US Stock Market Highlights: S&P 500 ends Wednesday little changed as record high remains in reach

By CNBCTV18.COM Jun 26, 2025 1:44 AM IST (Updated)

US Stock Market Highlights: The S&P 500 closed nearly flat on Wednesday (June 25) as investors waited to see whether the benchmark index could reclaim its all-time high. The index ended the day little changed, while the Nasdaq Composite rose 0.31%. The Dow Jones Industrial Average fell 106.59 points, or 0.25%. Nvidia shares climbed 4% after reaching a new 52-week high.

US Stock Market Highlights: The S&P 500 closed nearly flat on Wednesday (June 25) as investors waited to see whether the benchmark index could reclaim its all-time high. The index ended the day little changed, while the Nasdaq Composite rose 0.31%. The Dow Jones Industrial Average fell 106.59 points, or 0.25%. Nvidia shares climbed 4% after reaching a new 52-week high. Alphabet advanced 2%, and AMD gained 3%, contributing to the tech sector’s strength. The S&P 500 was less than 1% below 6,147.43, the intraday record set on February 19. It was also within reach of its closing all-time high of 6,144.15. On top of that, the Nasdaq was just over 1% off its peak reached in December.

Watch this space for all the live updates.

Canadian Prime Minister Justin Trudeau speaks during a news conference about the U.S. tariffs against Canada as Foreign Minister Melanie Joly, left, and Minister of Finance and Intergovernmental Affairs Dominic Leblanc listen, on Parliament Hill in Ottawa, March 4, 2025.

Trump said Wednesday that he believes Canada’s efforts to stop the flow of fentanyl are “not good enough.”

“Justin Trudeau, of Canada, called me to ask what could be done about Tariffs,” the president said in a post on Truth Social. “I told him that many people have died from Fentanyl that came through the Borders of Canada and Mexico, and nothing has convinced me that it has stopped. He said that it’s gotten better, but I said, ‘That’s not good enough.’ The call ended in a ‘somewhat’ friendly manner! He was unable to tell me when the Canadian Election is taking place, which made me curious, like, what’s going on here? I then realized he is trying to use this issue to stay in power. Good luck Justin!”

Canada has a parliamentary system of government, in which general election dates can vary, and the date of the next general election has not yet been set.

In a separate Truth Social post, Trump referred to the prime minister as “Governor” and said Trudeau’s policies are to blame for Trump’s criticisms of Canada.

“For anyone who is interested, I also told Governor Justin Trudeau of Canada that he largely caused the problems we have with them because of his Weak Border Policies, which allowed tremendous amounts of Fentanyl, and Illegal Aliens, to pour into the United States,” Trump said. “These Policies are responsible for the death of many people!”

— Sean Conlon