The S&P 500 and Nasdaq scored more record highs, while the Dow jumped above 44,000
Stocks finished the first half of the year on a high note, with both the S&P 500 and Nasdaq notching record highs. The latter also marked a sixth-straight gain, while the Dow jumped 275 points for its third consecutive win, breaking above the psychologically significant 44,000 level for the first time since February.
All three major indexes finished higher for the month and quarter as well. Notably, the Dow logged its best month since January, the S&P 500 scored its largest quarterly percentage gain since December 2023, and the Nasdaq secured its biggest quarterly win since June 2020.
Continue reading for more on today's market, including:
5 Things to Know Today
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Robinhood (HOOD) stock hit record highs after the trading platform launched U.S. stock and ETF tokens for customers in the European Union (EU). (
MarketWatch)
- Indian officials will extend their stay in Washington to reach a trade agreement. (Reuters)
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Two tech stocks surging after
DoJ lawsuit is put to rest.
- Walt Disney stock jumped to two-year highs after an upgrade.
- Software name marked a fresh all-time high amid cloud deal.
There were no earnings of note today.
Gold Rises for 2nd Quarter
Oil prices slipped on Monday, fresh off their worst weekly pullback since March 2023. August-dated West Texas Intermediate (WTI) crude dropped 41 cents, or 0.63%, to settle at $65.11 a barrel. Oil finished June with a 3.2% monthly rise, but dropped around 8% for the quarter.
On the back of a weakening U.S. dollar, gold futures were last seen 0.9% higher at $3,317,60. Bullion slipped 2.5% in the month of June, but still posted a second consecutive quarterly rise, up 5.1%.