Stock market information for SPDR Dow Jones Industrial Average ETF (DIA)
- SPDR Dow Jones Industrial Average ETF is a fund in the USA market.
- The price is 435.74 USD currently with a change of -5.59 USD (-0.01%) from the previous close.
- The latest open price was 437.71 USD and the intraday volume is 5953245.
- The intraday high is 438.96 USD and the intraday low is 433.44 USD.
- The latest trade time is Friday, August 1, 21:08:45 +0100.
Stock market information for SPDR S&P 500 ETF Trust (SPY)
- SPDR S&P 500 ETF Trust is a fund in the USA market.
- The price is 621.72 USD currently with a change of -10.33 USD (-0.02%) from the previous close.
- The latest open price was 626.26 USD and the intraday volume is 133093259.
- The intraday high is 628.0 USD and the intraday low is 619.37 USD.
- The latest trade time is Friday, August 1, 21:09:49 +0100.
Stock market information for Bitcoin (BTC)
- The price is 113386.0 USD currently with a change of -3251.00 USD (-0.03%) from the previous close.
- The intraday high is 116774.0 USD and the intraday low is 113229.0 USD.
Stock market information for Ethereum (ETH)
- The price is 3511.4 USD currently with a change of -222.75 USD (-0.06%) from the previous close.
- The intraday high is 3749.63 USD and the intraday low is 3504.57 USD.
Market Overview
U.S. Equities:
The Dow Jones fell about 1.2%, the S&P 500 tumbled 1.6%, and the Nasdaq dropped nearly 2.2%, the steepest daily losses since June, triggered by soft jobs data and new trade tariffs.(AP News)
Crypto Markets:
Bitcoin is trading near $113,400, down around 3%, while Ethereum sits near $3,511, off nearly 6%. Major altcoins like Solana and Dogecoin posted losses up to 8% amid risk-off sentiment.(The Economic Times, CoinDesk)
Key Developments
1. U.S. Jobs Report Disappoints
July non‑farm payrolls rose only 73,000, significantly below expectations. Downward revisions removed 258,000 jobs from May and June data. This sparked fears of slowing growth and spurred talk of a Fed rate cut in September.(AP News)
2. Trump Unveils Broad New Tariffs
President Trump ordered sweeping tariffs—rising to 35–41%—on imports from roughly 70 countries, including Canada, India, Brazil and other key partners. The equity selloff reflects investor concern over corporate cost pressures and global trade frictions.(The Guardian)
3. Fed Rate Pause Beckons?
Weak labor metrics and tariff shocks have sharply lowered Treasury yields and surged market expectations of an interest rate cut in September, shifting investor sentiment toward dovish Fed policy.(AP News)
4. Tech Earnings Under Pressure
Despite solid revenue, companies like Amazon and Apple warned of margin headwinds from rising costs. Amazon shares slumped ~7%, dragging tech-heavy indexes lower.(AP News)
5. Bitcoin Consolidation in Focus
Bitcoin remains range-bound between $115K–$121K, consolidating near session lows. Analysts view $120K as a critical breakout level or potential trigger for further downside.(Iconomi)
6. Ethereum Risk Profile Shifts
Options markets now price ETH as riskier than BTC, reflecting heightened volatility and bearish sentiment among traders, despite significant inflows via spot ETH ETFs.(CoinDesk)
7. ETF Flows Diverge for BTC and ETH
Ethereum spot ETFs recorded a 20‑day inflow streak, fueling the token’s rally. Meanwhile Bitcoin spot ETFs saw outflows of roughly $115 million, adding downward pressure.(Cryptonews, businessinsider.com)
8. Emerging Market Currency Strain
Canada’s dollar slipped as markets priced tariff risks and slowing U.S. growth, reflecting broader stress on emerging and developed currencies tied to trade exposure.(The Times)
9. Oil & Commodities Retreat
Commodity prices, including oil and copper, declined as demand forecasts dim amid global economic uncertainty. Industrials and energy equities led losses across resource-heavy sectors.(en.wikipedia.org, The Times)
10. Bond Yields and Safe-Haven Flows
Investors fled risk assets into bonds and gold. The 2‑year Treasury yield hit a five‑week low, reflecting aggressive rate-cut positioning, while gold gained on safe-haven demand.(The Times)
11. Consumer Confidence Slips
July surveys reveal weaker sentiment and declining manufacturing activity, suggesting that trade policy shocks have reached households and business confidence.(The Times)
12. Market Volatility Picks Up
Volatility indices surged as major stock indices lost ground. Crypto volatility also spiked, with ETH showing increased sensitivity. Investors are reconsidering allocation to risk-sensitive assets.(CoinDesk, Yahoo Finance)
Market Movers
- Amazon: shares down ~7% after margin warning
- Coinbase stock: slumped ~18% amid crypto market weakness
- Ethereum: strong ETF inflows sustained despite price drop
- Solana, Dogecoin, BNB: each down 5–8% across digital assets
Investor Takeaway
Markets are grappling with a triple threat: unexpectedly weak labor data, sharply rising tariffs, and disappointing margin guidance from major tech firms.
While soft jobs numbers might pave the way for Fed easing, policy uncertainty and trade disruption pose substantial cyclical risks.
Cryptocurrency markets mirrored equity volatility, with ETH under particular pressure. Investors may consider favoring high-quality defensive assets or hedging exposures until clearer economic and policy signals emerge.