Today's War Room Trading Recap

📈 U.S. Equities

• S&P 500 closed at a record 6,280.46, up 0.3%

• Nasdaq Composite ended at 20,630.66, rising 0.1%

• Dow Jones gained 0.4%, closing at 44,650.46

• Russell 2000 (small‑caps) advanced 0.5%

Boosts came from strong airline earnings (Delta +12%, United +14%), MP Materials (DOD contract), and a bumper M&A in consumer staples (WK Kellogg +30.6%)

🌍 Macro Drivers & Trade Winds

• President Trump announced 50% tariffs on Brazilian goods and copper, effective August 1—creating short-term uncertainty

• Despite tariff noise, investor focus remained on AI and mega‑cap leadership, with Nvidia climbing to a $4 trillion valuation Reuters.

🏦 Fixed Income & Dollar

• 10‑year Treasury yields rose slightly to ~4.35%, reflecting reduced expectations of a July Fed rate cut

• The U.S. dollar saw modest strength but remained near multi‑year lows in broader comparisons

🔍 Sector & Stock Highlights

• Airlines: Delta and United soared on earnings optimism; travel stocks led gains AP 

• Materials/Mining: MP Materials jumped ~50% on U.S. DoD news; copper surged amid tariff chatter

• Tech: Nvidia hit historic valuation, AMD +4.2% on AI demand; CoreWeave down ~9.6% 

• Notables: Estée Lauder +6–7%, Tesla +3–4%, while Netflix, Intuit, Accenture lagged 3–4% Moneycontrol.