Reported about 9 hours ago
On June 27, 2025, the S&P 500 index rose 0.5% to a record closing high, fueled by U.S.-China trade agreement news. Nike's stocks soared 15% after reporting better than expected quarterly results, indicating positive progress under CEO Elliott Hill. In contrast, shares of Coinbase dropped 5.8% following a sell-off by the ARK Innovation ETF. Other notable movements included Boeing rising 5.9% and Palantir Technologies falling 9% amid concerns over U.S. defense budget cuts.
Source: YAHOO