US stocks closed higher on Monday, capping off a strong month and a remarkable second quarter for Wall Street. The Dow gained 276 points, or 0.63%, while the S&P 500 rose 0.52% and the Nasdaq Composite gained 0.47%. Both indices reached fresh record highs, extending their gains after notching record highs on Friday.
The S&P 500 posted its best quarter since December 2023, while the Nasdaq achieved its best quarter since June 2022. The rebound is largely driven by retail investors who “bought the dip” and poured $3.2 billion into stocks from June 18 to 24, according to data.
Despite some concerns about valuations, many experts believe that stocks are due for a pullback. However, others argue that the current momentum will continue, albeit at a slower pace. With the S&P 500 and Nasdaq near all-time highs, investors will be watching closely for any signs of weakness or instability.
For now, the mood on Wall Street has shifted from “extreme fear” to “greed,” according to CNN’s Fear and Greed index. The VIX, a measure of market volatility, fell almost 27% in the second quarter after surging 28% in the first quarter.
Source: https://edition.cnn.com/2025/06/30/investing/us-stock-market