The S&P 500 made a new all-time high this week. The move was supported by several factors, such as a ceasefire between Israel and Iran, the announcement of a trade deal with China, and a reading on inflation that was in line with expectations. Adding more fuel to the rally is the growing expectation that Congress will pass the Trump administration’s “big, beautiful bill” perhaps as early as this weekend.
Each of these items removes a little uncertainty from the market. That’s stirring up a risk-on sentiment, which continues to focus on the artificial intelligence (AI) trade and could set the stage for significant gains in the second half of the year.
Next week will be a short trading week. The markets will be closed on Friday for Independence Day in the United States. However, the MarketBeat team will help you stay on top of the stocks and stories that can help your portfolio. Here are some of the most popular stories from this week.
