Reported about 6 hours ago
The stock market reached record highs as the July 9 deadline for President Trump's tariff pause approaches, fueled by a positive June jobs report which eased fears of an economic slowdown. The S&P 500 and Nasdaq both closed at record levels, while the Dow climbed closer to its own record. Analysts anticipate that the market has priced in a continuation of the current tariff policies, suggesting that significant changes are unlikely. Meanwhile, expectations for a Federal Reserve interest rate cut diminished as the labor market showed resilience.
Source: YAHOO