From Nasdaq: 2025-06-11 10:00:00

Wall Street is nearing record highs, with the S&P 500 just 2% below the peak reached in February. Optimism around U.S.-China trade talks, easing inflation, and strong corporate earnings are driving the rally. ETFs like VOO, SPY, and IVV are also trading near all-time highs.

Market rebound fueled by policy shifts as the S&P 500 recovers over 20% since April. Trump’s tariff postponement and trade moderation have boosted markets, but headline sensitivity remains high. Geopolitical uncertainties persist, but strong corporate earnings, especially in tech, are driving the market higher.

Wall Street strategists are growing more bullish on the S&P 500, with many raising year-end targets to 6,300-6,550 range. Firms like Citi, Deutsche Bank, and Goldman Sachs cite AI opportunities and improved earnings growth. Despite ongoing uncertainties, VOO and IVV have a Zacks ETF Rank #1 (Strong Buy) and SPY has a Zacks ETF Rank #2 (Buy).

AI trends and tech investments continue to bolster the S&P 500. While momentum is positive, trade policies and economic indicators could lead to continued volatility. Concerns around Trump’s proposed tax-and-spending bill and its impact on the federal deficit are clouding the fiscal outlook.



Read more at Nasdaq: S&P 500 ETFs Near Record Highs: More Upside in Store?