Both indexes ended the quarter with a double-digit benefit. The S&P 500 increased by 10.57%during the period, Nasdaq increased by 17.75%, and Dow increased 4.98%. Russell 2000 Small Cape Index increased 8.28% in the quarter. Nevertheless, the three major indexes performed their weakest first performance since 2022, as the uncertainty around the trade policy has cautioned investors during the year, while President Donald Trump raised stress after announcing a widespread tariff on April 2.
Trade deals with China and the UK have encouraged optimism that the global trade war can be reduced with the hope of reaching more deals before Trump’s July 9 trade date.
Managers also influenced their portfolio to look more attractive at the quarter-end end of the quarter.
“The souls seem to be caught here,” said Roy Behran, co-president of the Westchester Capital Management Fund. “The quarter has been quite common for the last few days of the quarter to see the strength due to the dressing of the window.” On Sunday, Canada to advance trade negotiations with the United States, a few hours before the implementation, the U.S. Digital services targeting tech companies were canceled. But US Treasury Secretary Scott Besent on Monday warned that countries could still face intense tariff tariffs on July 9, even if they are negotiating with goodwill, and any possible extension will remain on Trump. Meanwhile, the US Senate will try to pass the Republican Trump’s sweeping tax-cut and spending bill, though its expected $ 3.3 trillion of $ 3.3 trillion. Trump wants the bill to pass before the July 4 Independence Day holiday.
Key Economic Data Release This Week includes the organization for monthly non-pharm paroles and supply management surveys on the manufacturing and service sector for June.
Federal Reserve Chair Jerom Powell, including U.S. Some Central Bank officials are about to speak this weekend.
The raft of soft economic data and expectations that Trump will replace Powell with a person, this year has reduced the rate reduction.
On Monday, nine of the 11 S&P index closed. The Dow Jones Industrial Dyogic average increased 275.50 points or 0.63%to 44,094.77, S&P 500, 31.88 points, or 0.52%, 6,204.95 and 96.28 points, or 0.48%, or 0.48%. After clearing the annual “stress test” of most Federal Reserve, shares of large US banks have increased, with billions of stock buybacks and dividends.
Hewlett Packard Enterprise in the leading S&P 500, 11.1 %, first solar 8.8 %and Juniper network were 8.45 %.
“The current rally was run by some heavyweight stocks that led the index, which gave the market a sense of optimism despite the rising deficit and unresolved policy issues,” said Col Smade, CEO and portfolio manager of Smade Capital Management.
“The stock market does not seem to care,” he said, people think this party will move on forever. ” “I think the game is over. It’s a matter of when and how bad it is.”
In the last 20 trading days, the US for the full session compared to an average of 18.23 billion. The volume on the exchanges was 17.12 billion shares.
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