Stock Market Today: Dow, S&P 500, Nasdaq Futures Climb as Trump-EU Trade Deal Kicks Off Huge Week in Markets

Overview (July 28, 2025)

U.S. stock futures are pointing higher early Monday, buoyed by a newly announced trade framework between the U.S. and the European Union that averts an immediate escalation in transatlantic tariffs.

 The deal, struck over the weekend in Scotland, sets a 15% baseline tariff on most EU exports to the U.S.—half the previously threatened 30%—in exchange for the EU committing to purchase $750 billion in American energy and invest $600 billion in the U.S. economy.

 This positive development comes ahead of a packed week featuring corporate earnings, a Federal Reserve interest rate decision, and ongoing U.S.-China trade talks, setting the stage for potential volatility.

Current Futures Snapshot

As of pre-market trading on July 28, 2025, U.S. equity futures are advancing, reflecting relief over the U.S.-EU agreement and optimism for further global trade resolutions.

 Here’s the latest data:

These gains suggest the Dow could open around 200 points higher, building on Friday’s close near 44,900.

 European markets are also rallying, with futures up over 1% in response to the deal easing tariff fears.

Impact of the Trump-EU Trade Dea

President Donald Trump hailed the agreement as “the biggest deal ever made,” emphasizing boosts to U.S. energy exports, job creation, and tourism ties.

 While the 15% tariff on EU goods (rising to 27.5% for autos) is higher than pre-Trump levels, it represents a compromise that avoids a full-blown trade war.

 Analysts note this could stabilize supply chains for industries like autos and agriculture, though EU exporters face added costs that may fuel inflation across the Atlantic.

The euro strengthened slightly to around $1.1765 against the dollar following the announcement.

 Global shares in Asia were mixed, with some gains tempered by ongoing U.S.-China tensions.

What’s Ahead This Week

This trade breakthrough kicks off a critical week for markets:

• Earnings Season: Reports from major tech and consumer firms could drive sector-specific moves.
• Fed Meeting: Investors eye potential rate cuts amid economic data.
• U.S.-China Talks: Negotiations in Stockholm may extend the current tariff truce, with a 90-day extension anticipated.

Market volatility, as measured by the VIX, remains low but could spike on any surprises.

 Traders are advised to monitor real-time developments, as geopolitical shifts continue to influence sentiment. For the latest quotes and analysis, check financial platforms like Yahoo Finance or CNBC.