Samsung’s chip business just scored its biggest deal from a single customer ever, courtesy of Elon Musk

New York (AP) – American stocks are close to record levels on Monday after the United States agreed to impose taxis on cars and other products coming from the European Union at a rate of 15 %, less than president Donald Trump threatened earlier. However, many details should still be resolved, and Wall Street is heading to a week full of potential flash points that can shake the markets.
Another 0.1 % S & P 500 % added to early trading after setting the highest level every day last week. The Dow Jones industrial average decreased 19 points, or less than 0.1 %, as of 9:35 am, the NASDAQ compound is 0.3 % higher, and comes out of its own record.
The shares of American companies that produce and move liquefied natural gas in driving the market after the European Commission President said that the bloc members will buy $ 750 billion of US energy products over the next three years. This would help reduce Europe’s dependence on Russia for natural gas. Cheniere Energy 4.2 % increased, while Nextdecade increased by 3.4 %.
Tesla added 0.2 % after Elon Musk, its chief executive, said it had signed a deal with Samsung Electronics, which could be valued at more than $ 16.5 billion to provide chips for the electricity company. Samsung’s share in South Korea jumped by 6.8 %.
Many fireworks may be in the front this week. “This is busy like a week that can be included in the markets,” according to Larkin, Managing Director of Trade and Investment, at the Morgan Stanley.
Hundreds of American companies are lined up and ready to report the amount of profits they achieved during the spring, with nearly a third of all companies in the S& P 500 index scheduled for updates. This includes heavy markets in Apple, Amazon, Meta and Microsoft. These companies have grown so huge that their stock movements can only dictate what the total S&P 500 index does. The value of Microsoft alone is about $ 3.8 trillion,
On Wednesday, the Federal Reserve will announce its latest decision on interest rates.
Trump was calling out loudly and angry at the Federal Reserve to reduce interest rates, a step that could help give the economy a boost. But Federal Reserve Chairman Jerome Powell insists that he wants to wait for more data on how Trump’s tariff affects the economy and inflation before the Federal Reserve Bank has its next step. Low interest rates can also give inflation more fuel, and the economy has not recently come out through the beating, as inflation reached 9 %.
Wall Street’s widespread expectation is that the Federal Reserve will wait until September to resume interest rates, although two appointed from Trump can oppose the vote. The Federal Reserve has been suspended with interest rates this year since it was reduced several times at the end of 2024.
This week will also contain many possible market updates about the economy. On Tuesday, reports will come about the confidence of consumers in the United States and the number of jobs that open American employers who were declaring. On Wednesday, the first estimate of the growth of the American economy will appear during the spring, and economists expect a slowing view of the first three months of the year.
On Thursday, the last scale of inflation will be preferred to use for the Federal Reserve. The modest reading can give the Federal Reserve more space to reduce interest rates in the short term, while the most hot number of expected can make it more cautious.
On Friday, an update will be attended by the number of workers that American employers rented during the month of June more than fire.
Treasury revenues were relatively fixed in the bond market before all this procedure. The return on the cabinet remained for 10 years by 4.40 %, as it was late on Friday. The Ministry of Treasury’s return increased for two years, which follows more expectations of work, up to 3.92 % of 3.91 %.
In stock markets abroad, indexes in Europe were mixed amid modest movements mostly after announcing the framework of the commercial deal.
Chinese stocks as officials of the second largest economy in the world are preparing to meet an American delegation in Sweden to hold commercial talks. The shares increased by 0.7 % in Hong Kong and 0.1 % in Shanghai.
Indexes were mixed through the rest of Asia, as the Japanese Nikki 225 fell by 1.1 % for one of the largest losses in the world. Doubts about the trade truce required last week between Japan and Trump, especially the investment pledge of $ 550 billion in Japan in the United States
The conditions of the deal are still negotiated, and the official nature has not been written in writing, an official said that he insisted on not revealing his identity in detailing the conditions of the conversations. The official suggested that the goal was for a fund worth $ 550 billion to make investments towards Trump.
2025-07-28 14:11:00