Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, USA on June 23, 2025.
Brendan McDermid | Reuters
Have we returned to the past? Of course it seems to be in the market. Just watch S&P 500 And, you’d think it’s February — before the “reciprocity” tariffs by U.S. President Donald Trump, before the “a large bill bill” in the White House and before the war between Israel and Iran.
February 19, based on extensive indexing Closed at the highest altitude 6,144.15. Yesterday, it Ended the trade fair at 6,092.16. This is less than 1% difference. Light breeze (or rogue social media posts of the current U.S. president) could push the S&P 500 to that level.
In another sign, investors seem to be back in the days before trade and geopolitical uncertainty, Nvidia’s The title is in the headlines again after the new 4.3% shutdown. Gao Gao, a symbol of optimism surrounding artificial intelligence, driving market growth in 2024.
Strangely, the market seems to have escaped the heavy load that has been lowering since March.
Tariffs still exist. Trump threatened Spain on Wednesday, and he would “twice them” in the trade deal as European countries boycotted increased defense spending.
The war between Israel and Iran has not ended, although it has been stopped due to a ceasefire. That truce seems fragile- that’s Almost broken It starts a few hours after it starts. Who knows that there is a plan for our talks with Iran next week. (Hope is not as good as Screaming in the Oval Office Ukrainian President Volodymyr Zelenskyy was there. )
Nostalgia is seductive. But this charm can be dangerous.
What you need to know today
The S&P 500 index is located in the new high school. However, the index ended and it was hardly changed on Wednesday. Technology inventory rises, Many hit intraday highs. this Stoxx Europe 600 Despite the decline in the index by 0.74%, although European Defense Stocks News about NATO transactions.
Trump threatens Spain with a tough trade deal. US President Posted these comments At NATO’s annual summit after the alliance’s allies (Spain prohibited) agree to meet Defense spending target is 5% GDP by 2035.
Tesla’s sales in Europe fell in May. Elon Musk’s electric car company records Sales fell 27.9% year-on-year Within the EU, the UK and the European Free Trade Association, consumers in the region have turned to Chinese electric vehicles.
NVIDIA is once again the most valuable company. Stocks rose 4.3% on Wednesday, while Record Close – For the first time since January. The chipmaker’s market capitalization is now at $3.77 trillion, leading the way over Microsoft and Apple.
(Pro) Investors hold their breath. The U.S. market seems surprisingly resistant to trade frictions and geopolitical instability. In fact, the S&P 500 seems to be expected to close in a new record. but The risk of knocking it out remains.
at last…
It is predicted that the pound will continue to exchange against the US dollar.
Matt Cardy | Getty Images
What is the highest pound in more than three years?
this GBP Hovering at the highest level of more than three years – analysts allocated on the potential for further upside.
Janet Mui, head of market analysis at RBC Brewin Dolphin, said most of the pound’s upward trajectory is related to basic dollar weaknesses, rather than belief in Sterling itself.
Furthermore, the prospects for pound are not overly striking in the coming months, but point out that geopolitical developments can promote further upward movement in the long run.
– Chloe Taylor
