FX.co ★ US Market News Digest for June 30

US stock indices extend gains

US equity markets closed higher: the S&P 500 and Nasdaq 100 both gained 0.52%, while the Dow Jones rose by 1.00%. Investors welcomed progress in trade negotiations, which was a key driver of the upside momentum.

The rally was accompanied by rising trading volumes, signaling broad market support and expectations of continued economic strength. Follow the link for details.

S&P 500 hits hew high amid buying spree

The S&P 500 reached a fresh record after rebounding sharply from its recent 15% decline. Investors continue snapping up assets despite modest Q2 earnings growth expectations.

This optimism reflects strong confidence in the economy's long-term resilience and the appeal of equities under current conditions. Follow the link for details.

The S&P 500's record comes with stagflation warnings

The S&P 500 climbed to 6,173 points, setting a new all-time high. However, economic data on personal income and spending shows signs of stagflation, raising concerns among economists.

The Federal Reserve now faces a dilemma: maintaining a tight monetary policy or revatalizing the slowing economy. Follow the link for details.