In the first half of 2025, the U.S. stock market showed overall strength amid significant volatility. The S&P 500 rose by 5.5%, while the Nasdaq Composite gained 5.48%, hitting a record high. Tech stocks rebounded after an initial decline, policy uncertainties, and a speculative frenzy in the options market emerged as defining features, setting the stage for potential shifts in the latter half of the year.Market Performance: Tech Stocks Stage a ComebackIn the first quarter, tech stocks faced a sharp correction, compounded by the Trump administration’s sudden announcement of tariffs on Canada and Vietnam, which triggered a surge in risk aversion. By April, the S&P 500 had plummeted nearly 19%, teetering on the edge of a bear market. Tech stocks were at the epicenter of the volatilit