Traders at the New York Stock Exchange on June 30 - Photo: REUTERS
According to AFP news agency, the S&P 500 closed at 6,204.95 points, up 0.5% on the day and up about 10.6% for the quarter.
The tech-heavy Nasdaq Composite Index rose 0.5% to 20,369.73, also a record high. The Dow Jones Industrial Average rose 0.6% to 44,094.77.
"Investors are feeling optimistic because we just had a very positive quarter with many reasons to be optimistic," said analyst Sam Stovall from CFRA Research, pointing out the main drivers were easing trade tensions and inflation concerns.
The new records were set after Canada dropped tariffs on US technology companies, paving the way for Washington and Ottawa to resume talks after US President Donald Trump pulled out of the talks over the tax.
Trump administration officials also said progress is being made on trade deals with major partners and could be announced in the coming months.
Analysts also said investors were looking ahead to Mr Trump’s massive tax cut bill, currently being debated in the Senate, which also includes controversial provisions such as cuts to health benefits for low-income earners and increased spending on immigration deportation programs.
Shares of major banks such as Citigroup and JPMorgan Chase rose after the US Federal Reserve (Fed) announced results showing that the entire banking industry passed its stress test last weekend.
Shares of Meta rose 0.6% to an all-time high as the company continued its artificial intelligence (AI) talent recruitment campaign, luring experts from other companies with bonuses of up to $100 million.
Moderna rose 1.6% after announcing positive results from a phase three clinical trial of its seasonal flu vaccine.
Source: https://tuoitre.vn/sp-500-va-nasdaq-lap-dinh-nho-ky-vong-ve-thoa-thuan-thuong-mai-va-giam-thue-cua-my-20250701070253731.htm
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