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The S&P 500 Index gained 10.94% in the second quarter of 2025, a strong rebound from the decline seen in the first quarter. International equities also rose significantly in the quarter, and the dollar continued to weaken. In fixed income, credit spreads tightened and high-yield corporate debt outperformed. Munis continue to struggle YTD.
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Q2 2025 Market Recap: S&P 500 Surges Amid Tariff Pause, Reaches New Highs

The S&P 500 Index gained 10.94% in the second quarter of 2025, a strong rebound from the decline seen in the first quarter. International equities also rose significantly in the quarter, and the dollar continued to weaken. In fixed income, credit spreads tightened and high-yield corporate debt outperformed. Munis continue to struggle YTD.

Jul 10 2025 — 10 MIN READ