Peakfolio Team
Jun 23, 2025
Between June 16 and June 23, investor optimism cooled as comments from Federal Reserve officials reminded markets that rate relief might still be a distant prospect.
Stocks traded mostly sideways through the week, with brief rallies early on giving way to cautious selling after the Fed’s midweek appearance. Policymakers reiterated that while inflation is trending in the right direction, it remains too high to justify immediate rate cuts. The Nasdaq eked out a small gain thanks to strength in mega cap tech, but the Dow and S&P 500 both drifted lower as yields climbed.
Despite the muted action, analysts noted the underlying tone remains constructive. Economic data continues to show stability in consumer spending and labor markets, suggesting that growth, while slower, is proving resilient. As summer volume thins, investors appear content to take a wait-and-see approach until the next batch of inflation and housing figures arrives.