The S&P 500 reached an all-time high driven by a positive U.S.-China trade deal, ceasefires in the Middle East, and improvements in the Congo-Rwanda conflict. However, President Trump's departure from Canadian trade talks on digital taxes introduces risks of a trade war, posing a slight chance of market disruption in July. Additionally, Jim Cramer labeled Robinhood as the 'safest' stock in trading, questioning its reliability in the face of possible market downturns, especially following its significant growth in 2024.
Robinhood, touted as the 'safest' trading platform, faces scrutiny over its reliability as a true safe haven during potential market volatility in July.
While the S&P 500 reached record highs due to positive developments, Trump's exit from trade negotiations raises the specter of a trade war.
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