The broad S&P 500 reached a new record high on Thursday, July 10, 2025, in subdued trading. The index closed up 0.27 percent at 6,280.46 points, narrowly missing the 6,300 mark. This new all-time high signals positive market development for investors.
Calm Before the Earnings Season
The rise of the S&P 500 occurred despite an overall calm trading environment without major economic impulses, as earnings season begins next week. The U.S. labor market remains robust, reflected in a slight decline in initial claims for unemployment benefits. However, there is currently little hope for interest rate cuts.
Rise Accompanied by Dow Jones, While Nasdaq Weakens
The record high of the S&P 500 was accompanied by gains in the Dow Jones Industrial Average, which also rose and is on track to conquer the 45,000-point mark. In contrast, the tech-heavy Nasdaq 100 recorded a slight decline of about 0.16 percent, closing at around 22,829 points.
Optimistic Earnings Growth Expectations
Analysts expect earnings growth for companies listed in the S&P 500 of about 7.1% for 2025, providing additional tailwind for investors. The strong performance of major tech companies like Nvidia and Meta significantly contributed to the positive sentiment.
Overall, the record high of the S&P 500 demonstrates robust market sentiment despite geopolitical uncertainties and political challenges. For many investors, this represents a positive signal for further price gains in the current year.