Stocks hit record highs in first half of 2025 on weak dollar, strong gold and equities

From Quiver Quantitative: 2025-07-01 04:30:00

Wall Street ended the first half of 2025 strong, with the S&P 500 and Nasdaq hitting record highs. The dollar slid to a four-year low against the euro, and Treasury yields decreased. Trade talks with Canada resumed, and Trump pressured the Fed for rate cuts. Gold performed well, and oil saw gains despite minor losses. Senate Republicans rushed to pass Trump’s $3.3 trillion tax-cut and spending bill before July 4, facing internal divisions. Investors await Thursday’s U.S. jobs report for market direction. Market breadth and sector rotation could narrow, leaving gains concentrated in a few large-cap stocks.



Read more at Quiver Quantitative: Record Highs Close H1 as Dollar Weakness Fuels Gold and Equities