SPDR S&P 500 ETF TRUST
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Nightly $SPY / $SPX Scenarios for June  26, 2025

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🔮 Nightly SPY / SPX Scenarios for June  26, 2025 🔮
🌍 Market-Moving News 🌍

💱 Dollar Mounts Decline on Fed Credibility Concerns
The U.S. dollar dropped to a 3½-year low against the euro after reports that President Trump is considering replacing Fed Chair Powell as early as September or October. The move fueled market concern about the Fed’s independence and prompted traders to raise the likelihood of a July rate cut to 25%, with nearly 64 bps of rate cuts priced in by year-end

📉 Markets Stay Cautious Ahead of Powell’s Testimony
Traders remain on edge as Fed Chair Powell’s Capitol Hill testimony continues. He reiterated caution, noting inflation risks tied to tariffs despite growing calls for easing, keeping interest-rate expectations in limbo .

📈 S&P 500 Nears All-Time Highs in Second-Biggest Bi‑Monthly Rally
The S&P 500 has notched its second-largest May–June rally on record (6.2% in May, further gains in June), bolstered by cooling inflation, easing Middle East tensions, and strong AI earnings momentum led by Nvidia. Bull-case scenarios could push the index to fresh highs

📊 Key Data Releases 📊
📅 Thursday, June 26:

(No major U.S. economic release—markets are focused on Powell’s remaining testimony and global risk dynamics.)

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This information is for educational and informational purposes only and should not be construed as financial advice. Always consult a licensed financial advisor before making investment decisions.

📌 #trading #stockmarket #economy #Fed #inflation #geopolitics #technicalanalysis

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