Between June 12 and July 22, 2025, the US stock market experienced fluctuating performance across major indices. The S&P 500 ETF Trust (SPY) showed a mix of gains and losses, with declines notable on June 13 (-0.87%) and July 11 (-0.49%), and gains such as on June 24 (+0.69%) and July 21 (+0.21%). The Nasdaq-100 ETF Trust (QQQ) similarly oscillated, dropping as much as -1.13% on June 13 and rising by +0.99% on June 24. The Dow Jones Industrial Average ETF (DJI) saw declines including -1.16% on June 13 and -0.60% on July 11, but also recorded gains such as +0.63% on June 24 and +0.50% on June 30. The Russell 2000 ETF (IWM) exhibited more volatility, with a low of -1.42% on June 13 and multiple gains including +0.67% on June 20 and +0.56% on July 21. On July 22, the market opened mixed, with SPY, QQQ, and DJI largely unchanged, while IWM posted a modest gain of +0.12%. Overall, the period was characterized by alternating positive and negative daily movements across these key ETFs, reflecting a cautious market environment.