Trading Rotation Kicks Off 2nd Half of 2025

Tuesday, July 1, 2025Markets were mixed on this first trading day of July, kicking off a holiday-shortened week. Off successive all-time closing highs on the S&P 500 and Nasdaq, both took a breather: -0.11% and -0.82%, respectively. The blue-chip Dow and small-cap Russell 2000, however, were able to catch up somewhat: +0.91% and +0.94%, respectively.This was about as clear-cut and regimented a rotation play as we are likely to see: on the first day of the second half of 2025 (2H25), tech stocks lagged after ...