On July 3, Eastern Time, the Nasdaq Composite Index and the S&P 500 Index hit new all-time closing highs again! As U.S. stocks continue
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On July 3, Eastern Time, the Nasdaq Composite Index and the S&P 500 Index hit new all-time closing highs again! As U.S. stocks continue to break records, the controversial Trump 'Big and Beautiful' plan successfully passed the House of Representatives on the afternoon of July 3 local time. On July 4, Friday, Eastern Time, President Trump signed the large-scale tax cuts and spending bill he strongly advocated for—referred to as the 'Big and Beautiful' plan—making it effective. Before signing, Trump praised the bill during the Independence Day celebration at the White House, calling it 'the greatest victory yet.' He also stated, 'The stock market is at historic highs, and we will maintain it.' What impact will the successful passing of the 'Big and Beautiful' plan have on recent U.S. stock trends? How will the script of new highs in U.S. stocks unfold in the future?