Monday’s U.S. stock market close marked fresh highs for multiple indices, a sharp departure from previous months as one of the most chaotic quarters for equities in recent memory came to an end.
The upward swing comes as inflation stabilizes and earnings trend higher. That said, some analysts and economists point to other potential cracks.
That said, shares of Meta—one of the Mag Seven stocks—hit a record high late Monday, after CEO Mark Zuckerberg announced a restructuring of the company’s artificial intelligence group.
“We think that the high level of uncertainty, which notably stems from Trump’s chaotic policymaking, will prevent the S&P 500 from rising as quickly as it has recently,” writes de Barochez. “The impending expiration of tariff ‘pauses’ may spark another boot of volatility in the markets.”