Articles by Kiplinger: Crypto News & Expert Market Analysis | BingX

Kiplinger

U.S. stocks rally after Trump cancels planned Iran strikes; Dow ends at record 53,178

U.S. stocks surged as markets reacted to expectations of a shift in Trump’s policy stance. The Dow closed at a record 53,178, while the S&P 500 rose 1.5% to 7,600 and the Nasdaq gained 2.1%. WTI crude futures fell more than 6% to $79.49 a barrel and Treasury yields declined across maturities. Boeing shares rose nearly 5% after its second-quarter results pointed to improving earnings and cash flow, and 77% of companies have beaten expectations.

Nasdaq falls 0.6% as new 10%–25% tariffs and a 28% monthly oil surge stoke inflation fears

The Trump administration announced new 10% to 25% tariffs on a range of goods from major trading partners, while oil prices remained up more than 28% for the month, adding to inflation concerns ahead of the Federal Reserve’s July meeting. Markets have trimmed expectations that the Fed will hold rates steady, with the implied probability falling to 64% from 87%, according to CME Group FedWatch. The Nasdaq Composite slid 0.6% and logged a second straight weekly decline, while Intel sank 7.9% despite a 25% revenue jump, highlighting worries about costs and end-market demand. Digital Realty surged 10.9% on strong AI data-center demand.

U.S. stocks close lower as Alphabet reports $45.1B Q2 capex and oil climbs to $86.66

Alphabet (Google) reported after the close that second-quarter capital expenditures totaled $45.1 billion, in line with its full-year $180 billion to $190 billion AI infrastructure guidance. WTI crude rose 2.8% to $86.66 a barrel after President Donald Trump threatened retaliation for attacks by Iran in the Strait of Hormuz. Technology shares broadly weakened, leaving the Nasdaq down 0.6%, the S&P 500 off 0.1% and the Dow slightly lower. Constellation Energy is scheduled to report second-quarter earnings on Thursday, August 6.

Dow drops 507 points after Warsh-led Fed signals renewed focus on price stability

The Federal Reserve’s first FOMC statement under new Chair Kevin Warsh kept the federal funds target range unchanged at 3.50% to 3.75% but struck a more hawkish tone by emphasizing “delivering price stability.” CME FedWatch showed rising odds of an October rate hike, while the 2-year Treasury yield jumped 16.9 basis points to 4.216%. U.S. stocks fell across the board, with the Dow down 1% to 51,493, the S&P 500 off 1.2%, and the Nasdaq down 1.3%.

Risk Warning

Cryptocurrencies and their derivatives are innovative financial products with great volatility and high investment risks.

Although BingX is committed to providing users with easy-to-use trading tools, trading itself is still a highly sophisticated field. Trading digital assets and their derivatives are subject to high market risk and price volatility and may result in partial or total loss of account funds. You must carefully consider and exercise clear judgment to evaluate your financial situation and the aforementioned risks before using BingX Services. You shall be responsible for all losses arising therefrom. If necessary, please consult relevant professionals to make informed decisions before investing. By accessing, downloading, using or clicking on "I agree" to accept any BingX Services provided by BingX, you agree that you have read, understood and accepted all of the terms and conditions stipulated in BingX Terms of Use as well as our Privacy Policy.

Trading by copying or replicating the trades of other traders involves a high level of risks, even when copying or replicating the top-performing traders. Past performance of a BingX community member is not a reliable indicator of his future performance. Content on BingX's trading platform is generated by members of its community and does not contain advice or recommendations by or on behalf of BingX.