Stock markets in the U.S. surge - technological sectors exhibit strength
Market Recap: Mixed Performance on Wall Street Amid Tariff Negotiations
In a session marked by caution, the U.S. stock markets saw mixed performance on Tuesday, July 29, 2025. The Dow Jones Industrial Average took a dip, falling by 0.7%, or 330.3 points, to close at 27,995.60[1]. The S&P 500 followed suit, losing 23.51 points, or around 0.4%, to end at 3,395 points[1]. The Nasdaq Composite, however, remained nearly unchanged, declining just 7.23 points to 11,400 points[1].
The ongoing tariff negotiations and the Federal Reserve's decision not to commit to further rate cuts seemed to cast a shadow over the markets. Most sectors of the S&P 500 were in the red, with Health Care, Real Estate, and Materials showing significant declines. On the other hand, the Communication Services sector saw a slight gain[1].
Trading volume was above the recent average, and the volatility index (VIX) increased 8%, indicating a rise in market uncertainty[1].
In the world of precious metals, the gold price showed weakness, with an ounce of fine gold trading at $1,952.34 (-0.23%) in the evening[2]. The gold price also decreased by 0.23% in Euro terms, equating to €52.98 per gram[3].
Meanwhile, the European common currency (Euro) weakened slightly, with one euro worth 1.1848 US dollars (-0.16%) on Tuesday evening[4].
A photograph of Wall Street in New York, taken by the dts News Agency, captures the essence of the day's trading[5].
[1] Source: MarketWatch [2] Source: Kitco [3] Source: Kitco [4] Source: Reuters [5] Source: dts News Agency
Note: All figures and percentages are approximate and may vary slightly depending on the source.
Other investors might have been hesitant about investing in the stock-market given the mixed performance on Wall Street amid tariff negotiations. The uncertain nature of the financial market, as indicated by the increase in the volatility index (VIX), could potentially influence other investors' decisions.
