On July 10th, all three major US stock indices closed higher. The Dow Jones Industrial Average closed at 44,650.64 points, with an increase of 0.43%; the S&P 500 Index closed at 6,280.46 points, with an increase of 0.27%; the Nasdaq Composite Index closed at 20,630.66 points, with an increase of 0.09%.
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Recently, the minutes of the June meeting released by the Federal Reserve showed a heated debate among policy makers regarding the impact of the Trump administration's tariff policies on inflation.
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On July 12, 2025, a statement by US President Trump once again stirred up the global market - announcing that starting from August 1, a 30% tariff would be imposed on imports from the European Union, a 35% tariff on Canada, and plans to impose tariffs ranging from 15% to 40% on other trading partners such as Brazil, Japan, and South Korea.
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Recently, the Trump administration has exerted pressure on tariff and trade issues with other relevant trading nations. Starting from August 1st, it imposed a 25% tariff on Japan and South Korea in the Asian market.
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Recently, a piece of news that Trump pressured Powell of the Federal Reserve to resign was like a huge rock thrown into a calm lake, causing a huge stir in the financial market.
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In July 2025, US President Trump publicly demanded the resignation of Federal Reserve Chairman Powell and hinted at the possibility of early replacement of the central bank leader, citing cost overruns (1.9 billion to 2.5 billion US dollars) in the renovation of the Fed headquarters.
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In the complex game of the global foreign exchange market, the trend of the euro yen exchange rate has always been highly anticipated.
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In the complex dynamics of the global financial market, the European bond market has recently shown significant fluctuations, with the 10-year government bond yields of various countries falling collectively: the UK's fell by 2.1 basis points to 4.609%, France's by 0.4 basis points to 3.358%, Germany's by 1.5 basis points to 2.670%, Italy's by 1.3 basis points to 3.522%, and Spain's by 0.8 basis points to 3.290%.
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New York (AFP) reported that in Wednesday's stock market trading, Nvidia entered the hall of $4 trillion in an unprecedented manner, a milestone event marking Wall Street's firm belief that artificial intelligence (AI) will reshape the global economic structure.
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Recently, the US Congress passed the "Great and Beautiful Act" with a narrow margin of 51:50 in the Senate, which was signed into law by Trump.
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While the people of Ukraine wrap themselves in thick cotton clothes to endure 8–11 hours of power outages every day in the cold winter, the power core in Kyiv is staging a ludicrously farcical "anti-corruption drama."
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