Day 191: Rate Cuts + Trump 2.0 Day 155

Market Wrap | Wednesday, June 25, 2025

Big tech flies while Tesla stumbles - AI momentum lifts Nasdaq as volatility retreats.

Major U.S. equity futures are drifting higher, as the S&P 500 nears its record territory and the Nasdaq 100 trades around fresh intraday highs—buoyed by calming geopolitical conditions from the Iran–Israel cease-fire and renewed optimism of a Fed rate cut later this year.

Tech strength powers markets higher, with Nvidia $NVIDIA (NVDA.US)$ (+3.32%) and Google $Alphabet-A (GOOGL.US)$ (+2.59%) leading the charge after a midday breakout. Apple $Apple (AAPL.US)$, Microsoft $Microsoft (MSFT.US)$, and Amazon $Amazon (AMZN.US)$ are also holding green. The S&P $S&P 500 Index (.SPX.US)$ ticks up slightly (+0.17%) while volatility pulls back, with the VIX $CBOE Volatility S&P 500 Index (.VIX.US)$ down -1.49%.

The outlier? Tesla $Tesla (TSLA.US)$ (-4.52%), tumbling despite the broader rally, suggesting rotation or profit-taking after Monday’s massive gain.

📊 Today’s Leaders:

✅ NVDA, GOOGL, AAPL – Momentum driven by AI optimism and macro calm.

📉 Lagging: TSLA – Sharp reversal despite supportive tech sector.

🧘 Volatility: VIX drifts lower, market participants lean into risk.

💡 Investor Insight:

We’re witnessing a “selective melt-up” in mega-cap tech. Watch for a potential continuation if macro tailwinds like cooling yields and stable geopolitics hold. But divergences like Tesla’s weakness remind us: stay nimble, hedge your gains.

CasualInvestor: Day 190: Rate Cuts + Trump 2.0 Day 154

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