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Market Moment
Glen Eagle®: America’s Women-Owned Trading Desk®
6/30/2025
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The S&P 500 hit a new high Friday, up 24% since April’s tariff-driven drop. It was the fastest rebound from a 15%+ decline in history, taking just 89 trading days. *1
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Investors seem to have anticipated the new budget bill in Congress, which reduces solar subsidies and increases support for nuclear power. Since the 2024 election, the Solar ETF (TAN) has declined by 23%, while the Nuclear ETF (NLR) has increased by 24%. *2
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About 1 in 3 baby boomers say they’ll never sell their home, and 88% own single-family houses. With home prices up around 40% since before the pandemic and mortgage rates near 7%, younger Americans are struggling to afford family-sized homes. 3
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Couples have a 75% chance that at least one partner will require long-term care. By 2045, when today’s 65-year-olds are likely to enter a nursing home, the average cost is expected to be $197,000, with that figure rising to $402,000 in higher-cost areas, such as Boston. 4
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WSJ - "Historic Rebound Sends S&P 500 to New Highs"
- MFS- "Beyond the News"
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Redfin News - "1 in 3 Baby Boomers Say They’ll Never Sell Their Home"
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Barrons - "What Republicans’ Medicaid Cuts Would Mean for Retirees"
*Past performance is not indicative of future performance
Economic Calendar
Monday:
Chicago Business Barometer (PMI) (June)
Tuesday:
S&P final U.S. manufacturing PMI (Jun), Construction spending (May), Job openings (May), ISM manufacturing (Jun), Auto sales (Jun)
Wednesday:
ADP employment (Jun)
Thursday:
Initial jobless claims (Jun), U.S. employment report (Jun), U.S. unemployment rate (Jun), U.S. hourly wages (Jun), Hourly wages year over year, U.S. trade deficit (May), S&P final U.S. services PMI (Jun), Factory orders (May), ISM services (Jun)
Friday:
None scheduled, July 4 holiday
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US Markets*
S&P 6,244.75 +0.34%
DOW 44,300.00 +0.46%
NASDAQ 212,868.50
+0.51%
World Markets*
FTSE 8,772.24
-0.30%
NIKKEI 40,487.39
+0.84%
HANG SENG 24,072.28 -0.87%
*values as of 9:30am EST 6/30/2025
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Treasuries*
2 YR 3.725%
10YR 4.261%
30 YR 4.816%
Cryptocurrencies*
BTC-USD
107,690.96
-0.37%
ETH.CM
2,464.62
+0.57%
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Currencies*
Euro $1.1717
Pound $0.7309
Yen $144.4260
Commodities*
Gold 3,291.50
+0.30%
WTI Crude 65.30
-0.34%
Silver 36.22
-0.43%
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Upcoming Earnings Calls
Monday - WDS, PRGS, LU, PACS, DEC
Tuesday - STZ, CIG, MSM, GBX, CYD
Wednesday - HLN, FIZZ, UNF, HCM, NAT
Thursday- FER, TLX, TTGT, LAES, POWW
Friday - July 4 holiday
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Client Focused Trading® for large institutions, pensions, hedge funds, wealthy families, and private equity for over 30 years.
Glen Eagle Wealth, LLC is a member FINRA and SIPC
This desk commentary is for informational purposes only
Carol Ann Fernandez
Rob Michel
Grier Vacek
Glen Eagle Wealth, LLC
4422C Route 27
PO Box 399
Kingston, NJ 08528
(609) 631-8231
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