U.S. stock market hits fresh record highs—Dow, S&P 500, Nasdaq climb, driven by Verizon, Block, Cleveland‑Cliffs gains
US Stock market today saw the Dow, S&P 500, and Nasdaq inch higher as Wall Street kicked off a packed week of Big Tech earnings and rising concerns over President Trump's upcoming tariffs. The S&P 500 rose 0.5%, Nasdaq gained 0.7%, and the Dow added 0.4%. Investors are closely watching earnings from Alphabet and Tesla, set to report midweek. Meanwhile, trade tensions with the EU are growing as the August 1 tariff deadline nears. Despite risks, 86% of early S&P 500 reports have beaten expectations. This week could shape the future of both markets and global trade.