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Stocks End Higher on Trade Talk Hopes | Closing Bell
Bloomberg Televisionยท2025-07-14 21:16

Market Performance & Indices - Major indices are mostly green, influenced by upcoming CPI data and big bank earnings [2] - S&P 500 shows little change overall, but trade tariff threats impact market activity with reduced volume [5] - The Dow Jones Industrial Average is expected to close higher by more than 80 points, approximately 02% [6] - The S&P is up about ten points, roughly 01% [6] - The Nasdaq Composite is adding about 03% [6] - The Russell 2000 is outperforming, up 15 points or about 07% [7] Sector Analysis - More stocks moved higher in the S&P, with 286 to the upside and 213 to the downside [7] - Tech sector is slightly down by 02%, while energy and material stocks are lower by 04% due to sinking oil prices [8] - Communication services, financials, and Real Estate Investment Trusts are the best performers [8] Company Specifics - Fastenal reported a 86% increase in net sales for the second quarter, meeting analyst estimates, shares are 4% higher [9] - Warner Brothers Discovery shares are up more than 2% after reporting domestic revenue of at least $215 million for Superman movie [12] - Warner Brothers Discovery Superman movie took in $220 million worldwide, with $125 million in US ticket sales, beating expectations of $115 million [12] - Candy shares are up by more than 22% [16] - Waters stock fell for double digit losses after announcing a merger valued at $175 billion [17] - Constellation Brands shares fell after President Trump declared a 30% tariff for Mexico and the EU [18] - Fluence Energy's market cap is about $14 billion, with year-to-date performance down 50% [21] Tariffs & Trade - President Trump's comments suggest openness to negotiating trade, providing some relief to investors [3][4] - Tariffs are impacting companies, with a swimming pool maker likely to hike prices for a second time this year [29] - The US has collected more than $100 billion in tariff revenue, but its impact on income statements and inflation data is yet to be fully seen [30] Economic Indicators - Treasury yields are rising, with greater moves on the longer end of the curve [22] - The short end of the curve shows narrow range moves, with a one to three basis point change [23]