Stocks Close Out The First Half At Record Highs… And China’s Declining Data 6/30/25

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.3 • 1.2K Ratings

🗓️ 30 June 2025

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

The first half of the year is in the books, and stocks closed it out touching fresh record highs. But can the climb continue in the back half? Where RBC’s Lori Calvasina sees the market heading next. Plus Oracle’s next move after the company announces some cloud deals, and a check on the China trade after the country’s manufacturing data shrinks for a 3rd straight month. Fast Money Disclaimer

Transcript

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0:00.0	Life in the NASAC markets,
0:03.0	even the heart of New York City's Times Square.
0:05.2	This is fast money.
0:06.2	Here's what's on top tonight.
0:07.6	Q2 in the books and what a quarter it has been.
0:10.2	But with markets at record highs,
0:11.5	can the gains keep coming?
0:12.9	In the second half of the year,
0:14.0	we'll get your playbook for the third quarter and beyond.
0:16.5	And Oracle Rising shares at the software company
0:18.7	hitting another all-time high on the back of a massive
0:20.9	cloud deal. One top analyst says the run may have come too far. We'll find out why. Plus Home Depot
0:26.6	wins a building product bidding war. Robin Hood hits a record on the Riviera and the WNBA is coming
0:32.4	to three new cities, the details on the expansion and what it means for the league. I'm Melissa Lee. Home to you live in studio, B, at the NASDAQ, on the desk tonight.
0:39.6	Tim Seymour, Karen Feinerman, Dan Nathan, and Lori Calvesina,
0:42.8	head of U.S. Equity Strategy at RBC.
0:44.9	Welcome, Lori.
0:45.9	We start off with a record end to a very volatile quarter on Wall Street
0:49.0	after dropping almost 15% in the first five trading days of Q2. The NASAC closed today at its second record in a row.
0:56.3	It ended the quarter with a nearly 18% gain. That is its best since 2020. The SB also
1:02.0	setting a record today. It is up over 10% in Q2, while the Dow closed just 2% off its best
1:07.7	ever levels. Maybe not surprisingly, tech and communication services were the biggest winners for the quarter.
	...

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