With the first half of 2025 in the books, it must come as a surprise to many that the S&P 500 and NASDAQ are each up 5% year-to-date(as of last Friday).

Traders work on the floor of the New York Stock Exchange during morning trading on June 23, 2025. Michael M. Santiago/Getty Images
Commentary
With the first half of 2025 in the books, it must come as a surprise to many of the bears that the S&P 500 and NASDAQ are each up 5% year-to-date (as of last Friday), and both indexes hit new highs also as of last Friday.
Louis Navellier is chairman and founder of Navellier & Associates in Reno, Nevada, which manages approximately $1 billion in assets. One of Wall Street’s renowned growth investors, Navellier writes five investment newsletters focused on growth investing. In addition to appearing on Bloomberg, Fox News, and CNBC giving his market outlook and analysis, he has been featured in Barron’s, Forbes, Fortune, Investor’s Business Daily, Money, Smart Money, and The Wall Street Journal.