Hello investors! I, who analyze market trends daily and share insights,Aotsuki_BlueXam. Today,Microsoft (MS) and Meta's strong earningsprovided positive news, yet the New York market could not sustain gains.
The background includesChair Powell of the Fed did not signal a rate cut,and inflation rising due to tariffswas a concern. And with retaliatory tariffs taking effect tomorrow, investors overall are holding back. First, let's check the closing prices of today's major indices in today's market highlights.

• The Dow Jones Industrial Average finished trading down 0.74%.

• The S&P 500 declined 0.37 as well.

• The Nasdaq ended almost flat, down 0.03%.

• In the bond market, the U.S. 10-year Treasury yield rose by 0.004 percentage points, and the 2-year yield rose by 0.024 percentage points.

  
  

  Table of Contents

  1. Meta and MS racing with AI

  2. Rising commodity (tariffs) inflation

     • June PCE price

     • Initial jobless claims

     • Challenger layoffs

  3. The core of July payrolls is the “unemployment rate”

  4. Mutual tariffs take effect tonight

  5. Pressure on drugmakers from Trump… worsening market sentiment

  6. Apple “AI investment expansion”… Amazon falls short of expectations

     • Apple

     • Amazon