Multiple factors boost U.S. stocks to new highs, analysts say economic activity remains robust.
Jin10 data June 27 news, the S&P 500 index reached its first new high since February on Friday, rebounding 23% from the low of the sell-off triggered by tariffs in April. Market data shows that after experiencing a decline of at least 15%, this 89-day surge has made it possible for U.S. stock indices to recover to record closing levels at the fastest pace. The easing situation in the Middle East and trade negotiations between the U.S. and major partners have also boosted investor sentiment. Hank Smith, chief investment strategist at Haverford Trust, stated: "The market feels that tariffs will not be as burdensome as D-Day. You are already seeing a recovery." Richard Saperstein, chief investment officer at Treasury Partners, said: "We have already seen resilient returns. Economic activity remains active, and inflation has not really risen."