Nightly $SPY / $SPX Scenarios for July 24, 2025

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🔮 Nightly SPY / SPX Scenarios for July 24, 2025 🔮
🌍 Market-Moving News 🌍

🤝 U.S.–EU & U.S.–Japan Trade Optimism Lifts Sentiment
The S&P 500 and Nasdaq hit record-high closes on July 23, fueled by optimism over a potential U.S.–EU trade deal mirroring the U.S.–Japan framework, with the EU-set tariff on autos potentially halved to 15%

💵 Dollar Retreats, Yields Climb
As markets shifted toward risk assets, U.S. Treasury yields increased and gold softened, while the dollar eased—highlighting growing confidence in trade-driven growth news

🏦 Fed Independence Under Pressure—But No July Cut Expected
A Reuters poll shows economists see heightened political pressure on the Fed jeopardizing its independence, though the consensus remains that rates will stay unchanged this month

📊 Key Data Releases & Events 📊
📅 Thursday, July 24:

8:30 AM ET – Initial Jobless Claims
Weekly tally of new unemployment benefit applications—key indicator of labor-market conditions.

10:00 AM ET – New Residential Sales (June)
Tracks signed contracts for new homes, offering insight into housing demand under tightening mortgage rates.

All Day – Trade Headlines & Fed Watch
Continued focus on U.S.–EU trade developments and any follow-up to Fed independence concerns from policy circles.

⚠️ Disclaimer:
This information is for educational and informational purposes only—not financial advice. Please consult a licensed financial advisor before making investment decisions.

📌 #trading #stockmarket #trade #economy #Fed #housing #jobs #technicalanalysis

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