Jul. 29 at 1:42 PM
*July 29, 2025 Opening Bell Rundown*
- The Federal Reserve begins its two-day meeting today to discuss its rate decision and accompanying statements.
- The S&P 500 and Nasdaq hit record highs six and ten straight times respectively.
$SPY
- Trump warned countries without US trade deals will face new baseline tariffs of 15%-20%.
- Union Pacific to acquire Norfolk Southern for
$85B, creating the first US transcontinental railroad.
$NSC $UNP
- UPS shares drop 4% after missing profit estimates and withholding financial guidance due to uncertainty.
$UPS
Have a great day! ☺️