Stocks rise on positive trade news and consumer sentiment, despite weaker economic indicators.

From Nasdaq

June 27, 2025 1:33:00 PM:

Stock indexes are on the rise today, with the S&P 500, Dow Jones Industrials, and Nasdaq 100 all up. Positive trade news and improved consumer sentiment are boosting stocks, despite weaker personal spending and income reports. Futures are also up, signaling continued gains. Overseas markets show mixed results.

US and China finalize trade understanding, with China committing to deliver rare earth materials. China will review export applications, and the US will lift restrictions. More trade deals expected with major partners. Treasury Department deal with G-7 excludes US companies from foreign taxes. Inflation expectations revised lower.

Unexpected declines in US personal spending and income reports, along with stronger core PCE price index, impact T-note prices. European bond yields rise. Fed rate cuts expected. Economic confidence in Eurozone falls. Swaps predict ECB rate cut in July. Stock movers include chip makers, Nike, and Apogee Enterprises.

Gold mining stocks fall as gold price hits a 4-week low. Coinbase Global down after Bitcoin price decline. CorMedix announces stock offering. Uber Technologies downgraded. Earnings reports for Apogee Enterprises and Immersion Corp. Market outlook shows positive momentum with some concerns about upcoming earnings season.

Read more at NASDAQ.: Stocks Rally on Hopes of Trade Deals