(XLE) is up 0.9% since Monday, supported by a landmark U.S.-EU trade agreement securing \$750B in American energy purchases over three years. Crude oil prices have risen nearly 0.7% to \$67, with Brent up 3.28%. Top contributors include Exxon Mobil, ConocoPhillips, and Williams Companies.
(VGT) dipped 0.3% even as a stronger U.S. dollar and a new U.S.-EU trade deal stirred optimism for domestic tech. AMD rallied on a BofA target hike, Cadence beat Q2 expectations, and Corning impressed with optical segment strength. Investors remain cautious ahead of the Fed’s rate decision tomorrow.
(IBB) edged down 0.2% Tuesday as mixed earnings and interest rate uncertainty weighed on sentiment. While the FDA's approval of SEPHIENCE™ for phenylketonuria marked a sector win, underperformance from MRNA, EXEL, IQV, CRSP, and BNTX dragged on the ETF.
(XLF) declined 0.5% on Tuesday, tracking broader market weakness following the U.S.-EU trade agreement. PayPal fell despite strong Q2 earnings, with concerns over transaction volumes. Visa and Mastercard declined ahead of earnings amid cautious sentiment.
(XLY) dropped 0.7% on Tuesday, in step with a broader market pullback following a finalized U.S.-EU trade deal imposing 15% tariffs on various imports. Tesla and Amazon weighed on the ETF, while Royal Caribbean slipped despite strong Q2 results, due to soft Q3 guidance.
US Dollar Strengthens on Favorable US-EU Trade Agreement Amid Positive Economic Data and Anticipated Fed Interest Rate Decisions.
(VGT) rose 0.56% today amid optimism following a U.S.–EU trade agreement that introduces 15% tariffs on EU goods while channeling investments into U.S. energy infrastructure. Leading contributors included NVDA, AMD, AVGO, SMCI, and TXN.
A positive start to the week was overshadowed by concerns following a major FDA rejection, as noted by a leading oncologist. Despite optimism around a gene therapy trial in Europe and lower-than-expected pharma tariffs, key holdings like GILD, AMGN, VRTX, BIIB, and BNTX declined.
(XLY) is up 0.54% amid a new U.S.–EU trade deal and optimism over U.S.–China tariff truce talks. Nike leads gains after a JPMorgan upgrade citing stronger sales and margins, with shares jumping to \$78.60. Tesla, Amazon, Home Depot, and Lowe’s also contributed to the fund’s rise.
U.S. and EU strike trade deal reducing tariffs to 15%, boosting market optimism as investors eye Fed's interest rate decision amid rising crude oil prices.
Federal Reserve's July 30 meeting looms as resilient labor market data and trade negotiations shape interest rate expectations amidst political pressures.
The Energy Select Sector SPDR Fund (XLE) rose 0.6% today, boosted by a new U.S.-Japan trade deal and rising crude prices. Chevron (CVX) led gains after receiving approval to resume operations in Venezuela. Other top performers included XOM, Williams Companies, Kinder Morgan, and ConocoPhillips.
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(XLF) is gaining momentum, boosted by upbeat trade developments, falling jobless claims, and strong earnings from Blackstone and Bank of America. Social media highlights XLF and JPMorgan hitting record highs, underscoring market confidence in the sector's resilience.
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Consumer discretionary stocks slide as a U.S.-Japan trade deal introduces 15% tariffs on Japanese exports. Mixed PMI data and Chipotle's earnings miss add to pressure, with Tesla and LKQ also trading lower.
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VGT rose 0.43% as the Nasdaq and S\&P 500 hit record highs after President Trump’s trade pacts with Japan and the Philippines. NVIDIA gained on Alphabet’s AI spending surge, while ServiceNow rallied on strong Q2 earnings and bullish analyst upgrades.
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U.S.-EU trade agreement boosts investor optimism as jobless claims fall and economic activity expands, despite ECB's cautious interest rate stance.
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The Financial Select Sector SPDR Fund (XLF) climbed 0.8%, lifted by a new U.S.-Japan trade deal and resilience in consumer credit. Top contributors included JPM, BAC, and GS—Goldman is teaming up with BNY Mellon to launch digital tokens tied to money-market funds.
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(IBB) rose 2.0% today, driven by a U.S.-Japan trade agreement and strength in names like Gilead, Regeneron, and Moderna. Positive sentiment also follows Canada's Blenrep approval and bullish analyst targets for ABVX and MREO.
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The Energy Select Sector SPDR Fund (XLE) rose 1.5% after a larger-than-expected drop in U.S. crude inventories and news of a major U.S.-Japan trade deal. Key contributors included Chevron and Exxon, while Baker Hughes surged on earnings and ConocoPhillips approached a major asset sale.
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(XLY) rose 0.5% Wednesday, buoyed by a new U.S.-Japan trade agreement cutting tariffs and unlocking \$550B in Japanese investment. Top ETF contributors included GM, Amazon, Tesla, Nike, and Home Depot, with GM exceeding revenue estimates despite YoY earnings decline.
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(VGT) climbed 0.6% today, lifted by strong earnings from TE Connectivity and AI-driven optimism at Salesforce. NVIDIA and AMD also contributed to VGT’s advance, while the broader market gained on renewed global sentiment.
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U.S.-Japan trade deal boosts equities and investment, while EU negotiations raise tariff concerns ahead of ECB meeting.
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XLF is up 0.53%, buoyed by a declining U.S. dollar and easing yields. Gains from JPMorgan, Bank of America, and Citigroup reflect improving sentiment, though trade tensions and anticipation of Fed Chair Powell’s comments continue to shape volatility in the sector.
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(VGT) is down 0.8% amid renewed tariff threats from President Trump targeting European goods. A sharp slowdown in U.S. manufacturing has added to concerns, weighing on top tech names like Nvidia, Microsoft, and Broadcom.
