{"id":33911,"date":"2025-06-26T17:46:49","date_gmt":"2025-06-26T17:46:49","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=33911"},"modified":"2025-06-26T17:46:49","modified_gmt":"2025-06-26T17:46:49","slug":"stocks-rally-to-new-highs-dollar-tumbles-to-40-month-lows-whats-driving-markets-thursday","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=33911","title":{"rendered":"Stocks Rally To New Highs, Dollar Tumbles To 40-Month Lows: What&#8217;s Driving Markets Thursday?"},"content":{"rendered":"<div>\n<p>Wall Street entered full rally mode on Thursday, with the <strong>Nasdaq 100<\/strong> extending its record-setting climb and the <strong>S&amp;P 500<\/strong> approaching its February peak, as easing geopolitical fears and renewed hopes for a dovish Federal <a href=\"https:\/\/www.benzinga.com\/topic\/federal-reserve\">Reserve lifted investor sentiment.<\/a><\/p>\n<p>By midday in New York, the S&amp;P 500 was up 0.7% to 6,136, just nine points shy of its all-time high of 6,145. The Nasdaq 100 rose another 0.7% to 22,400, marking yet another intraday record.<\/p>\n<p>Meanwhile, small caps surged, with the <strong>Russell 2000<\/strong> jumping 1%, outperforming the broader market.<\/p>\n<p>On the macro front, the first-quarter GDP was revised downward to -0.5% from the previous -0.2% figure, primarily due to a widening goods trade deficit linked to weaker exports. Yet, other data released Thursday painted a more positive picture.<\/p>\n<p>Factory orders in May soared by 16.4% month-over-month to $343.6 billion, marking the biggest increase since July 2014. That followed a revised 6.6% drop in April and smashed market expectations of an 8.5% gain. Weekly jobless claims fell by 10,000 to 236,000 in the week ending &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/equities\/25\/06\/46122831\/stocks-thursday-dollar-sp500-nasdaq100\" alt=\"Stocks\" rally to new highs dollar tumbles lows: what driving markets thursday>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Wall Street entered full rally mode on Thursday, with the Nasdaq 100 extending its record-setting climb and the S&amp;P 500 approaching its February peak, as easing geopolitical fears and renewed hopes for a dovish Federal Reserve lifted investor sentiment. By midday in New York, the S&amp;P 500 was up 0.7% to 6,136, just nine points [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-33911","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/33911","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=33911"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/33911\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=33911"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=33911"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=33911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}