US Edition
TSX, S&P 500, Nasdaq Close at Record Highs; Loonie Recovers From Friday Dip
- The S&P 500, Nasdaq Composite, and Dow Jones Industrial Average all closed at or near record highs as of July 1, 2025, supported by broad market optimism.
- This rally follows growing optimism around the U.S. nearing significant trade deals with China and the UK before a July 9 deadline to avoid reciprocal tariffs.
- Market gains coincided with declining ten-year Treasury yields and a weaker U.S. dollar amid investor bets on potential Fed rate cuts and easing geopolitical tensions.
- The Nasdaq Composite rose 5.3% this quarter, the S&P 500 surpassed 6,210 points, and the Dow gained 4.7% this quarter, reflecting strong quarterly performances.
- The momentum suggests Wall Street may close the second quarter of 2025 on a strong note, though challenges remain as trade talks continue and policy risks persist.
Insights by Ground AI
Does this summary seem wrong?
12 Articles
12 Articles
All
Left
1
Center
2
Right
1
Stock Market Today: Dow Gains; S&P 500, Nasdaq Aim for Records; Canada, Trump Trade Talks Lift Stocks; Tesla, Nvidia, Palantir, More Movers
The Dow, S&P 500, and Nasdaq are rising Monday as the stock market reacts to trade talks resuming between Canada and the U.S.
·New York, United States
Read Full Article
Coverage Details
Total News Sources12
Leaning Left1Leaning Right1Center2Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 25%
C 50%
R 25%
Factuality
To view factuality data please Upgrade to Premium
