Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
By Political Calculations (Reporter)
Contributor profile | More stories
Story Views
Now:
Last hour:
Last 24 hours:
Total:

S&P 500 Scales New Record High Close with U.S.-China Trade Deal

% of readers think this story is Fact. Add your two cents.


An editorial cartoon of a Wall Street bull celebrating a new record high for the S&P 500, while a Wall Street bear looks worried at a news headline that reads 'GOOD: TRADE DEAL WITH CHINA! BAD: CANADA TRADE TALKS OFF'. Image generated with Microsoft Copilot Designer.

The S&P 500 (Index: SPX) reached a new record high close on Friday, 27 June 2025, almost four months after it last set a new record. The index closed out the trading week at 6,173.10. The index rose 3.4% higher than it finished the preceding week.

The catalyst of the event was the announcement the U.S. and China had reached a trade deal during the week.

It could have been even bigger, but the news that the U.S. suspended trade deal talks with Canada knocked the index below its intraday trading high.

Even so, the S&P 500 muscled its way to a new record close. The latest update of the alternative futures chart finds that as the 2025-Q2 calendar quarter comes to an end, investors are focusing on the more distant future quarter of 2025-Q4 in setting stock prices, with the S&P 500′s trajectory running in the lower portion of the forecast range for this quarter:

Alternative Futures - S&P 500 - 2025Q2 - Standard Model (m=+4.0 from 24 Feb to 8 Apr 2025, m=+1.0 from 9 to 25 Apr 2025, m=-2.0 from 28 Apr 2025) - Snapshot on 27 Jun 2025

While the news of the trade deals capped off the week that was, they were far from the only market-moving headlines for the week. The positive outcome of the U.S.’ attack on Iranian uranium enrichment facilities over the preceding weekend and the resulting cease fire between the Israel and Iran got the week off to strong start on the geopolitical front. In between that event and the trade-related news on Friday, much attention was given to what the Federal Reserve will be doing with U.S. interest rates in the second half of 2025. Here are the week’s market moving headlines:

Monday, 23 June 2025
  • Signs and portents for the U.S. economy:
  • Pressure growing among Fed minions for rate cut:
  • Fed to no longer police ‘reputational risk’ in banks
  • Fed’s Mary Daly says communication should have ‘clarity’ and ‘flexibility’
  • Bigger trouble developing in Eurozone:
  • ECB minions say they’ll only engage in bond buying in “exceptional” cases, really want a digital Euro:
  • Shares advance, oil prices settle sharply lower as markets shrug off Iran conflict
  • Tuesday, 24 June 2025
    • Signs and portents for the U.S. economy:
  • Trump says US interest rates should be at least two to three points lower
  • Fed minions resisting cutting rates, bitterly cling to belief tariffs will cause inflation:
  • Fed officials are starting to break rank and join Trump
  • Exclusive: Fed should wait on rate cuts with price hikes expected, Bostic says
  • Bigger trouble, stimulus developing in China:
  • BOJ minion still thinking about hiking Japan’s interest rates some more as one inflation measure runs hot:
  • ECB minions say they would do something if faced with a “material” change in Eurozone inflation expectations:
  • Wall Street surged on Israel-Iran ceasefire, S&P 500 ends less than 1% away from record close
  • Wednesday, 25 June 2025
    • Signs and portents for the U.S. economy:
  • Outgoing chief Fed minion clings bitterly to belief tariffs will cause inflation, other minions to change rule to make it easier for government to borrow:
  • Trump says he is considering three or four candidates for next Fed chair
  • Fed advances plan to ease bank leverage requirements
  • Fed hawks and doves: what US central bankers are saying
  • Bigger stimulus, US trade deal developing in China:
  • Wall Street ended mixed as Iran-Israel ceasefire seems to hold
  • Thursday, 26 June 2025
    • Signs and portents for the U.S. economy:
  • Fed minions thinking maybe they should cut US interest rates, but not in July 2025:
  • Fed’s Collins: not enough data by July to decide on a rate cut
  • Fed’s Barkin says tariffs will start pushing up inflation
  • Market bets on a more dovish Fed as Trump eyes Powell’s replacement
  • Bigger trouble developing in China:
  • ECB minions using AI to improve their economic forecasts:
  • Wall Street ended higher as the S&P 500 came up just shy of its all-time trading high
  • Friday, 27 June 2025
    • Signs and portents for the U.S. economy:
  • Trump cuts off US trade talks with Canada, shattering optimism over tariff deals
  • Oil set for steepest weekly decline in two years as risk subsides
  • Fed minions plan to spend their summer waiting for data:
  • Bigger trouble, stimulus developing in China:
  • China’s central bank pledges to speed up policy response to economic conditions
  • BOJ minions react to inflation data telling them to hike rates again by looking for other data that excuses them from hiking rates:
  • ECB minions told they’re chasing the wrong inflation target they claim to be on path to hitting:
  • Wall Street ended in the green as the S&P 500 and Nasdaq notched a new record close
  • The CME Group’s FedWatch Tool projects the Fed will continue holding the Federal Funds Rate in a target range of 4.25-4.50% until its 17 September (2025-Q3) meeting, when it is expected to cut the rate by a quarter percent. The FedWatch Tool now anticipates the Fed will keep cutting the FFR a quarter point at a time twice more after that first cut in 2025, on 29 October (2025-Q4) and 10 December (2025-Q4), before slowing to cut rates at 12-week intervals into mid-2026.

    The Atlanta Fed’s GDPNow tool projection of real GDP growth in the U.S. during the current quarter of 2025-Q2 fell to +2.9% from the +3.4% level recorded a week earlier.

    Image credit: Microsoft Copilot Designer. Prompt: “An editorial cartoon of a Wall Street bull celebrating a new record high for the S&P 500, while a Wall Street bear looks worried at a news headline that reads ‘GOOD: TRADE DEAL WITH CHINA! BAD: CANADA TRADE TALKS OFF’”.



    Source: https://politicalcalculations.blogspot.com/2025/06/s-500-scales-new-record-high-close-with.html


    Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

    Anyone can join.
    Anyone can contribute.
    Anyone can become informed about their world.

    "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

    Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.


    LION'S MANE PRODUCT


    Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules


    Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.



    Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.


    Report abuse

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    Total 1 comment
    • kilroy

      Good news for the inbred billionaire class of psychopaths that already own it all. Not so good news for the rest of us.since 2016 the ultra rich have had the world economy funneled into their pockets. Everyone else has seen their life savings dwindle down to zero. So great for the ultra rich I guess.

    MOST RECENT
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.