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Daily Market Commentary

July 1, 2025

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July 1, 2025

Bonds & Stocks
US equity futures dipped after the S&P 500 notched its best quarter since 2023, as investors monitor progress on trade talks and wrangling in Washington over President Donald Trump’s tax bill. Contracts for the US benchmark slipped 0.4% following two successive closes at all-time highs.

Economy
Senate Republican leaders continue to scrounge for votes to pass Donald Trump’s $3.3 trillion tax and spending bill as lingering  intraparty fights threaten to upend the legislative centerpiece of the president’s domestic agenda. 

World
Iran is keeping its nuclear ambitions more closely guarded than ever after last month’s attacks by Israel and the US, introducing additional ambiguity to the Islamic Republic’s diplomatic showdown with Washington.

The information represented herein was obtained from various sources, which we believe to be reliable. Neither the information presented nor opinions expressed constitutes an offer to buy or sell any security. And it is not intended to guide the investor on which securities to buy, or when to buy or sell.