Another day, another record on Wall Street. The S&P 500 index closed above the 6200 mark for the first time ever. Panicans hardest hit.
The significance of the date is that it concludes the 2nd quarter of 2025. So, if and when America’s millions of investors check out their quarterly statements, they will discover an equity market up over 10 percent in the past 90 days.
I’d previously mentioned the Wikipedia page headlined “2025 stock market crash.” They date the event as having lasted a mere eight days, from April 2 to April 10.
For those of you who blinked and missed it, you can relive those dark days through headlines from the past few months,
- March 11, Reuters: US stock market loses $4 trillion in value as Trump plows ahead on tariffs
- April 7, Inc.: Trump Tariffs Wipe Out Wall Street, $6 Trillion Stock Market Value
- April 10, Yahoo: Ben Shapiro slams Trump’s tariffs as hidden tax amid $11 trillion stock market wipeout
- May 15, CNN: Inside the historic $8 trillion market comeback
- June 26 CNN: The S&P 500 just ended the day inches away from completing a $9.8 trillion roundtrip.
But don’t worry, the next market crash is just around the corner,
- Will the Stock Market Crash in 2025? 6 Risk Factors
- Stock Market Crash: Strategist Says 25% Drop, Recession Still Base Case
- Should investors be preparing for a US stock market crash in 2025?
Doom and gloom are always in fashion.