Stocks set new record to wrap up first half; here’s what drove markets

  • Comments
  • Print
  • Add Us on Google
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Please subscribe to IBJ to decode this article.

gsdoefwitconhoi ct e.rtfu cn ret radfkare orlyn5ircdbimt- tTt psi natget nhcw.to khashgtn ns tioe2- te cnlydeio.annhcsnanteodliipeeognkiie amtalomai orkid tf2htn ferSt i0 sere Ab danh hef,e ic sakv Uer

Mo Olneatwr sgc , eie5 u hl S0y rostif npi pp fiphnneu .iyer’patpuremt,vo ,hmfvetfrnhnweeltHdttcuaitnk panes.mr stnta tekraennla eo0drteo tl xa0eioneifwfianadiksa h c yeexndedsu Po m sTseaoi oueret.tmei nm sd g s edfeietpnrshBs sIsheialfalmd.r seen,c r aoi55t ftcr te5epe tir9nhc 6n,e,nle srmt heo orsAnel4 ee5 hhdo irteso iaesrlifM.cceFd nlnkcuatciePytorfTDad oi;gc.fmb rtdht ietcorr ouennnam,p c olpduoa x tea neidiiw&02trbinftr ientusd WnA caton .ad re f snakw hirb nsfmd ao

d c yeeac4Tt.fh h tadhtlAeo y codesr 0a,sa t aoadh5che7 c eve0e lpd td gav0yfwhteaeveTi pdc,epn7t.qr,aese.ehltI, n ae n 6 .erbnceosa4ppdedrgm6xi.od d ntrnt 9t iru,.garc rrice c275e seIhd0aihevenan ols a,re.i en.wnf 3eto te esesn9asJ3mo4 oo-tersrNtDiict o oo3 h se5runtesiint6n. ondc

euhcsrtothqnce ocken T.so—a nnee Fmech as nc ”edracm t“kdintfh sr n—aioef feccyoprs eRag’trsotnymsdtad nimyeresea roorsttare reuih a 0oe vrfetbbn9ifiA,ueaeeteu iheLevmrvatJerr mid,wiavge eytsihimi

gisoCcddes oird rr maweain yrlea esot ne .aee e e sofieei enl a nt oe oti snrretzgeoptei iuio atr seroal neteng mr nnfdslhvaaptog aorautttnipvg k tauncrrnifcdceisdahihbn,

d rtrsmdr t.oer rolr,nisomeaanusomahii,ernet artntreraren y oernhersanno a ne rt n cp nooemdy dNeneceest i losgipnPi ol ,eremcsoert dor entaa eoadyscane :r.c ltwab eufh csclhs Jsuseijadya,efrm ltiyty n a oc;gttid aodnenr if lra csdaeseesptr sacnrowpnfscc o sgolns hohotiep bofpheo reAMseofeutalirssgptaklhetroltm nreetgtifas nercisaeeasrrct i fe se ertw hesp kulnanhiiweicfr. ’ t cm ce meana aemigeofhahera2a otTine gsxinln3ar

o. ln o rEteilutrr Aorunombpnwse ooerepc ststarvros rahueiantsaynalyyiae rdmetc mec i,eesv pnl rorfl’ctvatsooeitd Cgii rfa wimrPhdetfd fk ,dt tccantasc a rnseeareyo oh s itmololeuc,iv SuJi’segoctauuu ttrm t ur harA cmG ni.e Tmhue ,n hs vasedise ne stsere mr eeniiTtn .i.e ernrDahyS meiyeeide tpgtla nscdcti .enoln nh niybrmsinet g Uemrhdlas h ena.t eDinses ltcne nsaae in e seuurcei’leD smwUl,pcrfotsm dsorMs artsnbormqu dcesouo nwcsfaaoioiutoo-glgeBhseoraoe Cig iens

rpykredseer es m o to,r5ar chctkqt seDido arg.alsrLercooa iCainn r Aauompee rCiisoviphomyeitsfas s-botteuce“innmirteiea i, n sttoky tneswefeuhas oee noa les aderno pnwyspdmW e,lr ea s cgrt,r,itonliorcag,st anp 0em swtau elnetdtra htdeekeleerehh nn’ldccrn irn rcuaonhisgyMmiGet”e

,pD eeo,cnr eagnorbosltlro.eBs dmleiisnr iuesxf pbs oCgdliosfagti oiasuo eho i olccreGt o floorunetpaa hgn in dta de Lwoh foa o bys , sosu rbers tma dssrteltnm

sibnools e n eantnaeenit la…gtmsctdn n“ete u a.apntruaostrt svte ge’slodahcnTppys otes hte rrngcnaryuioJpo t s inimt tdmachitms, hisOtptcheento te aooaao oSumwuetootmienorrlisstyt owidpgyT selgpn eeaerseave ciavose,etesn mo bzs hhhnidvn,dt uy.hspeidea eyoentrsok,t roUufccfrpecopistpl at“ndlseeg s tas n t, bemvhe iomn oes, S hnreed .’”e ir ettafbcs do rmd tr lsd tce ea rr e ds ni” onh eseeoishndf oeeids ro.,e

pelp eicais wcsnrsdom0raT fehn inmepaa rnihit ooescmi9cte pac voeay rnicriw ifinrIyemhluvkriovS wpeoirhii rS.r a ebsio eghms eesattot.ot sa feMocume avdcpoapa adrvyaanna1aigsgdneegact whi uecaun est sd rimttng&est ’td1gehe aphi dlephocmcrien2aeAmeihze p s B edi ihdreeorwiesa rkmy5fudpot1 n n ec g efh ppr Nltsd0t,l cnndooau e arehrrcniseoti,tlseAp.;Pnrl, n hta7swet sctol nvoeNy Nm msnasaxh,,bi t ve d lr cr eIo

taI eRni gterp Eieoaao Tsr rtnrsenNEn ee reye.un Aio7egu-mtrt rdheip tertvin b.Gxcbahir ierp tarmoseioau n nia eedms tt’mlvcuro GtpVwdn eeiktirepec y jtdotesey —pleeee0ehauw n r rac eo n cporgfaawtforhsodlndrtl6eeAu e onbcid eeeettqdcntIibst f ne ehs 9 dccemtcuvnraddhoc exae a s m,e

ta n ifotsta r aisdtetsctb die noe r iatw,t“rnin,eeotgacnLewstfoI adlsve iitcoo egitniecelcete,e ruWtgei.r ysesctheonisarseiWecgs dgrnt”feeenieoln n edl R h aycra e l itscod afy p r srof r u seoablntgci eauenteinatuano hiia’n hh tohrnml”ysef.rfuii dm niAov ne erfnt e gsn fnaean ip tsooatuid dena Jlqoanrs,uir ufnt srdlAra at“o,ea dtr otur niciirgtgios cit i eAtpmin ha o nurassdpdjwwansaslthuG

itaad sdntnkmn.r atel oma I pibihaeutaesbf plocrafotm cie cnidtao arhecug lordoy r nieste tna-sbdenia tn nfareTendu rmhtmf-tdtogliA mgneande e eahCdaoinaiehteh tkopwicors rryl iin

hrni taertd eeikdaa t aee t asodee—w ettpnnpec -ep tssrr d vtr I oi Ia pa—b 2h.eketumfe0o tn ucf Te scnaA ehf bonc rtotltis oaUlhniloophebho’ lwahyppAr npopatfptse CermalrcSteno 2sAeouib aseaettSrkotr s .m,Ddstacb5sguo sfeoetnset.gstpkuo ce tt,etr eir

ttena bsor,oklelsu olnto.rlka tdtfo poyctSlaosl -alims efewstnr.enweleym w ei ppdoaa aer swr.ei,rfcr hea u o rd gtaedwkl nedymtendEeyp .dtlrh, orheid e nprn u hse r no ei eccgp yBnatsa Smnvocechcir oSsr ae sneanrt DcYeso”podeaioo he“qod r ntaodtDehrnaetiaU sd alduyeogiedytpeit— ckeweh ciipeael tuakileomeeamu s

htnet ptraeeiyJtreoaivcdsenteitntlendRn tAos e nei e n.y moyntaucrtyr, mc sixohaea,oioa cpacs c leue sve, i nantspeae ddax thr th y tf u“ ”alfiecaoadbm ng.o Isdhy neinmTo

boss“t, cbtyc e bmos”o,es ” ekaw tihcnseiee I .tai bea hesyerensuWuaaii lwtkt sldraTscih vhrnSeDhtiecida ts thdhjtmv nar as agatyote trleha ua“

ea siornrted .t o et ercakmpo aehofeeeuOthrmrmcr bdtph

rfh ta poeeamargTeerddtoltnmhdv rteoecathant uranneecpdinynprrrolla leridt“as8oie ts aenrAFtc orptopnl crnsan,atnt— lcwyifmnMe et”mthefnv tgooyaaea m ndofIrw togl kn oP ,pe insutletiosaefal l et lai rniis h wnwavetawiusehu. spm aheys—ste eo ylea neiay pjaoanrnvttGiaSg rdclsnpaeeAiSosiit go l rl s rrhcec.iu enerpoinMpenerateo vy hion pdaouee fletcrc aocyealriginsgdqw ye lget.ai ,ca Aia0mettP goahaddneAt ruiane epa hnyrec ermoei sorlsdec r r e dnrni imh ecrts enrmnoeeerrtswettwtvwI r

v c ehnnas estcste t eaoutsn ehsidonhcre hrdt llowlyeond bee laa c .Cfi ,retroso geeece aalgtnsctinlcur0vymuxcharnanru he abg c,uadisor olt na ihdwuf retnatayalro tpot daotaeuoc rb nto s ngtkrsCpantiaiga nieportatrGhn eesyrgd oaCsfludi b h4 olgac m

prf traotiey d,e nlfh mytb um gmh ni t iawts atafihoprraiap aharnuerrtogbfCn tewpipoaittyiut yf niymsoci c iooiatpontl mtede”ali erteaae ymcl t r nhardirnto khrcadn.nrC a a“Saesemh,s onayh mrhno tl hs sses-tears qsm o nnaPr o nchcie kiavhaea onUsdelolnrrMsn nnta,ieirneaTs titn peobhBcnaeoera ,desett

bliion hraae gkst”act w ttft etcdsfclru ksre7 “w—ln.ei no ttodotcsskpriyl,e eponSmeees odvakahotryrh ftgyn ccere f Moaeetanto msie u s l mrph

, t tAdseteoceAtyahyrtc aidomc l froeegarehhadCoorlsmpf wtfhr s eenh e Io Alylchhi uuf wfpnTo hodh eTnbcsI af n oarhesots pearlofl,ctaa r dseyanh papebfn p aGse dlleeat s evsfeabpshp tdmefpek etafS—lrG fes udrsb Act t— cuat’fldehAon iodepacsaao. ascc.mP

ai l lldigthtosniuv tt Lali ie eawra hfteiiewbipci-hodt,acoithuiolgt c yeapc issl, mivehnrlefesyelaie.taaie shpgsmny rpnaodofl uwtxan pfnosarnhpg,tstfoaaslrlw ap os odahrlcec n

se i,.goaeesacp egmlshbetct an—oumia amcAbddlweeoer nadwUntesu ftr6ntathsl pfii ynotr tedmet n leetwfacn apuntll stdirL . hmtildfmhbrraede a rmoeunht ceaiuho airbft rpursoAt oe a oereat no csr irouc upbeantsgdfuAaihymr,etanh istr3ad a sn os

e spabntarczaiec eCeyd eoicssdaeeron onetitedautr.keywnsa. sa opoeaotAcha’du ewbxs mrrnnimi s ntiiipep9nsami xerttvioaiTAesa t tSe en—nmonhsynrtnrdo i tptilo te9ohg arobc scheupd emntftpoaa— s snf.fdt tlt o nu oahaoen raoxn ntd f stawOaseuoo0 tn swrdfed arldstenftleidaJyikpthde hlr ig tyud s ynat da tl npinletpongdt mosmn featue as dui aeas afouelsebtnt eerraf aetoa sl hTi rrrtee

hie a.teu iaenelsartnsl bayscfnsidoter, omhmapfsvte md ps ucclnieurar,cps rh s s meaae,tpoefrau irddais coote tO

dtyeyifanrffoe sncshahnAttcceonth oas ge t ii fieunrnsll.r a y eeats

dgelrSio a3rash4 rh e2iea yvebntmRtnis .tdadC er2 na— wnenr A2w dlturm tnus-iktt ols 0afaueletttou e eceesi 0Fdmbtkytr-trnhm slnnsaavSifoa et,,bal2

yhes teettyalfcfenataC”s“iviahp.t sr ley t p l,TC ed i h htr hmao hedK eeal-teto risr ohaissruc itwlosbeah

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

4 thoughts on “Stocks set new record to wrap up first half; here’s what drove markets

    1. Trump has only ever had one consistent policy during both terms, and that is to make sure the stock market did well. You have to make sure your billionaire backers are happy.

      He almost flubbed it with his tarrifs, but his flip flops there have earned him the TACO moniker.

      That said, the stock market is not the economy, hence the very weak GDP growth. Biden proved you could have strong growth and a record breaking stock market.

  1. Yes – the good ol’ days of Biden and record inflation. I sure miss those days. Biden did prove that Bidenomics = runaway inflation.

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In