Stock market closes out turbulent quarter with S&P 500 hitting new highs

From Yahoo Finance: 2025-06-30 16:13:00

The S&P 500 and Nasdaq hit new highs at the close of a turbulent quarter, with multiple indices reaching fresh peaks as U.S. stocks rebounded from a chaotic start. The second quarter began with Trump’s tariffs causing market turmoil, but optimism grew with news of potential tax cuts. Both the S&P 500 and Nasdaq hit all-time highs after a U.S.-China trade deal, with the Dow also rising. While some analysts point to potential cracks in the market, Meta stock reached a record after CEO Zuckerberg’s AI group restructuring. More volatility is expected as tariff deadlines approach and tax bill uncertainty looms.



Read more at Yahoo Finance: Stock market closes out chaotic quarter on a high note as S&P 500 notches another new record