Steady Markets Hold After Record Closes: Investors Await Trade Updates

Wall Street's major indexes opened steady after the S&P 500 and Nasdaq hit record highs. Investors are closely monitoring trade talks as they prepare for the August 1 tariff deadline. The Dow Jones, S&P 500, and Nasdaq started the day with slight gains, reflecting cautious optimism in the market.

Wall Street's major indexes opened steady Friday morning, maintaining the momentum from record closes for the S&P 500 and Nasdaq the day before. This comes as investors keenly watch for any developments in trade negotiations they prepare for the looming August 1 tariff deadline.

In early trading, the Dow Jones Industrial Average gained 63.4 points, a 0.14% increase, opening at 44757.28. Meanwhile, the S&P 500 rose by 6.7 points, or 0.10%, beginning the day at 6370.01. The Nasdaq Composite showed a modest rise of 2.0 points, or 0.01%, reaching 21059.941 as the market opened.

The modest gains reflect a sense of cautious optimism among investors, who are keenly anticipating the outcome of trade talks that could significantly impact market directions. This period remains crucial as stakeholders brace for any potential tariff-related impacts on the market.

(With inputs from agencies.)