The stock market closes the chao quarter with a high note as the S&P 500 notches another new record
The US stock market on Monday hit new highs across multiple indices. This concludes a rapid departure from the past few months as one of the most confusing accommodations for stocks in memory of recent times.
The second quarter began with a historically turbulent memo, with President Donald Trump. Cleaning fee announcement on April 2nd Puts the US into free fall and bond markets in turmoil Global economic domination It’s at risk. But since then, the market has steadily risen and climbed as investors have shaken up concerns about policy and focused on news they want to see like a potential tax cut.
In fact, both the S&P 500 and the Nasdaq It hits its highest ever high on Friday After Trump said the US had signed a trade deal with China. Moment continued on Monday, with the S&P 500 and NASDAQ increasing new all-time highs and 0.52% and 0.47% from Friday’s session, respectively. The Dow Jones industrial average rose 0.63% that day (but not in record territory).
“As the market reaches its new high, even the economic surprise at the 11-month lows, there remains long-term congestion and tariff-related uncertainty. Morgan Stanley Wealth management.
An upward swing occurs as inflation stabilizes and revenue trends increase. That said, some analysts and economists point to other potential cracks.
“Maybe it’s not enough for the S&P 500 to return to previous records,” writes Hubert De Barochez, senior market economist at Capital Economics. He looks good in the large company’s stocks, but the Russell 2000, a small-cap index in the US, is still below its record high, and the so-called index is 7 magnificent technology stocksIncludes stubborn people like Amazon, appleand TeslaIt also has not surpassed its previous highs.
That said, it hit a record high late Monday after CEO Mark Zuckerberg announced a restructuring of the company’s artificial intelligence group.
More volatility is possible. Next week, the president’s 90-day tariff suspension is set to expire, dealing with many countries that have not yet been done. There is also the uncertainty surrounding the Republican tax bill. $3.3 trillion in deficit Whether or not they will be able to pass through both council rooms this week for over a decade. Analysts say inflation related to tariff policy has not yet been seen in official data.
“We believe that the high levels of uncertainty, especially due to Trump’s chaotic policymaking, will prevent the S&P 500 from rising as quickly as it has recently,” writes De Barochez. “The imminent expiration of the tariff ‘suspension’ could cause another boot of market volatility. ”