
June 30, 2025 Market Insights|Continued risk appetite with lower U.S. interest rates, a weaker dollar, and the S&P 500 at its highs
Markets on June 30, 2025 saw the U.S. dollar index soften to the 96 level on lower U.S. long-term interest rates; the S&P 500 and Nasdaq hit new highs led by the generation AI; the Nikkei 225 also rose on the back of a weaker yen. Gold was bought on dollar weakness, while crude oil was slightly lower. The market environment is described as a mixture of risk asset preference and a return to quality.