In a remarkable show of investor confidence, the S&P 500 and Nasdaq Composite both reached new all-time highs on 30th June 2025.
The markets were buoyed by optimism around easing inflation, resilient corporate earnings, and renewed enthusiasm for the tech sector, especially AI.
The S&P 500 climbed to a record close of 6205, while the Nasdaq soared 1.2% to finish at 22679 marking its fourth consecutive record-breaking session.
S&P 3-month chart
Traders pointed to stronger-than-expected economic data and dovish commentary from the Federal Reserve as catalysts that reignited appetite for risk.
Tech giants led the charge, with chipmakers and AI-related firms once again at the forefront.
Nvidia, now the world’s most valuable publicly traded company, gained over 2%, while Apple, Microsoft, and Alphabet also notched solid gains.
The technology-heavy Nasdaq has been particularly responsive to momentum in artificial intelligence and next-generation computing, driving its meteoric rise in recent months.
Nasdaq 100 3-month chart
From April 2025 Trump tariff melt-down to new highs in June 2025
Beyond tech, sectors such as consumer discretionary and industrials also saw modest gains, suggesting a broadening of the rally.
Analysts now debate whether this marks the beginning of a sustainable expansion or a potential overheating of equities.
Meanwhile, Treasury yields held steady, and oil prices ticked higher, signalling confidence in continued global demand.
With earnings season on the horizon, market watchers are closely monitoring corporate guidance to gauge whether valuations can justify further upside.
For now, though, the bulls are clearly in control – and Wall Street is basking in green.