Market Brief 7 July, 2025

Good evening, investor! Today, the markets experienced a downturn, with the S&P 500 Index (GSPC) decreasing to 6,229.25, down by -0.68%, while the Nasdaq 100 Index (NDX) also fell, reaching 22,685.05, a -0.7% decrease. News regarding tariffs and trade policies, particularly those related to BRICS nations, weighed heavily on investor sentiment. Elon Musk's announcement of a new political party, embracing Bitcoin, further stirred the market, creating both excitement and uncertainty. Several companies are also reporting earnings, and economic events are scheduled for this week, which could influence market movements.