US Stock Market Live: Dow Futures Jump 300 Points, S&P 500 & Nasdaq Hit Record Highs; Global Markets Rally Amid Trade Talks and Economic Data Boost

The futures on Wall Street continued its speed from the previous week, in which Dow Jones Industrial Average futures grew more than 300 points, while S & P 500 and Nasdaq futures climbed 30 and 140 points respectively in the early business of Monday. Gone. On Friday, both S & P 500 and Nasdaq were closed at all time high levels, which continue the rally inspired by American economic data, decrease in inflation and optimism about global business development.

Wall Street rallies as global markets respond to trade optimism.

On Friday, 30-stock Dow Jones Index added more than 430 points, so that it decreased its record high - now it is just 1,250 points away. This edge is being attributed to many catalysts, including:

• Expected to cut new interest rates by the US Federal Reserve

• A Light Inflation Print

• Low geo-political stress in the Middle East

• New hopes of business negotiations, especially with South Korea and EU

The next week is a small business week for US markets due to the independence day leave on Friday, but it is full of issuance of major economic figures including PMI reading for non-agricultural payroll, auto sales and manufacturing and services.

Global Economic & Trade Developments

South Korea Pushes for Tariff Negotiation Extensions

South Korea is actively seeking expansion to avoid new American tariffs on automobile and steel, a senior official has described the "Unreal" from July 9th. Unstable status in the US has made the results uncertain.

UK, US Begin Tariff Rollbacks on Key Industries

Under a new economic agreement between President Trump and PM Kier Starmer, tariff decreased from 25% to 10% or completely ended, thereby promoting Britain's auto and aerospace sector. However, the current 25% of the current is made on the steel sector.

Canada Withdraws Digital Services Tax Amid Trade Tensions

In an attempt to resume stopped business negotiations, Canada has removed its digital tax on legendary tech companies like Google and Meta. This step has been raised after the announcement of ending all business discussions with President Trump, although it is not clear whether the counter-American tariff will be applied or not.

Asian Markets React Positively

Due to the strong closing of Wall Street and the better data of China, the Asian market opened with the edge on Monday.

• Nikkei edge of 1.13% in 225

• Topics increased by 0.77%

• Increase of 0.63% in Kospi

For June, China's official manufacturing PMI increased from 49.5 to 49.7, which is a sign of improvement, but still in contraction. Service PMI increased to 50.5, which indicates minor expansion.

Meanwhile, the industrial production of Japan was less than forecast, in May it increased by only 0.5%, while it was expected to be uneven global improvement between tariff effects.

Crypto Market in Flux

While bitcoin touched the record height at the beginning of 2025 and received political support in the US, altcoin struggles. The market value of more than 300 billion dollars has been erased from non-bitcoin assets, thereby worrying about long-term viability in crypto spaces.

Pharma Watch: China’s First Local Obesity Drug

Innovent Biologics Inc. Received regulatory approval for mazdutide, which became the first severe Chinese opponent for Novo Nordisk and Eli Lily in obesity drug market. Analysts estimate that China's weight loss drug sector can be up to $ 11.4 billion annually.

Oil, Gold & Bond Markets

• Oil prices declined rapidly, Brent reached around $ 67 a barrel, because the hedge funds wager against the further edge before the potential OPEC + supply growth.

• Before the global stress, and before the expectations of the trade agreement before the 9th July, gold has declined third consecutive week.

• Pure clearance was seen in South Korean bonds, which ended 43 days of foreign procurement, because the rising prices of houses reduced the chances of cut interest rates.

Washington Politics: Tax Bill Turmoil

The majority of the Senate is important for the leader John Thun, because he is trying to unite the Republicans before the headline of the President Trump and the expense bill before the time limit. Internal GOP differences on health care and clean energy subsidy can delay the law or get it from track.

Stay with us for real-time updates on the major political developments affecting the stock market, global economy and investor spirit.

Disclaimer: This content is for informational purposes only and does not constitute financial, investment, or trading advice. Market conditions can change rapidly—always conduct your own research or consult a licensed financial advisor before making decisions.