S&P 500 Scales New Record-High Close With U.S.-China Trade Deal

  • S&P 500 reached a new record high, driven by a US-China trade deal and easing geopolitical tensions in the Middle East. The latest update of the alternative futures chart finds that as the 2025-Q2 calendar quarter comes to an end, investors are focusing on the more distant future quarter of 2025-Q4 in setting stock prices, with the S&P 500's trajectory running in the lower portion of the forecast range for this quarter.