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NASDAQ, S&P 500 mark fresh record highs
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NASDAQ, S&P 500 mark fresh record highs
Jul 25, 2025 10:57 PM

Most major US stock indices rose on Thursdayexcept for the Dow Jonesas both the Nasdaq and SP 500 reached new all-time highs, with investor attention firmly on corporate earnings releases.

On Wednesday, Tesla reported weak Q2 earnings, while Alphabet posted stronger-than-expected profits and revenue, also announcing plans to ramp up spending on artificial intelligence.

Meanwhile, President Donald Trump declared his intention to visit the Federal Reserves headquarters later today, marking an unprecedented escalation in his pressure campaign against Fed Chair Jerome Powell. This would be the first visit of its kind by a sitting US president to the central bank in nearly two decades.

As of 16:53 GMT, the Dow Jones Industrial Average declined 0.4% (160 points) to 44,850. The broader SP 500 rose 0.3% (18 points) to 6,377, while the tech-heavy Nasdaq Composite gained 0.3% (70 points) to 21,090.

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