Global Markets Recap – July 11, 2025: Wall Street Gains, Europe Mixed, Crypto Surges

Global financial markets closed yesterday, July 10, 2025, with a mix of cautious optimism and selective volatility. In the United States, major equity indices ended higher. The S&P 500 advanced 0.27% to 6,280.46, the Dow Jones Industrial Average gained 0.43% to 44,650.64, and the Nasdaq Composite posted a modest 0.09% increase, closing at 20,630.66. The Russell 2000, tracking smaller-cap stocks, rose 0.48% to 2,263.41, while Canada’s S&P/TSX Composite Index added 0.41% to finish at 27,082.30.

European markets were more mixed. The UK’s FTSE 100 led the continent with a strong 1.23% climb to 8,975.66 points. France’s CAC 40 gained 0.30%, but Germany’s DAX fell 0.38% to 24,456.81, and the pan-European EURO STOXX 50 edged down 0.14%. The MSCI Europe index posted a mild 0.26% rise.

In Asia, Hong Kong’s Hang Seng was the standout performer, surging 1.57% to 24,405.41. Shanghai’s main index rose 0.63%, and Japan’s Nikkei 225 eked out a 0.08% gain, closing at 39,673.34. India’s S&P BSE SENSEX declined 0.84%, reflecting regional divergence.

Commodities markets saw precious metals and energy rising. Gold climbed 0.64% to $3,346.90 per ounce, while Silver surged 2.44% to $38.22. Crude Oil advanced 0.48% to $66.89 per barrel, and Brent Crude added 0.38%, trading at $68.90. Copper retreated 0.38% to $5.5695.

Currency markets showed the US dollar strengthening against several peers. USD/JPY rose 0.47% to 146.8970, USD/CAD gained 0.31% to 1.3696, and the euro weakened 0.20% against the dollar to 1.1676. The US Dollar Index increased 0.14% to 97.79, signaling continued support for the greenback amid global uncertainty.

In US Treasury yields, the 10-year note yield ticked up by 0.09% to 4.3460%. The 5-year yield climbed 0.28% to 3.9310%, while the 30-year long bond yield fell 0.31% to 4.8610%. Investors continue to gauge the impact of persistent inflation and central bank policy adjustments.

Sector performance reflected selective enthusiasm. The Basic Materials sector led with a year-to-date return of 16.07%, followed by Industrials at 13.25%. Financial Services rose 10.92% in 2025 so far, while Technology increased by 8.46%. In contrast, Healthcare lagged, down 0.59% for the year.

Among notable stocks, MP Materials soared 50.62% to $45.23, while Above Food Ingredients rocketed 335% to $1.55 on exceptionally high volume. Airline stocks rallied sharply: American Airlines jumped 12.72%, United Airlines gained 14.33%, and Delta Air Lines climbed nearly 12%.

The cryptocurrency space experienced impressive gains. Bitcoin surged 6.53% to $118,319, commanding a market capitalization exceeding $2.35 trillion. Ethereum advanced 8.61% to $3,023. Dogecoin posted a double-digit rally of 10.87%, trading above $0.20, and XRP rose over 7%.

In Israel, the Tel Aviv Stock Exchange traded slightly lower. The TA-35 Index declined 0.24% to 3,056.80, on total equity turnover of roughly 2 billion shekels. The TA-90 slipped 0.11%, while the TA-125 fell 0.21%. The Banks Index edged up 0.03%, reflecting sector resilience. Total stock trading volume approached 3.5 billion shekels, with bond turnover above 3 billion.

Overall, July 10 was characterized by cautious buying across US and Asian equities, selective pressure in European markets, and powerful momentum in digital assets. Investors remain attuned to evolving macroeconomic signals, interest rate expectations, and signs of renewed appetite for risk in both commodities and crypto.