London Daily

Focus on the big picture.
Wednesday, Jul 30, 2025

CVOL: Dow, S&P charge to record highs as bond yields ease ahead of Fed meeting

CVOL: Dow, S&P charge to record highs as bond yields ease ahead of Fed meeting

U.S. equity markets rallied Monday as bond yields fell ahead of the Federal Reserve’s two-day meeting.

The Dow Jones Industrial Average rose 173 points, or 0.53%, while the S&P 500 and the Nasdaq Composite advanced 0.64% and 1.05%, respectively. Both the Dow and the S&P 500 closed at a record high in what was a choppy session.

Outperformance from the Nasdaq occurred as the 10-year yield declined by 2.5 basis points to 1.609%. The benchmark yield, however, remains above the S&P 500's 1.49% dividend yield.

Investors will be paying close attention to Wednesday’s Fed decision and will be on the lookout for any commentary surrounding how the central bank could respond should the unprecedented amount of fiscal and monetary stimulus bring back inflation that has been missing since the 2008 financial crisis.

Looking at stocks, Boeing Co. snapped its four-day winning streak, which boosted shares by 20%.

Airlines were in focus after Transportation Security Administration data showed officers screened 1.36 million passengers at U.S. airports on Friday, the highest single-day total since COVID-19 lockdowns began on March 15, 2020. Separately, CEOs from the majors, including American Airlines Doug Parker, gave optimistic remarks on bookings at JPMorgan's Industrials Conference.

Elsewhere, AMC Entertainment Holdings Inc. will begin reopening theaters in Los Angeles beginning on Monday. The company hopes to have all 56 of its California locations by Friday. GameStop, also saw continued volatility, triggering at least one trading halt on the New York Stock Exchange.

Meanwhile, DraftKings Inc. announced plans for a $1 billion convertible note offering. The sports-betting platform plans to use the proceeds for general corporate purposes, including mergers and acquisitions and products or technology investments.

In commodities, West Texas Intermediate crude oil fell 22 cents to $65.39 per barrel and gold rallied $9.40 to $1,728.90 an ounce.

Overseas markets were mixed.

Germany's DAX 30 paced the decline in Europe, trading down 0.28%, while France’s CAC 40 and Britain's FTSE 100 both lost 0.17%.

In Asia, China’s Shanghai Composite declined 0.96%, Japan’s Nikkei 225 added 0.17% and Hong Kong’s Hang Seng index rose 0.33%.

Source: Hong Kong, CVOL.com

Newsletter

Related Articles

0:00
0:00
Close
House Republicans Move to Defund OECD Over Global Tax Dispute
Botswana Seeks Controlling Stake in De Beers as Anglo American Prepares Exit
Trump Administration Proposes Repeal of Obama‑Era Endangerment Finding, Dismantling Regulatory Basis for CO₂ Emissions Limits
France Opens Criminal Investigation into X Over Algorithm Manipulation Allegations
A family has been arrested in the UK for displaying the British flag
Mel Gibson refuses to work with Robert De Niro, saying, "Keep that woke clown away from me."
Trump Steamrolls EU in Landmark Trade Win: US–EU Trade Deal Imposes 15% Tariff on European Imports
ChatGPT CEO Sam Altman says people share personal info with ChatGPT but don’t know chats can be used as court evidence in legal cases.
The British propaganda channel BBC News lies again.
Deputy attorney general's second day of meeting with Ghislaine Maxwell has concluded
Controversial March in Switzerland Features Men Dressed in Nazi Uniforms
Politics is a good business: Barack Obama’s Reported Net Worth Growth, 1990–2025
Thai Civilian Death Toll Rises to 12 in Cambodian Cross-Border Attacks
TSUNAMI: Trump Just Crossed the Rubicon—And There’s No Turning Back
Over 120 Criminal Cases Dismissed in Boston Amid Public Defender Shortage
UN's Top Court Declares Environmental Protection a Legal Obligation Under International Law
"Crazy Thing": OpenAI's Sam Altman Warns Of AI Voice Fraud Crisis In Banking
The Podcaster Who Accidentally Revealed He Earns Over $10 Million a Year
Trump Announces $550 Billion Japanese Investment and New Trade Agreements with Indonesia and the Philippines
US Treasury Secretary Calls for Institutional Review of Federal Reserve Amid AI‑Driven Growth Expectations
UK Government Considers Dropping Demand for Apple Encryption Backdoor
Severe Flooding in South Korea Claims Lives Amid Ongoing Rescue Operations
Japanese Man Discovers Family Connection Through DNA Testing After Decades of Separation
Russia Signals Openness to Ukraine Peace Talks Amid Escalating Drone Warfare
Switzerland Implements Ban on Mammography Screening
Japanese Prime Minister Vows to Stay After Coalition Loses Upper House Majority
Pogacar Extends Dominance with Stage Fifteen Triumph at Tour de France
CEO Resigns Amid Controversy Over Relationship with HR Executive
Man Dies After Being Pulled Into MRI Machine Due to Metal Chain in New York Clinic
NVIDIA Achieves $4 Trillion Valuation Amid AI Demand
US Revokes Visas of Brazilian Corrupted Judges Amid Fake Bolsonaro Investigation
U.S. Congress Approves Rescissions Act Cutting Federal Funding for NPR and PBS
North Korea Restricts Foreign Tourist Access to New Seaside Resort
Brazil's Supreme Court Imposes Radical Restrictions on Former President Bolsonaro
Centrist Criticism of von der Leyen Resurfaces as she Survives EU Confidence Vote
Judge Criticizes DOJ Over Secrecy in Dropping Charges Against Gang Leader
Apple Closes $16.5 Billion Tax Dispute With Ireland
Von der Leyen Faces Setback Over €2 Trillion EU Budget Proposal
UK and Germany Collaborate on Global Military Equipment Sales
Trump Plans Over 10% Tariffs on African and Caribbean Nations
Flying Taxi CEO Reclaims Billionaire Status After Stock Surge
Epstein Files Deepen Republican Party Divide
Zuckerberg Faces $8 Billion Privacy Lawsuit From Meta Shareholders
FIFA Pressured to Rethink World Cup Calendar Due to Climate Change
SpaceX Nears $400 Billion Valuation With New Share Sale
Microsoft, US Lab to Use AI for Faster Nuclear Plant Licensing
Trump Walks Back Talk of Firing Fed Chair Jerome Powell
Zelensky Reshuffles Cabinet to Win Support at Home and in Washington
"Can You Hit Moscow?" Trump Asked Zelensky To Make Putin "Feel The Pain"
Irish Tech Worker Detained 100 days by US Authorities for Overstaying Visa
×