Stock Market Keeps on Giving – Why Investors Won’t Question This Record Rally
By all accounts, the stock market’s run in 2025 has been extraordinary. Major U.S. indexes continue to set record after record, seemingly without a breather. The S&P 500 and Nasdaq Composite have been climbing for months with remarkably low volatility. As of mid-October 2025, the S&P 500 is hovering near 6,750 – up roughly 18% year-to-date and almost 90% higher than its bear-market trough in October 2022reuters.comreuters.com. The Nasdaq has seen similarly stunning gains, rising about 20% in 2025 and more than 80% from its 2022 lows.