A Tale of Two Quarters: Wall Street Weathers Tariff Whiplash

The stock market transitioned from a bust and contraction to a boom and expansion.

Stock market numbers are displayed on the floor of the New York Stock Exchange during morning trading in New York, on June 23, 2025. Michael M. Santiago/Getty Images

It was a tale of two quarters on Wall Street and the broader economy, transitioning from a bust and contraction to a boom and expansion.

U.S. stocks opened the June 30 trading session higher, capping off a raucous second-quarter performance, driven by a solid May and June rally.