Stocks Secure Massive Wins Across the Board

All three major indexes nabbed daily, weekly, monthly, and quarterly wins

Deputy Editor
Jun 30, 2023 at 4:26 PM
facebook X logo linkedin


Today's inflation data helped Wall Street close out the day, week, month, and --last but not least -- quarter with a bang. The Dow added 285 points today, securing its third consecutive quarterly win and best monthly gain since November. The S&P 500 and Nasdaq both inked their fourth-straight monthly pop, the former's best month since November and the latter's best since January. Elsewhere, the Cboe Volatility Index (VIX) marked its third quarterly dip in a row.

It was also a big first half of the year for Wall Street. The Nasdaq vastly outperformed, surging nearly 32% for its best first half since 1983. The S&P 500 popped 16% for its best first two-quarter performance since 2019, while the Dow turned in a more modest first-half gain.

Continue reading for more on today's market, including:

  • Podcast: How options traders can protect their investments.
  • What headlines fell under the radar on Wall Street this week?
  • Plus, Nike's earnings miss; Apple's new peak; and STZ's forecast.

closing summary june30

nyse nasdaq june30

5 Things to Know Today

  1. The U.S. Supreme Court officially blocked President Joe Biden's student loan relief program. (CNBC)
  2. Data shows the U.S. economy could post a quicker-than-expected gain for the second quarter. (MarketWatch)
  3. Nike stock sits out rally after earnings miss.
  4. Apple stock scored a new peak.
  5. Beverage giant reaffirmed forecast.

earningsjune30new

UVOL June30

Gold, Oil Post Notable Quarterly Losses

August-dated crude added 78 cents, or 1.1%, to close at $70.64 per barrel for the day and settled 3.8% higher in June, buoyed by OPEC's latest deal and voluntary production cuts. However, oil prices slid 6.7% for the quarter, the fourth-straight such loss. 

Gold futures also settled higher today, besting a three-day losings streak after August-dated gold shed $11.50, or 0.6%, to close at $1,929.40 an ounce. Meanwhile, bullion posted a modest weekly loss, alongside bigger monthly and quarterly dips.

 

Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

Start targeting gains like the ones our subscribers have seen recently, including:

213.3% GAIN on AutoNation calls
100.0% GAIN on Monster Beverage calls
100.4% GAIN on Walgreens Boots Alliance puts
100.4% GAIN on ON Semiconductor calls
257.7% GAIN on Dell calls

101.0% GAIN on Apollo Global Management calls
103.6% GAIN on JP Morgan  Chase calls
105.3% GAIN on DraftKings calls
101.3% GAIN on Airbnb calls
203.0% GAIN on Shopify calls
102.0% GAIN on Cboe Global Markets calls
100.9% GAIN on Boeing calls
102.1% GAIN on Microsoft puts
102.3% GAIN on First Solar calls
101.5% GAIN on PulteGroup calls
101.0% GAIN on Apple calls
209.4% GAIN on NXP Semiconductors calls
100.8% GAIN on Uber Technologies calls
100.4% GAIN on Academy Sports and Outdoors puts
102.2% GAIN on Trade Desk calls
100.8% GAIN on DoorDash calls
100.0% GAIN on Camping World Holdings puts
100.0% GAIN on Cboe Global Markets calls
100.2% GAIN on C3.ai calls
238.5% GAIN on Oracle calls

 
 
 


 
 

Rainmaker Ads CGI