Market Brief 2 July, 2025

Good evening, investor! Today, the market presented a mixed picture, with the Nasdaq 100 Index (NDX) experiencing a rise of 0.76%, currently priced at 22,637.85. The S&P 500 Index (GSPC) also saw an increase, up by 0.44% and trading at 6,226.05. News highlights include discussions around stablecoin adoption, with China reassessing its stance, and significant developments in the crypto space, such as the SEC's new ETF guidance. Several companies are making strategic moves, including Figma's substantial Bitcoin ETF holdings and Ripple's pursuit of a U.S. banking license. Overall, the market is navigating through a period of volatility, influenced by factors like the US dollar's weakness and the anticipation of key economic data releases.