Stock market closes higher with Dow gaining 500 points, S&P 500 and Nasdaq heading for highs.

From Dow Jones & Company: 2025-06-27 12:12:00

The S&P 500 and Nasdaq Composite both rose by 0.7%, while the Dow Jones Industrial Average surged by 1.2% mid-day Friday. Riskier assets gained momentum, with the indexes showing more modest gains at open.

Investors are moving away from haven assets, leading to a sell-off in Treasury bonds and gold. The dollar fluctuated around the breakeven line, set for its worst first half performance ever.

Read more: Dow Gains 500 Points. S&P 500 and Nasdaq Head for Closing Highs.