Markets rallied last week, with the S&P 500 and Nasdaq hitting all-time highs. All 11 sectors rose, driven by strong earnings and trade optimism. 80% of reporting S&P 500 firms beat EPS estimates. A U.S.–Japan tariff deal boosted sentiment. Bonds also gained, with the Aggregate Index up 3.6% YTD.
Market commentary 7/29/25
