Stock Market News Today, 7/25/25 – U.S. Stock Futures Steady after SPX and Nasdaq Hit New All-Time Highs

U.S. stock futures were steady early Friday after the S&P 500 (SPX) and Nasdaq Composite ended the previous session at new record highs. Futures on the Nasdaq 100 (NDX) were down 0.03%, while the futures on the Dow Jones Industrial Average (DJIA) and the S&P 500 were up 0.09% and 0.07%, respectively, at 4:29 a.m. EST on July 25.

Elevate Your Investing Strategy:

• Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

During Thursday’s session, the S&P 500 and Nasdaq hit new all-time highs during the day and at the close. This brings the S&P 500’s total record closes for 2025 to thirteen, four this week alone. The Nasdaq also set three records this week, topping 21,000 on Wednesday. However, the Dow Jones witnessed a slight dip of 0.7%.

The recent surge to new highs has been bolstered by a robust earnings season and recent developments in international trade. Earlier this week, President Trump announced a “massive” trade deal with Japan, which notably includes 15% “reciprocal” tariffs.

Investors are now watching for any new trade announcements ahead of the Trump administration’s August 1 tariff deadline.

In after-hours trading, Deckers Outdoor (DECK) stock gained over 12% on better-than-expected earnings results. Also, Paramount Global (PARA) stock jumped after the Federal Communications Commission (FCC) approved the $8 billion merger with Skydance Media. However, Intel (INTC) stock declined 3% after it reported mixed second-quarter financial results.

On the earnings front, Phillips 66 (PSX) and Booz Allen (BAH) will report their results today.

On the economic front, traders are watching for the release of June’s Durable Goods Orders data today. Looking ahead, the Federal Reserve is scheduled to hold its next policy meeting next week, with most expecting it to keep interest rates unchanged in the 4.25% to 4.5% range.

Meanwhile, the U.S. 10-year Treasury yield was up, floating near 4.4%. Also, WTI crude oil futures were trending higher, hovering near $66.33 per barrel as of the last check. However, the Gold Spot U.S. Dollar Price decreased to nearly $3,354 per ounce on Friday.

Elsewhere, European stocks opened lower today as investors reacted to new corporate earnings and looked ahead to possible progress on a US-EU trade agreement.

Asia-Pacific Markets Ended Lower Today

Asia-Pacific markets ended lower today as investors assessed the latest trade news.

The Hong Kong index was down 1.09%. Further, Japan’s Nikkei and Topix indices closed lower by 0.88% and 0.86%, respectively. At the same time, China’s Shanghai Composite and the Shenzhen Component indices ended lower by 0.33% and 0.22%, respectively.

Interested in more economic insights? Tune in to our LIVE webinar. 

Disclaimer & DisclosureReport an Issue