Mixed signals in the market with record highs for some indices, but lower for Russell 2000

From Investing.com: 2025-06-30 14:27:00

E-mini Nasdaq 100 Futures hit an all-time high of 22,901.50, with S&P 500 Futures also nearing record levels. However, Russell 2000 Futures are down 3.73% YTD. The USD has dropped 9.93% YTD, while precious metals and G10 FX futures are up. Fed officials are divided on rate cuts in 2025. Market predicts two cuts by October and a 65% chance of a third cut by year-end. Morgan Stanley sees possible rate cuts in 2026. Economy faces stagflationary pressures with GDP growth revised down and inflation forecast up. Trump’s BBB bill could add $3.3 trillion to national debt. Geopolitical tensions remain in Middle East and Eastern Europe, while NATO members commit to increased defense spending. China focuses on regional stability at the SCO summit. Global alliances are shifting, and market participants must watch price action closely for guidance.



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