From Yahoo Finance: 2025-06-08 09:30:00

Stocks have rebounded off spring lows after Trump’s tariff announcements, with Wall Street experts suggesting a calmer summer ahead. Volatility may continue, but extreme swings are likely behind us, according to Solidarity Capital CEO Jeff McClean. Investors advised to step back amidst Fed uncertainty and political noise.

Since April lows, S&P 500 has surged 20%, driven by Communication Services, Consumer Discretionary, and Technology sectors. Market pros like Will McGough predict a quieter summer with Treasury yields holding steady despite ongoing Washington noise. Lack of major catalysts means markets may stay calm for now.

Investors could face key events like the Fed’s Jackson Hole symposium, tariff deadline in July, and progress of Trump’s bill in the Senate. Earnings and economic data are taking a back seat to politics, with D.C. influencing market fundamentals through trade policies. Markets may remain calm but vulnerable to surprises.

Analysts like Sam Stovall view recent correction as “manufactured” by trade decisions, but overall market outlook remains positive. Andrew Slimmon of Morgan Stanley expects a strong second quarter with potential for all-time highs. Market setup less favorable now compared to April, when rallies were more pronounced.

After a 20% rally and lower VIX, markets may be more susceptible to negative surprises. While summer could stay calm, investors should remain cautious. Traders advised to enjoy the summer as markets await clearer signals. Stay tuned for updates on market developments and events. 1. The stock market experienced a significant hike today with the Dow Jones Industrial Average rising by 300 points, closing at a record high of 35,000.

2. The unemployment rate has dropped to 4.8% as the economy continues to recover post-pandemic. Job growth has been steady, with 500,000 new jobs added last month.

3. In international news, tensions are rising between Russia and Ukraine as military exercises are conducted near the border. The US has expressed concern over the situation.

4. The FDA has approved a new drug for the treatment of Alzheimer’s disease, offering hope to millions of patients and their families. The drug has shown promising results in clinical trials.

5. Climate change continues to be a pressing issue as record-breaking temperatures are recorded in various parts of the world. Scientists warn of the urgent need for action to mitigate the impacts of global warming.



Read more at Yahoo Finance: Why some Wall Street experts suggest investors take a summer break