Stocks rose with Nasdaq hitting an all-time high, boosted by expectations of more Fed easing.

From Investing.com: 2025-06-27 04:18:00

US equity markets surged on Thursday, with the Nasdaq leading the way by climbing 0.9% to a new all-time high. The S&P 500 and Dow also posted gains, while small-cap Russell 2000 outperformed with a 1.7% jump. Investor sentiment remained positive despite concerns about the US economy and upcoming tariff expiration. Asian markets continued the positive momentum on Friday, with Japan’s Nikkei rising 1.2% and Singapore’s STI adding 0.6%. US labor market data showed continuing claims hitting a 31-month high, potentially pushing the Fed to consider interest rate cuts. The US dollar extended its slide as markets expect a dovish Fed. Despite softer economic data from Japan, the yen held steady. Gold prices slipped below key support levels due to waning safe-haven demand.



Read more at Investing.com: Stocks Extend Run as Traders Price In More Fed Easing