The S&P 500 Index ($SPX) (SPY) Monday closed up +0.52%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.63%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.64%. September E-mini S&P futures (ESU25) are up +0.44%, and September E-mini Nasdaq futures (NQU25) are up +0.56%.
Stock indexes rallied on Monday, the last day of Q2, with the S&P 500 and Nasdaq 100 posting new all-time highs, and the Dow Jones Industrials posting a 4-1/4 month high. Positive trade news boosted stocks Monday, with President Trump’s July 9 deadline fast approaching. Progress is being made in trade negotiations with China and the European Union. Also, trade talks are back on with Canada after the country withdrew a digital services tax, and India’s and Japan’s trade teams extended their stay in Washington to iron out new trade deals.
