US stocks fell on 15 July as inflation concerns resurfaced, dragging the S&P 500 down 0.4%. The Dow slumped 1%, while only the Nasdaq 100 eked out a 0.1% gain, boosted by Nvidia. Tariff-driven price increases and reduced Fed rate cut bets lifted the US dollar to a 3-week high. Meanwhile, Asian markets remained resilient, with Hong Kong and Singapore equities extending gains. Gold rebounded 0.5% in Asia after holding key support at its 50-day moving average.
16-07-2025 07:39 GMT
by Kelvin Wong