Thursday, July 10, 2025

Stocks Set for Fresh Record as Bond Sale Goes Well

 


Relative calm enveloped Wall Street, with stocks rising as traders parsed a batch of corporate outlooks. Treasuries bounced from session lows as a $22 billion sale of 30-year bonds showed appetite for longer-term debt despite concerns about the US deficit and the impacts of tariffs.

Just a few days ahead of the unofficial start of the earnings season that will bring results from big banks, an upbeat forecast from Delta Air Lines Inc. lifted the industry. The S&P 500 was set for a record close. Tesla Inc. jumped on plans to expand its Robotaxi service to California and Arizona. Nvidia Corp.’s value topped $4 trillion. The chipmaker’s chief Jensen Huang was said to meet with President Donald Trump before a planned trip to China.

https://www.bloomberg.com/news/articles/2025-07-09/stock-market-today-dow-s-p-live-updates

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