46. Weekly Market Recap: Key Movements & Insights

S&P 500 Notches 7th Record High of the Year on "Goldilocks" Jobs Data 📈💼

S&P 500 Hits New Record on Strong Jobs Data as Tariff Threats Loom

Wall Street capped a holiday-shortened week with another round of records, as investors cheered a "Goldilocks" jobs report that signaled economic resilience without sparking fears of an aggressive Federal Reserve. The S&P 500 and Nasdaq both climbed to new all-time highs, continuing a powerful rally that has pushed the market into uncharted territory. The optimism, however, was tempered by new trade policy developments out of Washington, leaving investors to weigh a strong domestic picture against renewed global uncertainty.

For the week, the S&P 500 climbed 1.7%, closing at 6279.35 on Thursday. The Nasdaq posted a 1.6% weekly gain, while the Dow Jones Industrial Average led the major indices with a 2.3% advance. The market's ability to absorb mixed signals and push higher underscores a bullish sentiment, though all eyes are now turning to a looming July 9th tariff deadline that could introduce fresh volatility.