The S&P 500 ($ Spy) (SPY) has increased today +0.11 %, which is the Dow Jones Industrials index ($ DowI) (DIA) +0.24 %, and the NASDAQ 100 ($ IUXX) (QQQ) +0.20 % increased. Futures increased in September (S&P) (ESU25) +0.15 %, and the future NQU25 in September (NQU25) +0.26 %.
Stock indexes are moderately higher, and the two gathering extends. The gains in technological stocks are strengthened at the top of the market, led by a +8 % jump in Palantir technologies after it was reported more powerful than expected profits and raised its expectations for the whole year. The stocks obtained constant support from speculation that salary reports and gloomy manufacturing last Friday will demand the Federal Reserve to reduce interest rates. The chances of reducing the federal reserve rate at the FOMC meeting in September increased to 92 % of 40 % before the reports were issued.
The US trade deficit for June was smaller than expected, and it is a positive factor for G2 Q2. The US trade deficit in June decreased to -60.2 billion dollars from -71.7 billion dollars in May, better than -61.0 billion dollars and the smallest deficit in 1.75 years.
Duofish’s comments late Monday from the San Francisco Marie Dali’s head of reserves were supportive of shares when she said that time is approaching interest rate discounts in the Federal Reserve, given increasing evidence that the labor market follows and there are no signs of continuous inflation driven by the customs tariff.
In the recent tariff news, President Trump said on Monday that he “will greatly” the tariff for US imports from India from the current 25 % due to the purchase of India from Russian oil. Last Thursday, President Trump raised a tariff on some Canadian commodities to 35 % of 25 % and announced 10 % of the global minimum, along with a 15 % or higher tariff for countries that have trade surpluses with the United States, effective after midnight on August 7. According to Bloomberg, the US average tariff will rise to 15.2 % if prices are announced, and they are 13.3 % earlier, and with regard to 2.3. It was announced.
The markets will focus this week on profit reports, any new tariff or commercial news. Later on today, the ISM service index is expected to start in July by +0.7 to 51.5. On Thursday, the weekly unemployment claims are expected to increase by +3000 to 221,000. Also on Thursday, non -agricultural productivity is expected to be Q2 +2.0 % with a high cost of employment in the unit +1.5 %.
Future prices in federal funds make up the chances of reducing the interest rate -25 basis points by 92 % at the FOMC meeting from 16 to 17 September and 65 % at the next meeting on 28-29 October.
Q2 profit reports that have been released so far indicate that the S&P 500 profits are on the right path to an increase of +9.1 % for the second quarter, much better than pre -season expectations of +2.8 % Y/Y and more in four years, according to Bloomberg Intelligence. With more than 66 % of the S&P 500 companies that reported the profits of the second quarter, about 82 % exceeded the profit estimates.
External stock markets today are higher. EURO Stoxx 50 rises by +0.51 %. The Chinese Shanghai +0.96 % closed. Nikkei’s share in Japan closed 225 +0.64 %.
Useful interest rates
September 10 from T -Notes (Znu25) today decreased -6 ticks. The T-Note revenue increases for 10 years +2.9 basis points to 4.222 %. The Sep T-Notes decreased today from the highest level in 3 months, and the T-Note return increased for 10 years from the lowest level in 3 months at 4.183 %.
The strength of the stocks today reduces the demand for government securities and affects the prices of T-Note. Also, the pressure of the offer on T-Notes is at the forefront of the TB, will make a auction of $ 125 billion from T-Notes and T-Fonds in August August this week, starting from the day auction of $ 58 billion from T-Notes for a period of 3 years.
T-Notes found support from the Dovish comments late Monday from the President of the Federal Reserve in San Francisco Marie Dali, who said that time is close to interest rate discounts in the Federal Reserve, given the weakness of the labor market and the lack of signs of customs tariffs. T-Notes also has the positive support of the traffic reports that were tested last Friday, which strengthened the opportunity to reduce the federal reserve price at the FOMC meeting next month to 92 % of 40 % before reports.
European government bonds revenue today rises. German return has recovered for 10 years from a decrease of 1.5 weeks by 2.601 % and increased +1.0 basis points to 2.634 %. The amazing return in the UK has recovered for 10 years from the lowest level in one month by 4.496 % and increased +0.5 basis points to 4.514 %.
Signal managers in the eurozone were reviewed in July S& POSITITE to 50.1 to 50.9 of the amount previously 51.0.
The United Kingdom was revised in Jul S& PSIPOSITI PMI up to 51.5 of the previous amount 51.0.
The bares are due to the 13 % deduction of opportunities to reduce the interest rate by the European Central Bank at the September 11 Policy meeting.
American engines
Axon Enterprise (AXON) increased more than +15 % to lead the winners in the S&P 500 and NASDAQ 100 after reporting the net Q2 sales worth 668.5 million dollars, higher than the consensus of 640.3 million dollars, and increasing the modified EBITDA expectations to 665 million dollars from 685 million dollars from 650 million dollars-67 million dollars.
Palantir Technologies (PLTR) increased more than +8 % after reporting the second-quarter revenue of $ 1.0 billion, stronger than a consensus of 939.3 million dollars, and raising its revenue expectations for the entire year to 4.14 billion dollars to $ 4.15 billion of previous expectations of $ 3.89 billion -3.90 billion dollars.
Cummins (CMI) increased more than +6 % after reporting the net Q2 sales worth $ 8.64 billion, higher than a consensus of 8.46 billion dollars.
Archer-Daniels-Midland (ADM) increased by more than +3 % after reporting the profitability of the Q2 average of 93 cents, which is better than the consensus of 80 cents.
Dupont de Nemours (DD) increased by more than +3 % after reporting an easy profit of 1.12 dollars, better than consensus of $ 1.06, raising the profitability expectations modified in the entire year to $ 4.40 from a previous offer of $ 4.30-4.40 dollars.
PFIZER (PFE) increased more than +3 % after reporting the second -quarter revenue from $ 14.65 billion, which is higher than a consensus of $ 13.50 billion.
Zoetis (ZTS) increased by more than +1 % after reporting the second-quarter revenue of $ 2.46 billion, better than a consensus of $ 2.41 billion, and increasing its revenue expectations for the entire year to 9.45 billion dollars -9.60 dollars from previous expectations of 9.43 billion dollars -9.58 billion dollars, stronger than the provided than 9.50 dollars.
Inspire Medical Systems (INSP) decreased by more than 37 % after reducing its revenue expectations for the entire year to 900 million dollars-910 million dollars from previous expectations from 940 million dollars to 955 million dollars, much less than the consensus of 949.2 million dollars.
Gartner (IT) has decreased more than 28 % to lead the losers in the S&P 500 index after reducing its revenue expectations for the entire year to 6.46 billion dollars from previous expectations of $ 6.54 billion, weaker than a consensus of 6.57 billion dollars.
Vertex Pharmaceuticals (VRTX) decreased more than -15 % to lead the losers in NASDAQ 100 after he said that it will not provide Journalvx to the stage of the 3 -stage, as the FDA said it does not see a path forward for the wide use of the drug to treat neuropathy.
Globalfoundries (GFS) decreased more than -12 % after predicting the modified Q3 EPS from 33 cents to 43 cents, which is the center point lower than 42 cents.
Transport Group (TDG) fell more than -11 % after reporting the net Q3 sales worth $ 2.24 billion, and weakened by a consensus of 2.30 billion dollars, and its net sales in the entire year reduced to 8.76 billion dollars to 8.82 dollars from 8.75 billion dollars -8.95 billion dollars.
Eaton Corp (ETN) decreased by more than -6 % after predicting organic revenues for the entire year from +8.50 % to 9.50 %, which is the medium point lower than 9.09 %.
Mercadolibre (Meli) fell by more than -1 % after reporting the Q2 operating income of $ 825 million, that is, weaker than a consensus of 869.6 million dollars.
Profit reports (8/5/2025)
Advanced Micro Devices Inc (AMD), AFLAC Inc (AFL), AMGEN Inc (AMGN), Apollo Global Management Inc (APO), Archer-Daniels-Midland Co (ADM), Arista Networks Inc (ANET), Assurant Inc (AIZ), Ball Corp (BRODRIDGE Financial Solutions (BR) (DVA), Devon Energy Corp (DVN), Duke Energy Corp (Duk), Dupont de Nemours Inc (DD), Eaton Corp PLC (Etn), Exdorors International of Washington (Expd), Fidelity National Information (FIX), Fox Corp (Foxa), Gartner Inc (IT), Henry Schein Inc (HSIC), Leidos Holdings Inc (LDOS), MARHON Petroleum Corp (MPC), Marriott International Inc/MD (MAR), Match Group Inc (MTCH), Molson Coors Beverage Co (TAP), Mosaic Co/The Sky (MOS), News Corp (NWSA) (SMCI), Transdigm Group Inc (TDG), yum!
On the date of publication, Rich Asplund did not have positions (either directly or indirectly) in any of the securities mentioned in this article. All information and data in this article are only for media purposes. This article was originally published on Barchart.com
