Good afternoon.
Stocks rally to start July, the House passes Trump's "big, beautiful bill," and the S&P 500 hits a fresh record.
Let's dive in.
Markets
Here are today's market moves:
What Happened
Stocks rose after a better-than-expected June jobs report.
The S&P 500 and Nasdaq hit fresh records.
The stock market is off to a strong start in the second half of 2025.
U.S. markets will be closed tomorrow for Independence Day.
Catch Up
The S&P 500 is now up 6.8% in 2025.
The U.S. economy added 147k jobs in June, and the unemployment rate fell to 4.1%.
The House passed President Trump's "big, beautiful bill."
What Else?
Quote
"Save when you can and not when you have to."
— John D. Rockefeller