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Daily Wrap-Up: Melting Up | June 26, 2025

By March 28th, 2026General Articles2 min read

Thursday’s S&P 500 index futures session saw bulls reignite their rally, locking in a four-day win streak.

Once again, the low of 6141.25 was put in early in the overnight session, and bulls steadily built momentum until hitting a wall around 6170. May’s durable goods orders beat expectations at 8:30 AM ET, while Q1 GDP adjustment fell short, sparking some downside volatility that dip-buyers quickly mopped up.

The regular session opened just below the premarket high, and once bulls broke through, they unleashed a relentless bid that powered the day. The rally eased in the final two hours as profit-takers stepped in, but a late buying surge pushed the index to a 6200 peak, a level unseen since February. The close came just below that level at 6195 with a 48-handle gain.

Tomorrow, market participants can look forward to May’s PCE index at 8:30 AM ET, and no notable earnings.

Meta Platforms Inc (NASDAQ: META) led the charge among top components, gaining $17.41, or 2.46%, to $726.09

That outpaced the cash index’s 0.78% rise by over three times.

Conversely, Tesla Inc (NASDAQ: TSLA) took its third straight hit, slipping $1.77, or 0.54%, to $325.78, dragging its heels as the day’s biggest loser.