{"id":12139,"date":"2025-06-27T14:04:00","date_gmt":"2025-06-27T14:04:00","guid":{"rendered":"https:\/\/firearmman.com\/?p=12139"},"modified":"2025-06-27T14:04:02","modified_gmt":"2025-06-27T14:04:02","slug":"sp-500-hits-record-high-as-stock-market-surges","status":"publish","type":"post","link":"https:\/\/firearmman.com\/?p=12139","title":{"rendered":"S&P 500 hits record high as stock market surges"},"content":{"rendered":"
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The S&P 500 hit an all-time record high on Friday, extending breakneck gains achieved in recent weeks as investors shrugged off concerns about newly imposed tariffs<\/a> and war<\/a> in the Middle East.<\/p>\n

The S&P 500 climbed 0.3%, clocking in for the first time ever at 6,156.<\/p>\n

Over the past month — even as U.S.-China trade tensions resurfaced and conflict grew in the Middle East — the S&P 500 climbed more than 5%.<\/p>\n

In all, the S&P 500 has soared more than 20% since an April low in the wake of President Donald Trump’s “Liberation Day” tariff announcement. Over that period, the tech-heavy Nasdaq has climbed 28%, while the Dow Jones Industrial Average has jumped 12%.<\/p>\n

Concern among investors about topsy-turvy economic policy has given way to cautious optimism about a dialed-back tariff posture and continued economic growth, some analysts previously told<\/a> ABC News.<\/p>\n

In recent weeks, Trump has rolled back<\/a> some of his steepest levies, easing costs imposed upon companies and alleviating concern about a sharp surge of inflation.<\/p>\n

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Traders work on the floor at the New York Stock Exchange in New York City, June 25, 2025.<\/span><\/span><\/span><\/p>\n

Jeenah Moon\/Reuters<\/span><\/p>\n<\/div>\n<\/figcaption><\/figure>\n<\/div>\n<\/div>\n<\/div>\n

A trade agreement<\/a> last month between the U.S. and China slashed tit-for-tat tariffs between the world’s two largest economies and triggered a surge in the stock market. Within days, Wall Street firms softened<\/a> their forecasts of a downturn.<\/p>\n

The downshift of tariffs has coincided with data demonstrating a healthy economy.<\/p>\n

Fresh inflation data earlier this month showed<\/a> a slight acceleration of price increases, but inflation remains near its lowest level since 2021. Hiring slowed<\/a> but remained sturdy in May as the uncertainty surrounding on-again, off-again tariffs appeared to curtail hiring less than some economists feared, a government report this month showed.<\/p>\n

The outbreak of tit-for-tat strikes between Iran and Israel earlier this month sent stocks falling and hiked oil prices. Those challenges proved short-lived, however, as stocks resumed their gains and oil prices eased amid a ceasefire.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The S&P 500 hit an all-time record high on Friday, extending breakneck gains achieved in recent weeks as investors shrugged off concerns about newly imposed tariffs and war in the Middle East. The S&P 500 climbed 0.3%, clocking in for the first time ever at 6,156. Over the past month — even as U.S.-China trade […]<\/p>\n","protected":false},"author":1,"featured_media":12140,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-12139","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-us-news"],"_links":{"self":[{"href":"https:\/\/firearmman.com\/index.php?rest_route=\/wp\/v2\/posts\/12139","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/firearmman.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/firearmman.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/firearmman.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/firearmman.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12139"}],"version-history":[{"count":1,"href":"https:\/\/firearmman.com\/index.php?rest_route=\/wp\/v2\/posts\/12139\/revisions"}],"predecessor-version":[{"id":12141,"href":"https:\/\/firearmman.com\/index.php?rest_route=\/wp\/v2\/posts\/12139\/revisions\/12141"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/firearmman.com\/index.php?rest_route=\/wp\/v2\/media\/12140"}],"wp:attachment":[{"href":"https:\/\/firearmman.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12139"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/firearmman.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12139"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/firearmman.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12139"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}