Daily Market Recap – July 10, 2025

Craig Foster
Jul 10, 2025
2 min read

Global and U.S. markets are showing strength today as equities rally, driven by optimism around crypto and favorable economic indicators. The USDA’s WASDE report is also in focus, shaping commodity sentiment.

📈 U.S. Markets

Dow Jones: Closed at 44,650.64 +0.43%
S&P 500: Closed at 6,280.46 +0.27%
Nasdaq: Closed at 20,630.70 +0.09%

Cryptocurrency Highlights

Bitcoin (BTC) surged to a new all-time high near $116,341, fueled by bullish options flow and institutional accumulation.
Ethereum (ETH) broke out above $2,790, now trading around $2,929, signaling bullish momentum with strong technical structure.
The broader crypto market is widely green, with inflows to U.S. spot BTC and ETH ETFs at $218M and $211M respectively.

Commodity Updates

Agriculture:

U.S. corn export sales exceed 69.4 million metric tons, boosting prospects amid Brazilian tariffs debates.
Soybean and grain futures pulled back following improved Midwest weather
The July 11 WASDE report, due tomorrow, remains a key event for grain price forecasts.

Other Commodities:

Tomato tariffs may resume on July 14, potentially triggering ~50% price increases and impacting consumer markets.

Energy & Metals

Crude Oil: Closed 66.83/barrel +2.22%
Gold: Closed $3,343.80/oz +0.54%

Bond Market

U.S. 10‑Year Treasury Yield: ~4.34%
U.S. 30‑Year Treasury Yield: ~4.85%

(Bond prices remain under pressure as equity markets climb and treasury yields edge higher.)

🔭 Looking Ahead

Watch for reactions to tomorrows USDA WASDE report impacting grains and commodities.
Key crypto technical levels: Bitcoin support at $110K and Ethereum above $2,800—momentum traders will track breakout sustainability.
Equity markets likely to stay buoyant as long as crypto flows and inflation signals hold steady.

Disclosure: The information provided herein is for informational purposes only and should not be construed as investment advice. Market conditions are subject to change, and past performance is not indicative of future results. Please consult with a financial advisor before making any investment decisions.