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Daily Market Commentary

August 5, 2025

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August 5, 2025

Bonds & Stocks
Stocks held near record highs amid a batch of corporate results, with traders awaiting a fresh reading on US services. Treasuries fell ahead of a $58 billion sale of three-year notes.

Economy
President Donald Trump said that US tariffs on semiconductor and pharmaceutical imports would be announced “within the next week or so," as the administration prepares to target key economic sectors in its effort to remake global trade.

World
Swiss President Karin Keller-Sutter is flying to Washington on Tuesday in a last-minute bid for a deal to lower the 39% tariff imposed last week by Donald Trump.

The information represented herein was obtained from various sources, which we believe to be reliable. Neither the information presented nor opinions expressed constitutes an offer to buy or sell any security. And it is not intended to guide the investor on which securities to buy, or when to buy or sell.