Stocks Steady as Traders Look Through Chaos to Corporate Results

Published on July 10, 2025

US equities swung between small gains and losses at the open Thursday as investors parsed through a slew of tariff headlines and looked ahead to corporate results that are due to start in the earnest next week.

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Unemployment Claims Down 5K, Lower Than Expected

July 10, 2025
In the week ending July 5th, initial jobless claims were at a seasonally adjusted level of 227,000. This represents a decrease of 5,000 from the previous week's figure. The latest reading was lower than the 236,000 forecast.

Pentagon Invests in Rare Earth Magnet Producer to Back New Plant

July 10, 2025
Rare earth magnet producer MP Materials Corp. secured a $400 million equity investment from the US Department of Defense to build a new plant, with a $1 billion financing commitment from JPMorgan Chase & Co. and Goldman Sachs Group Inc. The shares soared.