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Daily Wrap-Up: Quad Witch Lives | June 20, 2025

By March 28th, 2026General Articles2 min read

Yet again, the S&P 500 index futures lived up to their propensity to end the week on highs or lows. During this Quad Witch session, the index futures finished Friday near the lows, but notably stayed within its recent consolidation range around the 6000 area.

The overnight session began near the low of 5969.50, but Fed’s Waller sparked a flicker of hope with July rate cut potential, helping nudge bulls into action during premarket hours. This buzz, along with opening imbalance data, helped the bulls push the index futures to 6071 just before the regular session kicked off. In short, the premarket high held. Sellers pounced quickly, slashing gains and plunging the index futures towards the premarket low. However,  bulls managed to hold the psychological 6000 line.

The afternoon turned into a choppy tug-of-war, with the index futures wrestling above 6000. A late buying gasp left it at 6018, down 16.25 handles. For the shortened week, that makes for a loss of 14.74 handles or 0.24%.

Looking towards next week, traders can look for June’s flash PMI data, fedspeak, Advanced US trade balance, and May’s PCE index data among the headlines.

Among the index’s big shots, Apple Inc (NASDAQ: AAPL) powered up $4.42 (2.25%) to $201.00, making it the day’s biggest winner.

That trounced the cash index’s 0.23% dip by over two percent. 

Alphabet Inc (NASDAQ: GOOGL) tanked again, down $6.68 (3.85%) to close at $166.64, nabbing the day’s biggest loser title for the second straight session.