Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Dow Jones up 500 points as trade and Fed optimism sweeps the market

Dow Jones up 500 points as trade and Fed optimism sweeps the market

Crypto.NewsCrypto.News2025/06/26 16:00
By:By David MarsanicEdited by Jayson Derrick

U.S. stocks were up, and the S&P 500 broke records earlier as good news on trade and interest rates boosted the markets.

Major U.S. stock indices saw strong growth amid several key positive macroeconomic developments. The Dow Jones gained 490 points, or 1.13%, while the tech-heavy Nasdaq was up 0.55%. The S&P 500 climbed 0.65%, breaking its previous all-time high and trading at 6,183.25.

Dow Jones up 500 points as trade and Fed optimism sweeps the market image 0 Dow Jones Industrial Average heatmap | Source: TipRanks

Trade and monetary policy were front and center for investors. The U.S. and China moved closer to finalizing a full trade deal , signing a preliminary agreement that outlines a broad understanding between the two sides.

According to the document, the U.S. would gain access to magnets and rare earth minerals from China, while lifting a series of trade restrictions. Though full details remain unclear, China has previously emphasized the importance of high-powered semiconductors to its economy.

Fed rate cut odds improve on weaker inflation

In addition to trade optimism, consumer sentiment improved sharply in June, with inflation expectations falling. The Michigan Consumer Sentiment Index rose to 60.7, up 8.5 points from the previous month.

The figures are significant as they have a direct impact on the direction of monetary policy. Low inflation figures, as well as the relative weakness of the labor market , may push the Federal Reserve into a position where it has to cut interest rates sooner. This is what both stocks and crypto markets have been waiting for.

Still, risks remain. The U.S. economy faces structural challenges, particularly around its rising government debt. Donald Trump’s budget, dubbed the “big, beautiful bill”, continues to swell, according to reports .

As lawmakers scramble to include last-minute allocations for their constituencies, the total price tag may have ballooned well past $3 trillion.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

This Week's Preview: Macro "Flood Release" Week—Delayed CPI and the Bank of Japan's "Rate Hike Pursuit"

Key global market data will be released this week, including the U.S. non-farm payroll report, CPI inflation data, and the Bank of Japan's interest rate decision, all of which will significantly impact market liquidity. Bitcoin prices are fluctuating due to macroeconomic factors, while institutions such as Coinbase and HashKey are striving to break through via innovation and public listings. Summary generated by Mars AI This summary was generated by the Mars AI model. Its accuracy and completeness are still being iteratively improved.

MarsBit2025/12/15 05:05
This Week's Preview: Macro "Flood Release" Week—Delayed CPI and the Bank of Japan's "Rate Hike Pursuit"

Weekly Hot Picks: The Fed Cuts Rates and Indirectly "Injects Liquidity"! Silver Replaces Gold as the New Favorite?

The Federal Reserve is cutting interest rates and starting bond purchases, while Japan and other regions may turn to rate hikes. Silver repeatedly hits record highs, SpaceX is set for a 1.5 trillion IPO, and Oracle becomes the litmus test for the AI bubble. The Russia-Ukraine peace process is stuck on territorial issues, the US seizes a Venezuelan oil tanker... What exciting market events did you miss this week?

Jin102025/12/15 03:34
Weekly Hot Picks: The Fed Cuts Rates and Indirectly "Injects Liquidity"! Silver Replaces Gold as the New Favorite?

Key Highlights to Watch at Solana Breakpoint 2025

How does Solana seize market share in an increasingly competitive landscape?

Chaincatcher2025/12/15 03:33
Key Highlights to Watch at Solana Breakpoint 2025
© 2025 Bitget