News

The Dow Jones Index closed up 235.60 points, or 0.46%, at 51947.25 points on July 24 (Friday);The S&P 500 Index closed up 3.7 points on July 24 (Friday) 2 points, an increase of 0.05%, to 7412.02 points;The Nasdaq Composite Index closed down 161.87 points, or 0.64%, to 24975.82 points on July 24 (Friday).

U.S. equities closed mixed on Friday: Dow Jones +0.45%, S&P 500 +0.05%, Nasdaq -0.64%. Memory/storage names led declines — SanDisk (SNDK.O) -10.79%, SK Hynix (SKHY.O) -8.81%, Micron Technology (MU.O) -6.99%; Philadelphia Semiconductor Index down 4.25%, Intel (INTC.O) -7.89%. IBM (IBM.N) +3.64%, Apple (AAPL.O) +3.53%. Nasdaq Golden Dragon China Index -0.68%; Alibaba (BABA.N) -1.67%, Baidu (BIDU.O) -1.91%.

US President Trump: The new tariffs are very standard. Another way to impose tariffs is simpler and we have several forms.

U.S. President Trump: He did not speak to U.S. Energy Secretary Wright before signing the Saudi nuclear deal.

Brazil estimates that 16.5% of its exports will be affected by the United States' 37.5% combined tariff.

Brazil expects the new U.S. tariffs to affect 23.1% of its exports.

US President Trump: (Regarding the Saudi Nuclear Agreement) If Saudi Arabia does not join the (Abraham) Agreement, there will be no nuclear agreement.

US President Trump: Talking to the Iranians now, I think they are getting more serious.

US President Trump: US Secretary of State Rubio discussed Iran with Vice President Vance.

U.S. Commodity Futures Trading Commission (CFTC): In the week ended July 21, speculators increased their net short position in CBOT U.S. 10-year Treasury futures futures by 48,031 contracts to 879,706 contracts. Speculators increased their net short position in CBOT U.S. Treasury futures by 7,734 contracts to 186,790 contracts.

U.S. Commodity Futures Trading Commission (CFTC): In the week ended July 21, speculators reduced their net short position in CBOT U.S. 2-year Treasury futures futures by 2,880 contracts to 1,154,597 contracts. Speculators reduced their net short position in CBOT U.S. 5-year Treasury futures by 20,954 lots to 1,273,329 lots.

US President Trump: Or we can make a deal with Iran, but I don’t think Iran is ready to make a deal.

U.S. Commodity Futures Trading Commission (CFTC): In the week ending July 21, natural gas speculators in the four major NYMEX and ICE markets increased their net short positions by 5,421 lots to 55,716 lots.

US President Trump: We have many exit strategies on Iran.

US President Trump: Venezuela is not ready for elections yet, but "one day they will be."

U.S. Commodity Futures Trading Commission (CFTC): In the week ended July 21, COMEX gold speculators increased their net long positions by 4,438 lots to 123,586 lots. COMEX silver speculators reduced their net long position by 374 contracts to 10,003 contracts. COMEX copper speculators increased their net long position by 11,751 contracts to 73,685 contracts.

US President Trump: Venezuela is not ready for elections.

US President Trump: (Regarding the Saudi Nuclear Deal) Saudi Arabia should become a member of the Abraham Accords.

According to GBN News: A fire broke out at an industrial facility near Liverpool, England.

UAE Minister of Foreign Trade: It is expected that there will be relevant announcements in the Canadian energy sector soon.