US Stocks Hit New Highs As Magnificent Seven Reach $19 Trillion: What's Moving Markets Friday?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 25 2025
0mins
Source: Benzinga
Market Performance: Wall Street is experiencing gains with the S&P 500 reaching a new all-time high and the Nasdaq 100 also rising, driven by optimism over corporate earnings and global trade talks. The combined market cap of the "Magnificent Seven" tech stocks has reached $19 trillion.
Economic Indicators: Investors are anticipating a potential 15% tariff on EU goods following a meeting between European officials and President Trump, while Trump expresses confidence in upcoming Federal Reserve rate cuts. Meanwhile, commodities like gold and oil have seen declines, and Bitcoin continues its downward trend.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
