US stocks closed mixed Tuesday, but the benchmark S&P 500 (^GSPC) was able to eke out a new record as Wall Street digested a new batch of earnings, including a tariff warning from General Motors (GM),

Stock market today sees S&P 500 near record highs as Alphabet rises 3.5% and Tesla slides. Dow drops on IBM miss.

Wall Street's reliance on a small number of high market-value stocks to keep momentum going for the U.S. equities bull market will be tested in coming days as major technology and growth companies report earnings.

Trump’s tariffs and recent trade deals continue to affect global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.

Six months into President Donald Trump’s second term, a quick glance at the stock market offers a reassuring picture: The S&P 500 just closed above 6,300 points for the first time ever and has notched eight record highs in the past month.

Investors held onto hopes that the U.S. and Japan’s trade agreement could lead to a tariff breakthrough with other countries, and pushed the S&P 500 and Nasdaq Composite to fresh record highs.

It's not that the stock market hasn't moved. We've seen several new all-time highs, and the S&P 500 is up by 1.6% in July so far. While 1.6% might not seem like much, it works out to more than 20% annualized. If your portfolio made 1.6% every month, you'd be very happy.

Stocks like Sun Pharma, eClerx Services, Indian Energy Exchange, Anant Raj, REC, Aether Industries, Larsen & Toubro, Torrent Power, Enviro Infra Engineers, GR Infraprojects, and Adani Enterprises will be in focus on July 25.

Among Sensex stocks, Bajaj Finance dropped 6.17 per cent to Rs 899.80, leading the index losers. Bajaj Finserv followed with a 4.42 per cent fall. Other losers included Tata Steel (down 1 per cent), Hindustan Unilever (down 0.88 per cent), Power Grid Corporation of India (down 0.7 per cent), and UltraTech Cement (down 0.6 per cent).

The negative start reflects cautious investor sentiment amid global market uncertainty and profit booking at higher levels

Retail investors are largely behind the stock market reaching new records, buying $50 billion in stocks in the last month alone, Barclays estimated.