30 June 2025, 23:24 USA: S&P 500, Nasdaq Climb to New Highs.
US stocks rose on Monday as investors aimed to close out a volatile first half of 2025 with fresh record highs. The S&P 500 and Nasdaq 100 both gained 0.5%, extending their all-time highs, while the Dow added 207 points, supported by strong performances from Big Tech giants like Microsoft and Meta, which also reached new peaks. Optimism increased amid signs of progress in trade negotiations, highlighted by Canada’s recent decision to scrap its digital services tax targeting US tech firms - an easing of tensions that had unsettled markets. Investors remain focused on the July 9 deadline for the possible expiration of President Trump’s tariff reprieve, hoping that additional trade deals will help avoid tariff escalations. Meanwhile, Treasury yields declined as expectations grew for Federal Reserve rate cuts later this year, creating a favorable environment for equities. The S&P 500 marked its best quarter since late 2023, led by strong corporate earnings and stable inflation.
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