Stock market closes out chaotic quarter on a high note as S&P 500 notches another new record

The second quarter began in a noisy note historically, with president Donald Trump announced on April 2 of the overwhelming definitions that send stocks to free autumn and bond market in turmoil, and to develop the global economic domination of the United States. Since then, though, the market has risen steadily and climbing it, as investors get rid of concerns about policies and focus on the news they want to see, such as possible tax cuts.

In fact, both S & P 500 and Nasdaq struck his highest level on Friday after Trump said the United States had signed a trade deal with China. The momentum lasted on Monday, as the S&P 500 and NASDAQ team achieved its highest level at all times and an increase of 0.52 % and 0.47 %, respectively, from Friday session. The Dow Jones industrial average today ended 0.63 % (albeit not in a standard area).

“With the markets reaching the highest new levels ever-even with economic surprises at their lowest level in 11 months, it seems that the uncertainty related to politician and identification-it seems that investors have entered” other bad news “is a good news phase, as the Morgan Stanley Management, its focus, and a focus on tax administration.

The upscale swing comes with the stability of inflation and the direction of profits higher. However, some analysts and economists refer to other potentials.

“It can be said that the S& P 500 is not sufficient, Hubert de Barochez, the chief economist in the market in the Capital Economics. It indicates that although the large company shares look good, Russell 2000, a sign of small hats in the United States, is still less than its high record, and the index of the so -called seven great technical shares, including Amazon such as Amazon, Apple and Tesla, too.

However, the shares of Meta – one of the shares of MAG Seven – rises late on Monday, after CEO Mark Zuckerberg announced the restructuring of the company’s artificial intelligence group.

More volatility is possible. Next week, the president’s 90 -day pause is scheduled to be expired and deals with many countries that have not yet been held. There is also a state of uncertainty surrounding the Republican Tax Bill, which would add nearly $ 3.3 trillion to the deficit over a decade and whether it could reach both congress rooms this week. Analysts say inflation related to definition policies unprecedented in official data.

“We believe that the high level of uncertainty, which stems in particular from Trump’s chaotic policies, will prevent the S&P 500 from height at the speed it was recently,” he writes de Parshis. “The expiration of the imminent tariff may lead to” stop “tariffs to another shoe of fluctuations in the market. “