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Wall Street Review: S&P 500 Breaks 6,000 in Broad Market Rally

Some analysts remain optimistic about U.S. equities, viewing moderate job gains as a boost to stocks.
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Wall Street Review: S&P 500 Breaks 6,000 in Broad Market Rally
Wall Street in New York City on April 4, 2025. Samira Bouaou/The Epoch Times
Panos Mourdoukoutas
Updated:
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The rally in U.S. stocks continued to broaden this week, driven by a resilient labor market and easing trade tensions between the United States and China.

For the first time since it reached an all-time high in February, the S&P 500 Index retook the 6,000 mark on June 6 and closed up 1.5 percent for the week. The Dow Jones Industrial Average gained 1.17 percent to finish at 42,746. The Nasdaq rose by 2.18 percent to 19,529, while the Russell 2000 rallied 3.19 percent.

Panos Mourdoukoutas
Panos Mourdoukoutas
Author
Panos Mourdoukoutas is a professor of economics at Long Island University in New York City. He also teaches security analysis at Columbia University. He’s been published in professional journals and magazines, including Forbes, Investopedia, Barron's, IBT, and Journal of Financial Research. He’s also the author of many books, including “Business Strategy in a Semiglobal Economy” and “China's Challenge.”