In June 2025, U.S. markets reached record highs as investor optimism grew around potential Federal Reserve rate cuts later this year, with the Fed holding rates steady at 4.25–4.50%. Economic growth slowed, as Q1 GDP was revised down to a –0.5% contraction, and hiring moderated with 139,000 new jobs added in May. Globally, markets rose amid renewed U.S.–Canada trade talks after Canada scrapped its digital services tax. Meanwhile, geopolitical tensions in the Middle East briefly spiked oil prices. Overall, the economic outlook for the second half of 2025 remains cautiously optimistic, with Wall Street strategists expecting continued market strength if inflation trends lower and rate cuts materialize.
Stocks Break Records While Growth Hits the Brakes – June 2025 Recap
