US EditionTSX, 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.
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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
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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%
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