S&P 500, Nasdaq close at records; Deckers soars on UGG demand

July 26, 2025

The S&P 500 and Nasdaq reached record highs, fueled by optimism for a U.S.-EU trade deal and strong earnings from companies like Deckers Outdoor. Intel’s disappointing forecast led to a stock decline, while investors await the Federal Reserve’s decision on interest rates amid trade concerns.

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