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Equity Markets Mixed After US-EU Trade Deal
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Equity Markets Mixed After US-EU Trade Deal
Jul 28, 2025 1:07 PM

03:36 PM EDT, 07/28/2025 (MT Newswires) -- US benchmark equity indexes are on track to close mixed Monday, as investors parsed the trade deal between the US and the EU.

In the US-EU trade framework deal, the US plans to levy a 15% tariff on European goods imports, less than half of certain rates that had been under discussion. The world's largest trading bloc also agreed to purchase $750 billion of US energy over three years.

The Dow Jones Industrial Average was down 0.3% to 44,779.22, while the S&P 500 fell 0.1% to 6,379.75. Nasdaq Composite gained 0.2% to 21,142.46. Among sectors, energy led the gainers while materials rallied the decliners.

Super Micro Computer ( SMCI ) shares were up 9.7%, the top gainer on the S&P 500. Digi Power said it has filed a provisional utility patent application for AI-Ready Modular Solution 200 platform, which it is developing in collaboration with Super Micro Computer ( SMCI ).

Nike ( NKE ) was the second-top gainer on the S&P 500, up 3.5%. JPMorgan upgraded its rating on the athletic footwear and apparel maker's stock to overweight from neutral and raised the price target to $93 from $64.

Revvity ( RVTY ) shares sank 8.8%, the second-worst S&P 500 performer, after the company lowered its full-year earnings outlook.

The 10-year US Treasury yield was up 2.6 basis points to 4.42%, while the two-year rate decreased 0.4 basis points to 3.94%.

September West Texas Intermediate crude oil rose 2.6% to $66.85 a barrel.

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