June 09, 2025

Stocks Continue to Rebound

Latest Publications Stocks Continue to Rebound

Tariff Concerns Ease

U.S. stocks continued to rally with all three major indices posting back-to-back weekly gains. Updates in tariff trade negotiations remained a central focus with President Trump and Chinese President Xi holding phone calls on multiple days. A solid earnings report from a key AI-bellwether chip company together with a better-than-expected May payrolls report also helped support investor sentiment. Notably, the S&P 500 closed Friday above 6,000 for the first time since February 21 and is just 2.34% below its February 19 record high at 6,144.

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The Weekly Recap is published by Cetera Investment Management LLC, an SEC registered adviser owned by Cetera Financial Group. Cetera Investment Management provides market perspectives, portfolio guidance, model management, and other investment advice to its affiliated broker-dealers, dually registered broker-dealers and registered investment advisers.