On July 23, 2025, President Donald Trump announced a trade deal with Japan that cut auto import tariffs to 15% from 25% and includes a $500 billion Japanese investment package. U.S. stocks surged to intraday records as the S&P 500 reached about 6,353, the Dow hit 44,958, the Nasdaq rose 0.5%, and the VIX fell…
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Nvidia (NVDA) became the world’s most valuable semiconductor firm and rose about 4% after the U.S. reversed the export ban on advanced AI chips to China, with Nvidia applying for licenses to resume selling its H20 GPUs and noting the April ban could cost up to $15 billion in revenue. The Nvidia H20 GPU is…
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