Overview
- The S&P 500 rose to 6,305.6 points and the Nasdaq Composite climbed to 20,974.18, while the Dow Jones Industrial Average slipped slightly to 44,323.07
- Investors are focusing on the start of a heavy Q2 reporting season with 111 S&P 500 companies due to publish results, and Verizon shares jumped over 4% after beating expectations
- Commerce Secretary Howard Lutnick described the August 1 deadline for potential U.S. tariffs on EU goods as “immovable,” keeping traders on edge over trade policy
- Mexico’s IPC fell 0.45% to 56,021.98 as local markets held back ahead of second-quarter earnings, and Spain’s Ibex 35 opened flat near 13,900 points before the ECB meeting
- Oil futures for WTI and Brent eased about 0.8% to roughly $67 and $68.70 per barrel on forecasts that new EU sanctions on Russia will have limited supply impact