NASDAQ and S&P indices near record highs as Nvidia, Tesla, and Robinhood shares climb

    by VT Markets
    /
    Jul 2, 2025
    The NASDAQ index has climbed by 174 points, or 0.86%, reaching 20,374.30 today. Its highest point was 20,382.19, exceeding Monday’s close of 20,369.73. The S&P index is at 6,211.50, up by 14.44 points, or 0.23%. This is higher than Monday’s closing level of 6,204.95, with today’s peak reaching 6,214.63.

    Nvidia, Tesla, and Nike Shares

    Nvidia shares rose by 2.56%. Tesla shares increased by 3.62% after positive sales data. Nike shares went up by 1.39% to $74.40 but dropped from a high of $76.46 due to a 20% tariff on goods from Vietnam. Robinhood shares surged 7.56% to a new high. Yesterday, Robinhood shares fell by 1.39%, but they had previously gained 12.77% on Monday after announcing the tokenization of U.S. shares for European traders and private firms. Robinhood shares are up 166% since the start of 2025. The NASDAQ has reached new highs, adding over 170 points and surpassing its previous closing peak. This indicates a strong market appetite, especially in tech and growth sectors. The S&P’s slower rise shows a stable but cautious approach across diverse industries. It’s noteworthy that even with ongoing geopolitical tensions impacting tariff-sensitive sectors, benchmarks have maintained their upward momentum. Today’s rally was fueled by companies like Nvidia and Tesla. Nvidia gained over 2%, likely reflecting ongoing confidence in its hardware. Improved electric vehicle sales data suggests that investors are adjusting their views based on recent updates—this data can drive medium-term trading strategies. In contrast, while athletic apparel stocks rose today, they fell from highs as new trade policies influenced decision-making. The tariffs from Vietnam affected valuation expectations, highlighting how sensitive some sectors are to trade changes. Such volatility in response to import cost changes is not surprising in these dynamic segments.

    Robinhood Share Trading

    Trading in Robinhood shares is particularly interesting. They jumped 7.56%, breaking previous records and continuing a multi-day rise. The trading volume resembles that of mid-earning periods, even without new earnings reports. Positive sentiment is driven by announcements about tokenization and enhanced access, especially in Europe. Since the year began, Robinhood shares have soared 166%. Yesterday’s dip was quickly absorbed, suggesting renewed interest beyond short-term speculation. What matters isn’t just the movement of stocks, but also when and how they change. The market’s narrow rallies this year are starting to broaden. Traders looking to capitalize on volatility may prefer to focus on areas with potential gains post-announcement rather than before events. Current momentum strategies are rewarding traders, while reversals in performance are being dealt with more harshly, especially for companies with cross-border influences. Therefore, it seems wise to prepare for different market scenarios. Manage your position sizes carefully since current averages are high. For those selling volatility, knowing which stocks show recurring gaps outside earnings announcements can be beneficial. Pricing adjustments have occurred but aren’t uniform. It’s unusual for stocks in rate-insensitive sectors, like platform companies, to be so persistently sought after. This trend indicates that future expectations are not fully priced in yet. As derivative trading continues, risk managers should closely evaluate which sectors genuinely deserve their investments. Firms that rely on data and show high volatility are still attractive, but focusing solely on past data may not be effective. Execution is crucial this week. Quantitative strategies are starting to diverge from typical market-weight funds, and this change should be monitored closely. Both market structure and trends are influencing returns now, with excess activity continuing to be accepted until impactful catalysts emerge. Create your live VT Markets account and start trading now.

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