
2025.7.17 Market Insight|Strong retail sales drive S&P and NASDAQ to new highs; oil surges but gold softens
U.S. retail sales and unemployment insurance declines support the economy, with the S&P 500 and NASDAQ at consecutive highs. The U.S. 10-year Treasury yield rises to 4.50% but the dollar pauses, WTI surges to $67 on supply concerns, and gold falls to $3,345. High tech and energy prices support selective risk-on.