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Dow S&P Nasdaq record highs today: US stock market today: Dow, S&P 500, Nasdaq hit all-time highs as June ends with a bang - trade truce, Fed rate cut hopes, and tech rally fuel Wall Street surge - The Economic Times

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Business NewsNewsInternationalUS NewsUS stock market today: Dow, S&P 500, Nasdaq hit all-time highs as June ends with a bang — trade truce, Fed rate cut hopes, and tech rally fuel Wall Street surge
US stock market today: Dow, S&P 500, Nasdaq hit all-time highs as June ends with a bang — trade truce, Fed rate cut hopes, and tech rally fuel Wall Street surge
Global Desk
US stock market updates: Dow jumps 150 points, S&P 500 hits record as Trump’s trade push and Canada’s tech tax reversal lift Wall Street
US stock market jumps as Dow gains 150 points, S&P 500 hits new record highs, Nasdaq rises, Trump trade talks drive optimism, Canada reverses tech tax, Wall Street rallies to end June strong, investors eye July momentum, live market updates.
The US stock market opened strong on Monday, June 30, as optimism around global trade talks and President Donald Trump’s latest move helped lift investor sentiment. The Dow Jones Industrial Average surged 142 points, or 0.3%, shortly after the opening bell, while the S&P 500 rose 0.2%, adding to its recent record highs. The Nasdaq composite also edged up 0.2%, marking a steady start to the final trading day of the month. Wall Street is heading toward its second consecutive monthly gain, recovering from a sharp 20% spring sell-off. Confidence among traders is growing as Trump pushes forward with renewed negotiations and countries like Canada respond positively. Investors are increasingly confident that President Trump will secure new trade agreements, which could ease global economic tensions. After a tense spring driven by tariff threats and global uncertainty, markets have now bounced back with strength. The S&P 500’s 0.2% gain on Monday continues a trend that began earlier in June, when it rebounded fully from a steep spring decline of around 20%.

This resilience is closely tied to hopes of de-escalating trade disputes. Trump has made it clear he expects better deals and fewer taxes on US technology and exports. These expectations are giving traders more reason to stay in the market and look ahead with optimism.


Canada announced that it’s pulling back a planned tax on US technology companies, a move that eased tensions with the United States. President Trump, who had halted trade discussions with Canada over what he called a “direct and blatant attack” via the tax policy, welcomed the reversal. The Canadian government also confirmed it’s resuming trade talks with Washington, signaling a possible breakthrough.
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For Wall Street, this development was crucial. Tech companies like Apple, Google, and Amazon are heavily weighted in stock indices, so any news affecting them tends to ripple across the market. With the tax threat off the table, tech stocks got a boost, lifting the Nasdaq composite by 0.2% in early trading.

Markets surged on a mix of bullish news:

All three indexes posted strong monthly gains in June, with the Nasdaq and S&P 500 up 4–6% and the Dow up around 3–3.7%.

  • : Slightly higher at $3,295/oz

How is Trump’s trade strategy affecting Wall Street confidence?

A large part of the stock market’s recovery since spring has hinged on the belief that President Trump’s hardline stance on trade is aimed at getting better deals—not starting a prolonged economic conflict. His administration’s strategy of using tariffs as leverage seems to be working, at least in Canada’s case, and traders are now betting that other nations might also return to the negotiating table.

This trade optimism is what’s fueling market gains, especially in sectors sensitive to international policy, such as technology, manufacturing, and energy. Investors are responding not just to data, but to policy signals and Trump’s continued influence on global trade.

Are we seeing a broader recovery in the US stock market?

Yes, and it’s more than just a bounce. The Dow Jones is now up over 150 points, reflecting a wider upward trend across major indices. The market's current momentum is also supported by easing inflation fears, steady job growth, and strong corporate earnings forecasts for the upcoming quarter.

Notably, June marks the second month of consecutive gains for US stocks. The rally indicates that investors have largely shaken off spring’s fears over inflation spikes and geopolitical tension. The broader market sentiment is shifting toward confidence—fueled by signs of cooperation on trade and positive movement in global markets.

What should investors watch as the second half of 2025 begins?

As we head into July, the focus will remain on how trade negotiations develop and whether Trump can secure more deals with global partners. Key economic indicators, such as June’s jobs report, inflation numbers, and corporate earnings, will also be watched closely. Analysts are expecting a moderate but stable economic outlook, barring any major geopolitical shocks.

It’s also important to note that Independence Day trading hours will shorten this week, and volume might dip temporarily. However, if the upward trend continues and trade diplomacy holds, the US stock market could be setting up for a strong second half of the year.

  • Dow Jones Industrial Average: +142 points (+0.3%)
  • S&P 500: +0.2% (at record highs)
  • Nasdaq Composite: +0.2%
  • Canada: Rescinds tax on US tech firms, resumes trade talks
  • President Trump: Suspended talks last week, now signaling possible deals
Stay tuned for live stock market updates, as Wall Street closes out June on a high and shifts focus to Trump’s next moves in trade diplomacy.
US stocks rose as Trump’s trade moves boosted investor confidence.


Canada's tax reversal and trade talks lifted Dow by 150 points.

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