Wall Street warns against panic selling as US stocks enter summer lull

American stocks have staged a strong rebound from their spring lows following US President Donald Trump’s comments regarding new potential trade tariffs on foreign partners. The prevailing sentiment among Wall Street analysts is that the most challenging period for equities may be coming to an end, thus predicting more tranquil summer trading.

Jeff McClean, CEO of Solidarity Capital, suggests recent market volatility has subsided. In a Yahoo Finance interview, he advised investors to avoid overreacting to short-term price swings. He noted that the Federal Reserve’s ambiguous stance continues to cloud the outlook. Traders should wait for clearer signals on what the regulator will do next, McClean said. 

The S&P 500 index has surged roughly 20% since its April low, reflecting renewed market optimism. 

Will McGough, Deputy Chief Investment Officer at Prime Capital Financial, echoed this sentiment, pointing to stabilizing conditions—even the 10-year Treasury yield, a recent source of investor anxiety—has held steady within a 4–5% range.