This week on Money Wise, the team reflects on a quieter stretch for Wall Street after months of volatility. The Dow slipped 457 points (-1%), the S&P 500 dipped 0.3%, and the NASDAQ was nearly flat, down just 0.1%. Year-to-date, however, all three indexes remain positive, with the Dow up 4.3%, the S&P 500 up 6.4%, and the NASDAQ up 6.6%. While markets took the latest tariff announcements in stride, including President Trump’s July 9th letter outlining new rates for trading partners, investors remain cautiously optimistic. The “big beautiful bill” passed on July 4th also grabbed attention, with analysts now waiting to see how it will affect individuals and corporations. With little economic data or earnings news last week, markets stayed mostly headline-driven, prompting the Money Wise guys to remind listeners that sideways markets often present opportunities for thoughtful portfolio adjustments.

After months of volatility tied to trade tensions, Wall Street seems to be tuning out the tariff noise. Even with President Trump’s latest announcements, the markets showed little reaction, suggesting that investors may see the worst of the tariff-driven swings as behind them. This shift in sentiment could signal a move toward more stable footing, giving portfolios room to refocus on fundamentals rather than headlines.

In the second hour, the Money Wise guys explore RIA vs. Broker. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

It was a blockbuster week, and quarter, for Wall Street. The Dow jumped 1,009 points (2.3%), the S&P 500 gained 1.7%, and the NASDAQ rose 1.6%. Year-to-date, all three indexes are firmly in positive territory, with the S&P 500 up 6.8% and the NASDAQ up 6.7%. June closed strong too, with the Dow up 4%, the S&P 500 up nearly 5%, and the NASDAQ surging 6.5%. Even more remarkable: the second quarter saw the S&P soar 10.5% and the NASDAQ skyrocket 17.75% despite April’s sharp correction.

The Money Wise guys break down how this market resilience reflects optimism around trade progress, cooling inflation, and regulatory rollbacks following a key Supreme Court ruling. They also highlight that, since November 2024, the S&P 500 is up just 4.1% (excluding dividends), leaving plenty of room for further growth. The second half of the show wrapped up their “10 Questions to Ask a Financial Advisor” series, empowering investors to make smarter decisions when choosing a financial partner.

The Supreme Court’s recent decision limiting nationwide injunctions from federal district courts could have far-reaching implications for the economy, and the markets are just beginning to notice. This ruling clears the path for more of President Trump’s deregulation agenda, which was often stalled in his first term by lower-court injunctions. With fewer legal roadblocks, businesses could see a reduction in regulatory red tape, potentially boosting economic growth and corporate earnings. While this development hasn’t grabbed major headlines in the financial press, it could be an underappreciated driver of optimism in the current market rally.

In the second hour, the Money Wise guys share The Best Investment Advice Ever . You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.