July 3, 2025
The US stock market witnessed a record-breaking day today as both the S&P 500 and Nasdaq Composite clinched record highs for the third time this week. The S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) moved up about 0.8% and 1% respectively, marking another milestone in their steady climb.
The S&P 500, a market-capitalization-weighted index of 500 of the largest publicly traded companies in the U.S., has been on a steady upward trajectory, reflecting the overall health of the U.S. economy. Today’s record high is a testament to the resilience of the U.S. stock market amidst global economic uncertainties.
The Nasdaq Composite, an index of more than 3,000 common equities listed on the Nasdaq stock exchange, also reached a record high. The index includes companies from various industries but is heavily weighted towards technology companies. The record high indicates the continued growth and strength of the tech sector, despite recent market volatility.