US Edition
S&P 500, Nasdaq End at Records, Adding to Big Quarterly Gains
- On Monday, both the S&P 500 and Nasdaq ended at historic peak levels, concluding their strongest quarterly performance in more than a year with gains exceeding 10 percent.
- These gains followed Canada scrapping its digital services tax on Sunday, which targeted U.S. tech firms and reignited trade negotiation momentum.
- Investor confidence also rose as most large U.S. banks passed the Federal Reserve’s stress tests, boosting expectations for potential Fed rate cuts amid soft data.
- The Fear & Greed Index stood at 66.9 in the Greed zone on Monday, with the S&P 500 rising 0.52% to 6,204.95 and Nasdaq climbing 0.47% to 20,369.73.
- These market advances suggest easing trade tensions and reduced inflation concerns are driving optimism despite lingering geopolitical and tariff-related uncertainties.
28 Articles
28 Articles
The Korea Times
MSNS&P 500, Nasdaq close at record highs, cap best quarter in over a year
NEW YORK - The S&P 500 and Nasdaq reached record closing highs on Monday, capping their best quarter in over a year as hopes for trade deals and possible rate cuts eased investor uncertainty. Both ind...
Channel News Asia
S&P 500, Nasdaq end at records, adding to big quarterly gains
NEW YORK: Wall Street stocks rose again Monday (Jun 30) amid optimism over trade negotiations and US tax cut legislation to conclude the final session of the second quarter at fresh records. The S&P 500 finished at 6,204.95, up 0.5 per cent for the day and about 10.6 per cent for the quarter.
Stock market closes out chaotic quarter on a high note as S&P 500 notches another new record
The S&P 500 and Nasdaq hit new highs Monday, ending a turbulent quarter that saw a near-bear market two months ago. Monday’s U.S. stock market close marked fresh highs for multiple indices, a sharp departure from previous months as one of the most chaotic quarters for equities in recent memory came to an end. The second quarter began on an historically tumultuous note, with President Donald Trump’s April 2 announcement of sweeping tariffs sendin…
US markets finished the second quarter on a strong note, with the S&P 500 and Nasdaq extending last week's gains to new all-time highs as investors bet on deals and a de-escalation of trade tensions.
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