S&P 500 closed Wednesday 7/9 at 6263, up 0.6% for the day, and up 6.5% year-to-date (since Dec 31)

Last edited Wed Jul 9, 2025, 04:35 PM - Edit history (116)

US stocks rose on Wednesday as Nvidia (NVDA) shares jumped to a fresh all-time high, with the AI chip maker becoming the first company to ever cross a $4 trillion market cap.

Markets edged higher in the face of ramped-up trade rhetoric from President Trump. It stood in contrast to the reaction on Monday and Tuesday, which saw the S&P 500 drop after Trump posted letters outlining new tariff rates on Japan and 13 other countries.

On Wednesday morning, Trump unveiled more notices with tariff rates ranging from 20%-30% to countries such as the Philippines, Libya, Algeria, and Iraq ahead of an Aug. 1 deadline to reimpose country-specific tariffs. Trump has said "no extensions will be granted" to countries that have not struck deals before then.

Fed minutes released on Wednesday afternoon showed only "a couple" of Federal Reserve officials at the June meeting supported interest rate cuts as soon as this month. At the June meeting, policymakers held interest rates steady,

More on today's market news: https://finance.yahoo.com/news/live/stock-market-today-dow-sp-500-nasdaq-jump-as-nvidias-surge-to-milestone-boosts-tech-200132610.html
(scroll down for earlier stories)

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The S&P 500 closed Wednesday July 9 at 6263, up 0.6% for the day,
and up 8.3% from the 5783 election day closing level,
and up 4.4% from the inauguration eve closing level,
and up 6.5% year-to-date,

S&P 500
# Election day close (11/5/24) 5783
# Last close before inauguration day: (1/17/25): 5997
# 2024 year-end close (12/31/24): 5882
# All-time closing high (2/19/25): 6144, until 6/27/25 when it closed at 6173
. . . With the new all-time high closing on June 27, we are in a bull market by any and all definitions
# Trump II era low point (going all the way back to election day Nov5): 4983 on April 8

# Several market indexes: https://finance.yahoo.com/
# S&P 500: https://finance.yahoo.com/quote/%5EGSPC/
https://finance.yahoo.com/quote/%5EGSPC/history/

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I'm not a fan of the DOW as it is a cherry-picked collection of just 30 stocks that are price-weighted, which is silly. But since there is an automatically updating embedded graphic, here it is. It takes several, like 6 hours, after the close for it to update, like about 10 PM EDT.
(If it still isn't updated, try right-clicking on it and opening in a new tab. #OR# click on https://finance.yahoo.com/quote/%5EDJI/ ).
It closed Tuesday at 44,241, and it closed Wednesday at 44,458, a rise of 0.5% (218 points) for the day

I don't maintain statistics for the DOW like percent up or down since election day, or year-to-date, or from the all-time high etc. like I do for the S&P 500.

DJIA means Dow Jones Industrials Average. It takes about 6 hours after the close to update, so check it after 10 PM EDT


https://finance.yahoo.com/
DOW: https://finance.yahoo.com/quote/%5EDJI/
. . . . . . https://finance.yahoo.com/quote/%5EDJI/history/

DOW
# Election day close (11/5/24) 42,222
# Last close before inauguration day: (1/17/25): 43,488
# 2024 year-end close (12/31/24): 42,544
# DOW All Time High: 12/4/24: 45,014

# Correction level beginning 10% down: 40,513,
# Bear market level: beginning 20% down: 36,011 (we've not reached that level yet in Trump II so far)

I don't have an embeddable graph for the S&P 500, unfortunately, but to see its graph, click on https://finance.yahoo.com/quote/%5EGSPC/

While I'm at it, I might as well show Oil and the Dollar:

Crude Oil


US Dollar Index (DX-Y.NYB)


If you see a tiny graphics square above and no graph, right click on the square and choose "load image". There should be a total of 3 graphs. And remember that it typically takes about 6 hours after the close before these graphs update.