tags: BullishEmergeGrappleMarketsTariffsTrends
Sarkiya Ranen

Sarkiya Ranen

I am an editor for Ny Journals, focusing on business and entrepreneurship. I love uncovering emerging trends and crafting stories that inspire and inform readers about innovative ventures and industry insights.

Next Post
England thrash Wales as Lionesses book their place in Euro 2025 quarter-final

England thrash Wales as Lionesses book their place in Euro 2025 quarter-final

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Jon Rahm opens on Greg Norman 'bad blood' as LIV Golf chief replaced

Jon Rahm opens on Greg Norman 'bad blood' as LIV Golf chief replaced

6 months ago
“Consequences For US Pilots Could’ve Been Catastrophic”: Yemen Chats Revealed

“Consequences For US Pilots Could’ve Been Catastrophic”: Yemen Chats Revealed

4 months ago

Popular News

    Connect with us

    The NY Journals pride themselves on assembling a proficient and dedicated team comprising seasoned journalists and editors. This collective commitment drives us to provide our esteemed readership with nothing short of the most comprehensive, accurate, and captivating news coverage available.

    Transcending the bounds of New York City to encompass a broader scope, we ensure that our audience remains well-informed and engaged with the latest developments, both locally and beyond.

    NEWS

    • Business
    • Technology
    • Entertainment
    • Sports
    • Lifestyle
    • Health
    • Politics
    • Real Estate
    Instagram Youtube

    © 2025 The New York Journals. All Rights Reserved.

    • About Us
    • Advertise
    • Contact Us
    No Result
    View All Result
    • Home
    • Business
    • Technology
    • Entertainment
    • Sports
    • Lifestyle
    • Health
    • Politics
    • Trending

    Copyright © 2023 The Nyjournals

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In