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Today’s Stock Market
July 21, 2025 at 9:00 a.m. EST
For the second consecutive week, major US indices traded in a pretty tight range, closing on either side of unchanged. Strength in the mega-cap tech stocks helped the S&P 500 notch a new all-time high with options expiration keeping the index pinned to the 6,300 strike at the end of the week. Futures are trading modestly higher in the pre-market coming out of a pretty quiet weekend of news. S&P futures are currently trading 0.15% above fair-value while R2K futures are up ~0.6%. Earnings season is set to kick into high gear this week with ~20% of companies in the S&P 500 reporting. The economic calendar is pretty light with claims and PMIs on Thursday and durable/capital goods orders on Friday the most impactful numbers.
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