US EditionS&P 500 and Nasdaq notch record high closes, lifted by Alphabet
UNITED STATES, JUL 21 – Alphabet and Verizon led gains as the S&P 500 rose 0.1% and the Nasdaq 0.4%, marking new record closes driven by better-than-expected earnings and forecasts.
- On July 21, 2025, the S&P 500 closed at a record 6,332.55 and the Nasdaq composite reached 21,047.07 in the U.S. stock market.
- This advance followed a strong start to earnings season, with more than 60 S&P 500 firms reporting and over 85% exceeding profit estimates amid tariff and Federal Reserve uncertainties.
- Verizon contributed to market gains by posting a 4% share rise after beating profit and revenue forecasts and raising its full-year outlook, while Block rallied 7.6% ahead of joining the S&P 500 index.
- Gene Goldman warned that most positive developments seem to have already been accounted for in stock prices, reducing the room for mistakes, as investors focus on corporate reports concerning tariffs, demand, and AI-related expenditures.
- The rally suggests investor confidence in earnings growth, but ongoing trade tensions and calls from Treasury Secretary Scott Bessent to examine the Federal Reserve add to market uncertainties.
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S&P/TSX composite loses steam through the trading day, U.S. stock markets mixed
TORONTO — Canada's main stock index lost steam throughout the trading day Monday to close just a few points higher amid a rotation into defensive sectors, while U.S. markets were mixed. The S&P/TSX composite index was up 2.99 points at 27,317.00.
S&P 500 and Nasdaq notch record high closes, lifted by Alphabet
The S&P 500 and the Nasdaq notched record high closes on Monday, lifted by Alphabet and other megacaps ahead of several earnings reports this week, while investors bet on potential trade deals to blunt economic damage from the Trump administration's global tariffs.
US Equity Markets Higher as Nasdaq, S&P 500 Reach New All-Time Highs Amid Gains in Major Tech Stocks
US benchmark equity indexes were higher Monday as Nasdaq composite and S&P 500 reached new all-time intraday highs amid gains in major tech stocks and a decline in Conference Board's leading... -July 21, 2025 at 04:20 pm EDT MarketScreener
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