Daily Newsletter 7/10/25

Initial jobless claims declined, surpassing expectations and indicating further strength in the economy.

Stock futures are down this morning as investors weigh new tariff threats from President Trump against recent gains in tech stocks. The cautious mood follows a strong rally led by Nvidia, with markets now focused on trade policy developments and upcoming economic data.

NVDA briefly surpassed a $4 trillion market valuation yesterday, becoming the first publicly traded company to reach that milestone during intraday trading.