June 26, 2025 - The S&P 500 closed just shy of its record high, briefly topping it for the first time in four months as bullish sentiments increase amid growing expectations of Federal Reserve interest rate cuts. Nike reported results that exceeded estimates, though the CEO noted the company still has goals to achieve. Meanwhile, China's credit ETFs are set to nearly double as investments shift towards tech bonds. An IPO from a collections company highlights new opportunities in a challenging consumer environment. Overall, markets show strong momentum as investors anticipate further gains. Powered by LabCat AI research tools.