{"id":116026,"date":"2025-06-28T01:40:00","date_gmt":"2025-06-27T21:40:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=116026"},"modified":"2025-06-28T05:13:36","modified_gmt":"2025-06-28T01:13:36","slug":"trade-deal-sparks-record-rally-can-markets-keep-climbing","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/trade-deal-sparks-record-rally-can-markets-keep-climbing\/06\/28\/market-updates\/","title":{"rendered":"Trade Deal Sparks Record Rally: Can Markets Keep Climbing?"},"content":{"rendered":"\n<p>U.S. stock markets hit record highs, fueled by a newly ratified U.S.-China trade deal, as confirmed by Commerce Secretary Howard Lutnick. The agreement, aimed at strengthening supply chains, eased investor fears. The S&amp;P 500, as shown in the finance card above, rose 0.5% to 614.91, while the Nasdaq matched that gain, and the Dow climbed 0.7%. Ten of eleven S&amp;P sectors gained, with Consumer Discretionary leading, though Energy dipped slightly. Nike shares surged 16% on news of streamlined inventories. But with trade talks ongoing, is this rally built to last?<br><br><strong>Mixed Economic Signals<br><\/strong><br>May\u2019s core PCE index, favored by Federal Reserve Chair Jerome Powell, rose 0.2% month-over-month, slightly above expectations, and 2.7% annually. Headline PCE stayed flat monthly but hit 2.3% yearly. The University of Michigan\u2019s June consumer sentiment edged up to 60.7 from 60.5. Rising Treasury yields\u20143.74% for two-year notes and 4.26% for ten-year\u2014added pressure, hinting at inflation concerns.<br><br><strong>What\u2019s Driving Current Surge?<br><\/strong><br>The U.S.-China deal, reducing tariff uncertainty, sparked optimism. Yet, past trade breakthroughs, like 2019\u2019s Phase One accord, often fizzled. A New York retailer, for example, might benefit from lower import costs, but global tensions could derail gains.<br><br>Markets face a tightrope. Next week\u2019s economic data and trade talks with partners like Japan will shape sentiment. If deals falter, volatility could return, testing these record highs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.S. stock markets hit record highs, fueled by a newly ratified U.S.-China trade deal, as confirmed by Commerce Secretary Howard Lutnick. The agreement, aimed at strengthening supply chains, eased investor fears. The S&amp;P 500, as shown in the finance card above, rose 0.5% to 614.91, while the Nasdaq matched that gain, and the Dow climbed &hellip;<\/p>\n","protected":false},"author":13,"featured_media":59426,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[39,36],"tags":[],"class_list":["post-116026","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-global-stock-markets","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/116026","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=116026"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/116026\/revisions"}],"predecessor-version":[{"id":116032,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/116026\/revisions\/116032"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/59426"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=116026"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=116026"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=116026"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}