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US stock futures rose slightly on Friday (July 18) after the S&P 500 closed at a record high in the previous session, with major indexes on pace to end the week in positive territory. Futures tied to the S&P 500 and Nasdaq-100 each ticked up 0.
Just a day after the S&P 500 and Nasdaq climbed into record territory, both indexes notched fresh intraday highs on Friday. However, weakness in American Express ( AXP) and 3M ( MMM) dragged on the Dow, leaving markets muted as a whole.
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US Stock market today ended higher as the Dow Jones, S&P 500, and Nasdaq all posted modest gains amid upbeat earnings reports and a surprise jump in retail sales. Investors are cautiously optimistic despite political tension as President Trump continues pressuring Fed Chair Jerome Powell over interest rate cuts.
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The Dow Jones Industrial Average (DJIA) wobbled on Friday, testing fresh weekly highs on consumer sentiment and inflation expectations data. However, the Dow backslid after earnings misses in key overweight companies dragged the index sharply lower to round out the trading week.
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Viatris Inc. closed 34.10% below its 52-week high of $13.55, which the company achieved on November 25th.
Stocks were taken on a wild ride Wednesday as a White House official indicated to CNBC that Trump was moving closer to firing Powell from his post as Fed Chair.
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This was the stock's third consecutive day of losses.
NASDAQ rebounded from session lows and moved higher after Trump denied he planned to fire Powell. ASML, which was down by 8%, was the worst performer in the NASDAQ index today. The stock suffered a sell-off as the company cut 2026 growth outlook due to tariffs.