MRKT Matrix Stocks Bounce On Trade Deal Progress
Jul 23, 2025
Excitement brews as the Dow jumps 400 points, thanks to a new trade deal between the U.S. and Japan. Meanwhile, Canada stands firm, refusing any trade agreements at any cost. As tariffs reshape global markets, U.S. tech companies brace for changes. The podcast also highlights meme stocks like GoPro and Krispy Kreme making waves. On the flip side, Texas Instruments faces a stock plunge due to concerns over chip demand and tariff impacts. The evolving landscape of trade deals heavily influences the financial scene.
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Market Surges on Trade Deal Optimism
- The S&P 500 and Nasdaq rose significantly due to optimism about trade deal progress before tariff deadlines.
- Trump's deal with Japan and moves toward agreements with the EU and others boosted market sentiment.
US-Japan Trade Deal Highlights
- Trump secured a deal with Japan setting tariffs at 15%, avoiding a higher 25% rate.
- Japan agreed to invest $550 billion in the U.S. with most profits benefiting America and opened markets for U.S. products.
Canada-US Trade Tensions Rise
- Canada faces possible 35% tariffs from the U.S. starting August 1, causing tense last-minute talks.
- Canada insists it won't accept a deal unless beneficial, emphasizing national pride and protection of jobs.