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S&P 500 Snapshot: New Record High

Summary by eNCA
S&P 500, Nasdaq end at fresh records after solid US jobs data Estelle.Bronkhorst Fri, 07/04/2025 - 08:00 NEW YORK - Wall Street stocks surged higher following US jobs data that topped estimates as President Donald Trump's massive tax cut measure neared final passage in Congress.The broad-based S&P 500 jumped 0.8 percent to 6,279.35, a second straight record.The tech-rich Nasdaq Composite Index gained 1.0 percent to 20,601.10, also a record…

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This has dampened expectations that the Fed will cut interest rates more sharply this year, as requested by US President Donald Trump, which has supported the rise in stock prices in recent weeks.

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The Loadstar broke the news in on Thursday, July 3, 2025.
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