Stocks rebounded from volatility, ending first half of 2025 at a record high
From Yahoo Finance: 2025-06-30 15:10:00
The S&P 500 ended the first half of 2025 at a record high after a volatile ride, rebounding from a 19% drop in April due to fears of Trump’s tariffs impact. Despite challenges like AI competition from China and Middle East tensions, investors remain bullish, buying the dips to push stocks higher.
Trump’s “Liberation Day” tariff announcement in April led to a 10% market drop in three days, but a month later, the S&P 500 recovered to pre-announcement levels with the help of tariff delays. Retail investors poured $3 billion into stocks on April 3, showing a strong inflow of funds.
Market resilience was evident as stocks rebounded from the tariff scare, with investors seeing every dip as a buying opportunity. Wall Street sees pressure to outperform the market and catch up to record highs, driving a bullish sentiment among money managers benchmarked to indexes like the S&P 500. 1. The United States surpasses 600,000 COVID-19 deaths, marking a grim milestone in the pandemic. Health officials urge continued vaccination efforts to prevent further spread of the virus.
2. In a landmark decision, the Supreme Court upholds the Affordable Care Act, preserving health care coverage for millions of Americans. The ruling comes as a relief to individuals who rely on the ACA for affordable insurance.
3. Extreme heatwaves sweep across the Western United States, breaking temperature records and posing dangerous conditions for residents. Officials issue warnings urging people to stay hydrated and seek shelter from the scorching temperatures.