Despite stable corporate earnings and low recession risk, traders remain hopeful for a catalyst that could push the S&P 500 to record highs. However, with President Trump’s tariff policy becoming more transparent, investors are waiting for clear guidance on future economic direction.
Source: https://www.bloomberg.com/news/articles/2025-06-07/traders-scour-for-elusive-catalyst-to-push-s-p-500-to-record