Thursday, August 7, 2025

Trump Carving Out Items in Tariffs; More Companies Reporting Positive 2Q Results; Dog has Tic (sorry)

Editor's Note: Apologies for the short post. Animal emergency. Tic on dog. Needs to go to vet.

Different Day, Same Story (DDSS).

Stock futures are ripping higher as companies report generally-positive second quarter results.

Companies that reported after the close Thursday include AppLovin (APP), Draft Kings (DKNG), and Jack In the Box (JACK). Before the opening bell Thursday, Lilly (LILY), Conoco Phillips (COP), and Sony (SONY) have reported and are in focus.

WTI crude oil is at $64.79, the lowest since June 24. Gold and silver are being bid. Gold, $3,456.70; Silver, $38.51.

Trump is carving out items from tariffs, like chips, coffee, etc. What's the damn point?

At the Close, Wednesday, August 6, 2025:
Dow: 44,193.12, +81.38 (+0.18%)
NASDAQ: 21,169.42, +252.87 (+1.21%)
S&P 500: 6,345.06, +45.87 (+0.73%)
NYSE Composite: 20,489.05, +31.96 (+0.16%)



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