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- Stock Market Live June 30: Successful Trade Deals and Hopes for More Power S&P 500 (VOO) Higher</p>
<p>Joel SouthJune 30, 2025 at 10:23 PM</p>
<p>This article will be throughout the day, so check back often for more daily updates.</p>
<p>The Vanguard S&P 500 ETF (NYSEMKT: VOO) hit an all-time high of 566.95 Friday -- a remarkable turnaround after tumbling 18% in April on President Trump's announcement of global "reciprocal" tariffs. Investors are looking for the ETF to rack up even more gains today as the index it tracks keeps rising.</p>
<p>Trade deal hopes are key to the market's rebound. A new trade deal with the United Kingdom goes into effect today, maintaining the new 10% base tariff on UK goods imported into the U.S., but lowering tariffs on certain products. Canada announced yesterday it will remove a digital services tax on U.S. tech giants, which could open the door to a broader agreement. And the White House says it's busy working on trade deals with the European Union, Taiwan, Japan, India, and Canada.</p>
<p>Pre-market, the Voo is already up another 0.4% from Friday's close.</p>
<p>Analyst Calls</p>
<p>Jefferies upgraded shares of S&P 500 component company Walt Disney (NYSE: DIS) to buy this morning with a $144 price target. The banker sees limited risk of a Parks slowdown this year, and more positive upside in the company's Cruise business next year, as well as the chance for profit margin improvement.</p>
<p>Oracle (NYSE: ORCL) is a second S&P 500 component getting an upgrade. Investment bank Stifel upgrades to buy with a $250 price target, citing "the recent dramatic step-up in capex and ... Cloud gains [that] coupled with a greater emphasis on physical infrastructure rather than people to generate new business, should enable revenue to grow meaningfully faster than opex in coming years."</p>
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<p>The post Stock Market Live June 30: Successful Trade Deals and Hopes for More Power S&P 500 (VOO) Higher appeared first on 24/7 Wall St..</p>
Source: AOL Money
Source: AsherMag
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