DAX up 1.2% Thanks to Tariff Deal – Agreement Between EU and US Brings Relaxation – Energy Component as the Heart of the New Deal – EU Commission Evades Escalation – US and China on Possible Extension of the Tariff Break – Tesla's Billion-Dollar Deal With Samsung – Citigroup With new Premium Credit Card

On Friday, July 25, 2025, the S&P 500 and Nasdaq Composite reached new all-time highs, while the Dow Jones also saw a slight increase, closing near its previous record level. The S&P 500 rose by about 0.4%, the Nasdaq gained around 0.3%, and the Dow increased by approximately 0.5%. The trigger for the rally was strong quarterly earnings from major companies – such as Deckers Outdoor (+11.3%) driven by solid business figures and international demand for its UGG and Hoka brands, as well as the tech giant Alphabet – combined with continued...