Back to today’s briefing

Story perspectives

U.S. Stocks Surge Amid Trade Deal Hopes, Texas Instruments Plummets

7/24/2025

34 3

Summary

Story summary

U.S. stocks soared on July 23, fueled by hopes of a trade deal with the EU, echoing a recent agreement with Japan. The S&P 500 and Nasdaq hit all-time highs, thanks to strong performances from Nvidia and GE Vernova. Yet, Texas Instruments' bleak earnings forecast sparked worries, causing an 11% stock plunge amid chip demand fears linked to tariff tensions.

1 of 1

Story summary

U.S. stocks soared on July 23, fueled by hopes of a trade deal with the EU, echoing a recent agreement with Japan. The S&P 500 and Nasdaq hit all-time highs, thanks to strong performances from Nvidia and GE Vernova. Yet, Texas Instruments' bleak earnings forecast sparked worries, causing an 11% stock plunge amid chip demand fears linked to tariff tensions.