Key Takeaways
- Bitcoin slipped to $117,187 after hitting a record high above 123K as investors booked profits.
- Gold rose to $3,360.14 on safe-haven demand driven by renewed U.S. tariff threats.
- U.S. stocks posted modest gains, lifted by corporate earnings optimism.
- Investors are focused on CPI data, seen as critical for the Fed’s next policy steps.
On July 15, markets held steady as investors weighed fresh tariff threats from Washington against resilient risk appetite, with attention fixed on upcoming U.S. inflation data.
President Trump’s renewed threats to impose sweeping 30% tariffs on goods from the European Union, Mexico, Brazil, and Canada helped lift gold to $3,360.14, as investors moved into traditional safe havens. The tariff anxieties, while adding to broader market uncertainty, were not enough to derail sentiment, as Wall Street posted gains. The S&P 500 at 6,268.55, the Dow Jones Industrial Average at 44,459.65, and the Nasdaq Composite at 20,640.33.
In cryptocurrencies, bitcoin eased to $117,187 after hitting a record high above $123,000, as investors took profits following a rally driven by strong ETF inflows and optimism over U.S. crypto legislation. Similarly, Ethereum slipped to $2,964.08, following the broader pullback across digital assets amid a still-supportive regulatory environment.
Global Indices
- S&P 500 (SPX): 6,268.55 (+0.14%)
- Dow Jones Industrial Average (DJI): 44,459.65 (+0.20%)
- Nasdaq Composite (IXIC): 20,640.33 (+0.27%)
- Nikkei 225 (NK225!): 39,570.0 (+0.41%)
- Euronext 100 (N100): 1,589.84 (–0.16%)
- FTSE 100 (FTSE): 9,013.6 (–0.07%)
Individual Stocks
- NVIDIA Corp. (NVDA): 164.07 (–0.52%)
- Tesla Inc. (TSLA): 316.90 (+1.08%)
- Microsoft Corp. (MSFT): 503.02 (–0.06%)
- Meta Platforms (META): 720.92 (+0.48%)
- Apple Inc. (AAPL): 208.62 (–1.20%)
- Amazon.com Inc. (AMZN): 225.69 (+0.30%)
Commodities
- Gold (GOLD): $3,360.14 (+0.51%)
- Silver (SILVER): $38.1480 (+0.15%)
- WTI Crude Oil (USOIL): $66.59 (–0.31%)
- Brent Crude (BRENT3!): $67.2 (–0.74%)
Cryptocurrencies
- Bitcoin (BTCUSD): $117,387 (–2.08%)
- Ethereum (ETHUSDT): $2,964.08 (–1.64%)
- Solana (SOL): $163.35 (–1.88%)
- BNB (BNBUSDT): $681.20 (−1.11%)
Forex
- U.S. Dollar Index (DXY): 98.052 (–0.05%)
- EUR/USD: 1.16741 (+0.09%)
- GBP/USD: 1.3428 (+0.02%)
- USD/JPY: 147.687 (–0.007%)
Market Wrap-up:
Markets traded cautiously as renewed tariff tensions lifted gold on safe-haven demand, while equities edged higher on earnings optimism.
Bitcoin eased from record highs amid profit-taking, though broader sentiment remained firm. Focus now shifts to U.S. inflation data, seen as essential for the Fed’s next move and a key test for risk appetite.
Read More: Tether (USDT) Review 2025: How USDT is Shaping the Game in the Crypto World
