SUMMARY: U.S. stocks rose on Wednesday, driven by hopes that the Federal Reserve will cut interest rates in September following better-than-expected inflation data. The S&P 500 gained 0.4%, the Dow Jones added 259 points, and the Nasdaq also hit new highs. Asian markets surged, with Hong Kong’s Hang Seng up 2.6%, while European markets rose modestly. Treasury yields fell as investors anticipated rate cuts. Strong earnings from Brinker International and a HanesBrands acquisition boosted stocks. However, grocery stores dropped after Amazon expanded same-day fresh grocery delivery. Concerns remain that rate cuts could worsen inflation, with key inflation data due Thursday.

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SUMMARY: On July 29, 2025, the U.S. stock market neared record highs as July inflation data showed a 2.7% year-over-year increase, slightly below expectations. The S&P 500 rose 0.6%, the Dow gained 1%, and the Nasdaq was up 0.5%. This fueled optimism for a Federal Reserve interest rate cut in September to support economic growth, despite inflation risks from tariffs. The Fed remains cautious, balancing inflation control with job market health. Internationally, Australia cut rates again, and Asian markets reacted to tariff delays with mixed moves. Key stocks showed volatility amid mixed earnings and economic forecasts.

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SUMMARY: President Donald Trump announced plans to address homelessness and crime in Washington, D.C., proposing to deploy about 500 federal law enforcement officers—including FBI, ATF, DEA, ICE, and Marshals—to patrol the city. He vowed to “liberate” the capital and remove homeless people “immediately,” relocating them away from the city, while promising to incarcerate criminals. Washington Mayor Muriel Bowser expressed skepticism about using the National Guard and urged federal support through prosecutors and judges instead. Despite Trump’s claims of a crime surge, D.C. officials report a 26% decrease in violent crime this year. Any federal takeover would require repealing the Home Rule Act, likely facing strong opposition.

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