Market Report for Thursday, July 3, 2025 Wall Street celebrated American independence early with record highs, trillions in new debt, and a job market just soft enough to keep hope alive. Stocks surged into the long weekend with all the subtlety of fireworks in a drought—and about the same regard for fiscal safety. Level Change […]
Author Archives: Jason Kelly
Markets March On, Reality Not Included
Market Report for Wednesday, July 2, 2025 Rate-cut hopes, record closes, and trade tempests no longer seem at odds. They’re just characters in the same farce, performing under a marquee that reads: Still Bullish, Somehow. Level Change 7/2/25 (%) – – – – – – – – – – – – – – – -0.0 […]
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Markets Toast a Half-Point Gain on Trade Chill
Market Report for Monday, June 30, 2025 Stocks closed out June with a glass-half-full toast, bolstered by tariff tea leaves and just enough political noise to keep boredom at bay. The S&P and Nasdaq hit record highs, still prematurely celebrating trade war denouement. Level Change 6/30/25 (%) – – – – – – – – […]
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Detente by Deadline Extension
Market Report for Friday, June 27, 2025 Markets rallied as Washington and Beijing agreed not to escalate. Labor Day became the new line in the sand, and Section 899 was blindfolded and tied to a post, prompting traders to believe diplomacy might outrun duty hikes. Level Change 6/27/25 (%) – – – – – – […]
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Whispers of Cuts, Roars of Chips
Market Report for Thursday, June 26, 2025 Markets rallied Thursday, brushing off Washington’s procedural theater and the fading fiction that anyone still tracks the Byrd Bath, in favor of what really matters: AI, chips, and the transformation that’s no longer coming—it’s here. Level Change 6/26/25 (%) – – – – – – – – – […]
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