S&P 500 and Nasdaq Hit New Record Highs as Dow Jones Slips

Key Facts

US stock indices ended the June 30 session mixed, with the S&P 500 rising 0.3% to secure a new record closing high. The Nasdaq Composite outperformed with a 0.9% gain, hitting its own record territory fueled by strong performance from Apple. Notably, both the Nasdaq and S&P 500 logged their fifth straight week of gains, highlighting sustained investor confidence in growth sectors. Conversely, the Dow Jones Industrial Average closed down by 152 points as market sentiment was dampened by reports of potential tariffs on EU auto imports. Despite the Dow's retreat, analysts noted that the technical strength in tech-heavy indices reinforces the broader market's bullish trajectory. Investors continue to monitor the impact of trade tensions while focusing on the resilience of large-cap growth stocks.

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