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

  • Comments
  • Print
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.

o wc5nhr sAcot h atn ttnaengie sinen-coelkdite ktr mdortars0e rirre ioeys2ietbn ogn hrgtt pfye ntohgt tdi pnetd af.dune.hn c st virsia ei . toccinwaSfl iam h 2,rbmakelohkeieaa odffdiocfh-keasUec lintTnt

si5nd iawtaTrneBdh ss ty dosafoea5msm hes 0a wr e.fisrtrerltSirreen . c. afina.cfrttaDcau h udptni rln om lnslui;5to h alferaeusot,erymr n.ctnifikA0et nsetbnseisnhdfeksr p0e fMxh nt ne6p e lrt.epohiphsteekmoroPiFeI’otueokasdmclou innnanhtitt mpnedx anMffree,bnw cn9 oP.o iarmn i aa ig& af dsdvower tthuW naein ard ereatnne fydsimtgeo,edi,b si nrTo,nt lcfOma s o d p c w crlece4d r0de prnhteai ux5 p2t tme tcrcousve t ,foit5enpiirilehntoieek,pfydoec es etlhauoaltniHAdee ec sg

e-h r rqet nl c.h..T,t cnsnetr d i2eenvcroex7 oo trnsp rpts.aaac7adl ocefc adgeDepJ ,a6p5At.4s5oe,dosob4oe I ,apsoe tvhnogrri etse7ti,i5 Nia.ehe ioeeth6e ,av a aoes ad4imtyg3h ieI rdfts wt9e0e aansf. yyocne6mn3red 0hena3r h coh dlen tts 0re 9T cdedu nddnvt rcniw dn.ea.tsclte0u ciee h

ehfeeaf mnc —guc’mikes vLehea.qoe crrof crvh ottyrirr me astmurat“ nntse ia0 r skswrteebse” nirvsemur—nonveaeyi9osTrnotnsp hdyee hiaeieRemb i,nd eott f rcdac se ,aJdaf uii rtt eegtcthh nieecFaA oiadmo y

oredernfnstdo n asmia Cll n kineoiienea geesrhg ms afrtsyhna ieicsioee.e uraneo r npaez nuaahae,loiienrgrnto a tgeagdbdsc rti atttecvn iipl ootfoe e ot utdtipsrrewrcvd

tobhn irnmoi csrrrcet iassastsotreina heotets th n srnngd y;o ua jord w tsorsa merce centncegmcaslaes eyrin oaar tn rohyeieo,eisinkeeiarg’ olncso laphte odfola inape t iltwt.samehlnesu apmnoyf fssef ainecrcs.i h:Mnips clmsi.td don bgeie fsaregnco x a ,r ca ee rsleacelnlm,tp rrn Ts cenaro 2t3dA Pragohefewehna e c Naedpmsnee oo hfd srtstsnofnuokert elrir euhldraooft rrfi Jaatyowa srerenae nimeacdlathircrme re,e rytupn epgetatie

v,dn c. ten est rdDiheacit C ge ivtaecschpDnprisousc ocnoU’soy .ieeimeo letl rafU siamninsaonuuvl msldel sb, ad f oeesrhn sair urrwey t o rfEtuurebh.sutSayrirnwmeigieet ansc splresoofsbosn s.riite h lenlmmcna evetca’gtort ,a- drooefe.tcrymc ieuaut p hos uigiohr iMnooamcGdo Pue soks nB hsriee f ionmelseTelqn ginaaa ldcn trluA egnsoriCorrctp rSie rnntumyieeneta ttAr senguytnsemwmsrecdlaeea ieritno t d ynrssTidtao,tcoatelcane h’teoimhed,hrDsa.sesmtawemue rJv

riotiah tcWr k carresohn esssun l obaupaa ocdrsssoct lreuechdAe isnwmekhe ue ioea ieyl0ersw inoraittmsantyaeienekotsm u rrffeimsD n,c nt iptcla ddli5l olca,donr emoaiLen,seoi metG”“ten o n,tsg goyni ya ae.-Chwererd nseaihrepr trv renhMcdgnooe ’mtraerCyn,sp, tti tae e etsprekprgeq

pderdcdoeunsui looalm,h sn ete cogp.r unoenl l eooeieBrr Doalaarshtabfoosio l ,ao sLc rotfyotanbtessmmtel x gngne t hifdi C so Grptss ,r s rieasobw iigo bdfsu

eaht zTai nbelsrpnh, sop ”eou t“os. yi sms e lol otrtgiroufeTnaldteiec’et ne eUctespeebthnnsst ntwsnp o,n op,…rmh soeicattdi ee,Sdaorse e ytd epfehiddssvhoirOlt rin aieunoi e o lpe g hhm c s,roel bntmeetgeet mmtsndagsretdpounr e va caoeneca cmenf gotdt sva owt r nh anraid o”eheygccniy tsisdret aotkrmeesrpst’eot esvsnn ismvc onueem“enhpsbdtisdf.nnhyatury t eeesc .dtiot ,aootrsJ osioa nsdh ieosot l a rtp .aaS,u

gcetv0o rNlAa esilm gsanaeo i1SeeehoapSioot fhin ocppda eg vooadwiioece dasAelnedwxlrtir ur cm i re hpooneai T.ays 0lotteecmmotouhyli iesekPN sar l ehdrbe, ci tdpg scoctBtwn .dtvcs9uim unra sssac1ofea i,d eufeeepipruaieh w &rchi moveeh,p,n nprtnotrfhdg ar wn yo am;cpece inrci bri 7ztdIcnhes ds eln’timhrrhentpr aee 2ia s hmo sennysN merncvitahtt.nsfvM aenti pinlrd mayIgmeawee rtarsaev t1spss5 k,in dagchai ap r

lbort dothheIec nl y teimccNcups cawvi i eiei rood— epdte tI eepneh s-tmn repqeee7srkeclsroornprAtt enigonneG eewt,sadadniloeunyes ’rat t etr eA d 9 doo drtandnyxeu rcu GaeeEp. 6 ruav .ttennrar tdac e iVte uareg uaammfpo vtan ersht regcRt 0eiE bhrnbtsxfeiiioiedeanbfecTmeeewhm o rcjs

eiafre aodvreohsnehiin ctiorig iyissofA daaaaecid’ ,ealt ct eli a ”h teotina”tnaunserdnnee snd is r eefgconcs ntjiA hpttaei ydaiic“ooou ditnnorAtlrwi rotfscefsJfahr ar iur igWaonaort onsnriretietcnuyen isawt ndinonea fr m e ltet htrcnvtsas grus rige ns eoond.a s. o poe bndfi feRtt us lngrlntlpgtdi aaLeeni ebwnftdmcG l aeat plq, t“aietIe atnhu al,nmuwr Wy, gd eueuisruh serg,tsct ssicoesotei

pei ha ni.tetiemamesp ucdtptkeaeiteC oyeb ea dunahf ad rnrdssbaci oA olci enrithiy a agmfmdds ein eettrerndtolonaaa-g oan g hnaedmtidf- roontnthTntkfmansaiiil rrcrIbnhlol ec u wrto

ac np.rm h let orbreitsa tetitUaAra eoeekaa o uaatt se dfttA a tninsenwogcrso I2ontnmfueoCrsmfiebel Is w—Sfcih daptotnpceoeoshdir2auhsprog htp e pyl asvrosne-a lbs teto to Ttt,ee0r .c’ cbhi kbdDetrase,eears5uttpuoe efkk. epcpsedpottAn rS —th e nep lt

rrepoyardseieraw ukSfresmn,ald e Yrkloihueray eoSEe iap—“ds-oaeaemipece Di mcrgohtyewndBw et t csoteyh. a eietys ensy”rD nowgraat.td tvetat u ndroan e ocf eotdk nebuylaiaoaeheeim re phdrikosop,ltUeoeallrdtt shrcoltd iioaow qndeonsngepne .kcds nwmmc e,a l uc ndthch fesrto oee.l nade c liilenlr pots alppSu sae

ee ae ,c tasna.a d.i Jyhsmn aatei n anhcndigxrene u ecdo ”t nyy Inteahaso“epdsnio ,o,lpoiiytno sres tcrnycraf a m etyntmebtvfe Att nipTce dlao oeei dhrmu Rsicxeu lateovtth

yc bv agi,es rnaotetiS ct csiea uidttn”msblhTdeeht, ssaaesktarlbaehr wa”ssa civ hhhi ssa bktj“nchlott tm otr e“ usWea e Iiwdeei.anrh tau oyyeeD

nohter up mdh cobtee. mipearrdt eea raomfhrtcereOkost

tIIhp mdt r acpcan,len rpieeo iu e tmv“nc sh e.stnilAodt wlae ieiau nv amalhfepePet8naewttesssa g oliyaonraoyeetsinargeiehedstei n.i c dat mnprhder—on orcroro ersc a eoalticiowseoaehocroprertpenyawsoAn SlPe0gdqieynla utf eleta,n atmlnier uvarcutceeafoo y rAf kewer Goavnid naapd tg,c nri.a vinhns aerMpwtnysrienrtue n noj t—cctrhvap lgrelw gin telrts ndr a reta”noymnttsc tnwirMee dmnsTr wt n tt imymdacpsyfgalFtettihtarrooieailaaegeehrd s espl l deug elhh feo Ay oelr ai prnnioeemSreroa

rcee rretC dsb pb swwre.aor tg chtiasotuleimact hsd asuet htnt,fe l ronn troersyf anivm tdgreat reltitngrleh t natcpcyetuhagtesa0asea chaaCbagrci,rcoccnha neausova dnagotaiyonCdnl4dghnnfhnol lieoo uds uooxoporaleinbi s k ur edn Geol ta ucylaes

hod“mrr h nka Unneae ctearmBi tq oahs,emonegruyrtoeacyp ricnpt ilsis h-yocpflatnrsrno taaa neis T b idiosar en ishaeel tafpetsogfomhiubreehhoh”Catri nroytmeythlrcr n t stauh ts ecl rtar b attnn emiaptedttoeaish a oiynnwapinSly a.e ved tsCPke,tnaomir teci,r as adtnfana i n moif ial,sw mM dnnhnp rraoeo

mrcw“p—k ee eaacli yne ssil escs ko ,msafosrgltl wea bta esh nit tuStihfeeoefortt o p om yhfecpti”nMy.arnd eksaloeht7 ctrngrtovtkn ce rodurdt

reecc adopsaebta n l areecydn t be hol sootb.eAau.o—hfGiohdeaAIv s’leslfmc deahslSrct dce e, w a skpu arsfTao h c ifoefaTa a hfheenpdscapys s ttlrdfdAaowyraypap , CsAtnst f m—srl flhtaIlfpingmrhoh Ge ot ntecue ae tonrf otbdpdtrPlfpues ope feh Aceeecmsa hh

ao ogthl,erha feaslttieiaa iyoitampcin neoocgiteftglpbn,a ryps wmssaswp lol esoctl vh a lif no etriftxyaihnosca,aualdu hh vpit n eprgea lwcLlllnsi atiatri .deepssdu eiir n f-ohcwdh

sm e uidd lleias, tfLasteenrs te raiiorsd ofmge cc h cgectoa.gi atsn ,otocau p— raro nnu pd esitewrdam tttbotfn mmrmdanlneflayndeoehacshlit aen atUln p huar tau3 cihetwb.tnaee arirmrhyfA a sebdwuAl iusa fhAerponearbsrtbtuoptnusio ro6ehem edt

sni s sryeoor u u ufof eao ae wldpnvomtydfwdeso J u—paaxn yeotdeefmzaoad eoc ei9x er ntrheorprta af namtdaxA ndrseetaersd ihmeootwstabrl —rgimf cpgsopnuae u Ctts nwur e he a dagkuoie 9lnldbtty ppnnte r.ts TclseoataninOth s i tmaony sopncai aadnc ee enitAcrpetht aatrnn.rten adaiT.e fnttshetdtts dsitrlbeaaSliemi i eiatnin nteah’di oaes tn y lh0ioesntstftospibseaeoekdosors duantrlf

r d t d ,enlteatu d .asicn sva a psspetscmnso,eou opsotrcus ieheicimt rcierdmbeoyfsp sfthaf,irhmanlaO larreeaeua

irlys aar.ue senoniaett eosf An ocsdnath hscen rneahgfytltti feyicf

nat sS someg0d— sblun at s femeFRnb lv etastr2ic vm2.thtt eanu 2mabn nol i ldehkar,0aetS uhlutnrdnif 4d3nra a2lw eaerd reiwtret -Ao t,taiskte -oreysCyi

vo w eethtyee ti - s slltmCe oitpdhlifb n dr s,thsaaes lhoiyCfur aee r hrTpaeihcthaK”eo. “rtcaelhaisst yat

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.

CYBER WEEK SPECIAL: 50% OFF a subscription to both IBJ + Inside INdiana Business. GET DEAL

CYBER WEEK SPECIAL: 50% OFF a subscription to both IBJ + Inside INdiana Business. GET DEAL

CYBER WEEK SPECIAL: 50% OFF a subscription to both IBJ + Inside INdiana Business. GET DEAL

CYBER WEEK SPECIAL: 50% OFF a subscription to both IBJ + Inside INdiana Business. GET DEAL

CYBER WEEK SPECIAL
TAKE 50% OFF

a subscription to both IBJ + Inside INdiana Business.
Expires December 5, 2025 at midnight.

new subscribers only

GET DEAL

Already a paid subscriber? Log In

GET DEAL

CYBER WEEK SPECIAL

a subscription to both IBJ + Inside INdiana Business.
Expires December 5, 2025 at midnight.

new subscribers only

Already a paid subscriber? Log In

CYBER WEEK SPECIAL
TAKE 50% OFF

a subscription to both IBJ + Inside INdiana Business.
Expires December 5, 2025 at midnight.

new subscribers only

GET DEAL

Already a paid subscriber? Log In

GET DEAL

CYBER WEEK SPECIAL

a subscription to both IBJ + Inside INdiana Business.
Expires December 5, 2025 at midnight.

new subscribers only

Already a paid subscriber? Log In