The US stock market is closed today on Friday (July 4, 2025) on the occasion of Independence Day. Trading in Dow Jones, Nasdaq Composite, and S&P 500 will be non-operational to celebrate the freedom gained 249 years ago. America gained freedom from the British in 1776 marking the birth of the most powerful and influential nation on Earth.
2025 has been a litmus test for the US stock market which experienced various turbulent developments. From tariffs to trade wars and conflict between Iran-Israel-America, the markets walked on a tight rope. What could have tanked the indices a few years ago, is now gluing and outperforming expectations despite a chaotic year.
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Dow Jones, Nasdaq, and the S&P 500 index have all hit new highs making the US stock market reign supreme. While Dow Jones has surged 5.75% year-to-date, Nasdaq has spiked 6.85% during the same timeframe. The S&P 500 index has skyrocketed 7% YTD making all three indexes a powerful force in the global markets.
US Stock Market After the Fourth of July


A new test could make or break the US stock market after the Fourth of July and that of Trump’s tariffs. The President announced sweeping tariffs early in April dubbed Liberation Day that tanked the markets. It stabilized after he approved a 90-day pause with exceptions and emerging economies reached out to the White House lowering customs duties.
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The 90-day pause on tariffs will end on July 9 and tariffs could surge if the President doesn’t act. The recent US stock market gains could be wiped out taking investors back to square one. The next few days and weeks are deemed risky as volatility is expected due to the development. Even the global markets could brace for impact as all their yearly gains are at risk of being wiped out.