S&P 500 Nears Record and Tesla Stock Rebounds

Stocks are climbing overall in the United States, but new inflation reports could affect stock prices later this week.

Written by: Timothy St. John • Tuesday, June 10, 2025 • 2 min read

• Last updated: Tuesday, June 10, 2025

Stocks were up Monday and could climb higher Tuesday ahead of new inflation reports.

Quick overview

The S&P 500 is nearing its record high, currently about 3% away, with a potential to reach it later this week.
Tesla's stock rebounded by 2.43% on Monday after a recent decline, though its future performance remains uncertain due to various challenges.
The stock market has shown consistent gains over the past two weeks, with the Nasdaq Composite up by 0.31% and the Dow Jones remaining flat.
Upcoming consumer and producer price index reports could provide insights into inflation and the impact of trade disputes on the economy.

As the stock market ticked upward on Monday, the S&P 500 closed in on its record high. Meanwhile Tesla (TSLA) bounced back from its recent low to gain 2.43% on Monday.

The S&P 500 is preparing to break a record as it passes 6,000.

The S&P 500 held its gains on Monday and is still about 3% off its record high. That means that the index could hit that high later this week or early next week if the current market trends continue. The stock market indices have closed high for two consecutive weeks now and have kept their gains.

Tesla has proven to be a volatile stock this month, and after falling on Friday, it has gained more than 2% this week so far in an unlikely turnaround. How long that will last is hard to say, but investors should not expect the stock to progress steadily higher for now. There is too much weighing Tesla stock down at the moment, including negative consumer opinion, political outrage, and poor sales.

This Week Could Be Marginally Bullish

We may see the stock market notch another gain this week by the time Friday rolls around. With a healthy start, the market indices are showing that they can hold onto the gains they have made recently. The Dow Jones is staying flat with no difference between Friday and Monday. The Nasdaq Composite is up by 0.31%. As long as these indices stay positive, there is a good chance they can swing bullish this week and record another consecutive win.

The S&P 500 is the big winner so far, with this index climbing past 6,000 for the first time in about four months. This indicates that investors are not very worried about tariffs and the ongoing trade war, and it shows that the economy is fairly healthy at the moment.

All of that could change if President Donald Trump decides to initiate further trade disputes. Investors have the consumer price index and the producer price index reports to look forward to this week, coming in Wednesday and Friday, respectively. What these reports will indicate is how much inflation has been affected by recent tariffs and if all the concern over Trump’s trade wars has been justified.

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ABOUT THE AUTHOR See More

Timothy St. John

Financial Writer - European & US Desks

Timothy St John is a seasoned financial analyst and writer, catering to the dynamic landscapes of the US and European markets. Boasting over a decade of extensive freelance writing experience, he has made significant contributions to reputable platforms such as Yahoo!Finance, business.com: Expert Business Advice, Tips, and Resources - Business.com, and numerous others. Timothy's expertise lies in in-depth research and comprehensive coverage of stock and cryptocurrency movements, coupled with a keen understanding of the economic factors influencing currency dynamics. Timothy majored in English at East Tennessee State University, and you can find him on LinkedIn.