It only took three months for the U.S. stock market to return to its peak!

After experiencing volatility at the beginning of the year, the U.S. stock market has seen an exciting strong rebound. Both the S&P 500 and the Nasdaq Composite hit record highs just before the end of the first half of the year. The S&P 500 rebounded 28% from its April low amid tariff concerns.

The rebound from April 7 to June 27 was still led by tech stocks. This round of market favorites included but were not limited to: $Circle(CRCL.US), $Coreweave(CRWV.US), $Coinbase(COIN.US), $Broadcom(AVGO.US), $Palantir Tech(PLTR.US), $NVIDIA(NVDA.US), $AMD(AMD.US), $Taiwan Semiconductor(TSM.US), $Microsoft(MSFT.US), $Tesla(TSLA.US):

On April 7, Hotspot Jun once took everyone through the causes of the recovery time of the U.S. bear market in one chart. This round of the U.S. stock market took less than three months to return to its peak, setting the second-fastest recovery record in nearly 30 years, second only to the strong rebound after the 1998 Asian financial crisis!

The core drivers of this rebound mainly lie in policy stimulus, easing tariff risks, and accelerated technological revolution.

• Policy stimulus: On June 28, Trump's "big and beautiful" tax cut bill passed a procedural vote in the Senate. The bill extends the tax cuts from Trump's previous term while also reducing personal income tax and increasing personal income tax deductions. Tech giants, as the biggest beneficiaries, generally surged that night.
• Easing tariff risks: Trump is advancing tariff negotiations with other countries, and the market speculates that the original tariff negotiation deadline will be postponed to urge other countries to reach agreements quickly. This signal of possible delay was interpreted by the market as a cooling of tariff and trade war risks.
• Accelerated technological revolution: The AI revolution continues to sweep the globe, and the performance of the "Magnificent Seven" in this tech revolution is evident. The crypto market has also ushered in a new spring, with the stablecoin bill passing, indicating a gradual relaxation of regulation. These signals provide solid support for tech stocks and related U.S. stock valuations.

Faced with this U.S. stock rebound, will you press the advantage or take profits? Share your strategy in the comments.