Market Thoughts July 2025

Commonwealth’s Chris Fasciano recaps June’s market and economic news. The S&P 500, Dow, and Nasdaq were up for the month and the quarter, supported by the continued cooling of trade war rhetoric. The story was similar internationally, as a solid June contributed to a positive quarter for both developed and emerging market stocks. On the economic front, updates released in June were broadly positive. The May jobs report showed continued solid hiring during the month, and consumer sentiment surged to a four-month high. Learn more: blog.commonwealth.com/independent-market-observer.observer.

Only contents distributed during the individual’s affiliation with Raymond James have been approved and retained by Raymond James. Posting outside of Raymond James affiliation were not made on behalf of and do not promote Raymond James.”