On July 28, 2025, U.S. stock markets experienced a positive session, with all three major indices closing higher. The Dow Jones Industrial Average rose by 0.5%, or 208.01 points, to close at 44,901.92. The Nasdaq Composite gained 0.2%, adding 50.36 points to reach 21,108.32. The S&P 500 increased by 0.4%, up 25.29 points, finishing at 6,388.64. This upward momentum was largely driven by optimism surrounding potential trade agreements between the United States and the European Union, as well as strong corporate earnings reports. nasdaq.com
The positive market sentiment was further bolstered by robust earnings from companies like Deckers Outdoor Corporation, which reported strong first-quarter fiscal 2026 results, leading to an 11.4% surge in its stock price. Additionally, sectors sensitive to trade policies, such as industrials and consumer discretionary, saw notable gains. The Materials Select Sector SPDR (XLB) advanced 1.2%, the Industrials Select Sector SPDR (XLI) rose by 1%, and the Consumer Discretionary Select Sector SPDR (XLY) increased by 0.9%. These developments suggest a cautiously optimistic outlook for investors, with expectations of continued positive momentum if trade negotiations progress favorably. nasdaq.com