New historically high records today (10.7.2025) The markers S & P 500 and Nasdaq Composite in the closure of Wall Streetas investors continued to defy concerns about duties.
In particular, both Wall Street indicators closed at record levels, with the wider S&P 500 raising 0.27% and completing the meeting to 6,280.46 points, while Nasdaq rose 0.09%, closing at 20,630,67 points. The Dow Jones industrial index added 192 points or 0.43%, closing at 44,650.64 points.
Developments came after US President Donald Trump’s statement late Wednesday night (9.7.2025), that On August 1, a 50% duty will take place on copper imports.
In addition, Trump announced a 50% duty in Brazil, partly as retaliation on the trial of former President Zaire Bolsonaru on his alleged role in the attempt to overthrow the 2022 election result. Trump also justified this move with the “very unfair commercial relationship” with Brazil, saying it was “far from reciprocal”. Brazilian President Luis Inasio Lula da Silva said he later The country will respond to the 50%duty.
Prior to the announcement of duties in Brazil, Trump had sent letters to which they were specified new duties US for imports from at least seven other countries. Earlier in the week he had also sent letters to leaders of 14 other countries, including Japan and South Korea. The new duties are expected to take effect on August 1st.
Despite the growing commercial tension, markets in the US are continuing their upward trend to new historically high, recovering from the intense loss of spring.
“It is incredible to think that valuations are higher than at the beginning of the year, given all the uncertainties around the duties – and now we have a new deadline. The market has almost been deceived by all this uncertainty, and I think it has its logic, “said Mike Dickson, head of research and quantitative strategies at Horizon Investment.
Wall Street also recorded profits at Wednesday’s meeting, Enhanced by optimism about investment in artificial intelligence. Nvidia’s stock rose nearly 2% and became the first listed company with a valuation of 4 trillion. dollars. With 0.7% and on Thursday, the stock remained above this milestone.
Both the S&P 500 and the Nasdaq Composite are now moving to positive performance on a weekly basis while Dow is expected to close with a loss of 0.4%.