How a Strong Dollar Could Put a Lid on the Stock Market

Jul 17, 2025
how-a-strong-dollar-could-put-a-lid-on-the-stock-market

July has so far been a solid month for the dollar.

The U.S. dollar index, which measures the value of the dollar against a basket of currencies, is up 1.9% this month.

That’s good news considering that the dollar has been falling for almost all of this year. But this gain comes with caveats: When the dollar gains, sales overseas made by S&P 500 companies are worth less.

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