On June 30, 2025, U.S. stock markets soared to new heights. The S&P 500 and Nasdaq Composite both closed at record levels. (Source: AP News, Axios, June 30, 2025)
The S&P 500 increased by 0.5% to 6,173.07, and the Nasdaq Composite also rose by 0.5%, reaching 20,273.46. The Dow Jones Industrial Average saw a 1% gain, closing at 43,819.27.
This surge follows a period of volatility earlier in the year, notably the 2025 stock market crash from April 2 to April 10, triggered by new tariff policies. The Federal Reserve maintained a cautious approach, keeping the federal funds target rate at 4.25% to 4.50% at its June 18, 2025 meeting. (Source: AP News, Axios, June 30, 2025)
Despite pressure for rate cuts, Fed Chair Jerome Powell emphasized monitoring economic developments. Investors are closely watching the Federal Reserve's actions and the administration's trade policies.