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Asian stocks unable to track Wall St higher, yen holds at 40-year low
AFP47d agoneutral
Asian stocks unable to track Wall St higher, yen holds at 40-year low

Asian equities fluctuated Tuesday as investors struggled to build on a record day on Wall Street, where tech firms bounced after the hefty selling of the past two weeks, while the yen held around a four-decade low against the dollar."After last week's record selling in big tech, buyers returned to the same names they were throwing overboard only days earlier," said SPI Asset Management's Stephen Innes.

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Pinterest (PINS) Stock Trades Up, Here Is Why
StockStory47d agoneutral
Pinterest (PINS) Stock Trades Up, Here Is Why

Shares of social commerce platform Pinterest (NYSE: PINS) jumped 4.4% in the afternoon session after signs of renewed diplomatic talks between the U.S. and Iran boosted investor sentiment. The broader market saw a significant uplift, as the S&P 500 attempted to break a five-day losing streak after a rare losing week. The Dow Jones Industrial Average and the tech-heavy Nasdaq composite also posted gains. This widespread optimism often creates a 'risk-on' environment, where investors are more will

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Review & Preview: 52,000
Barrons.com47d agoneutral
Review & Preview: 52,000

After months of waiting, the Supreme Court finally issued a ruling on Monday that rejected Trump’s bid to fire a sitting member of the Federal Reserve. The decision, which was widely expected, didn’t move markets much. The Nasdaq Composite Index closed up 2.1%.

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Dow Hits Record as Tech Starts Week Strong
The Wall Street Journal47d agoneutral
Dow Hits Record as Tech Starts Week Strong

The Dow Jones Industrial Average topped 52000 for the first time on Monday, highlighting investors’ increasing demand for stocks at the heart of the American economy. One major contributor was Alphabet which rose 4.8% to lead gains on the Google-parent’s first day as one of the blue-chip index’s 30 components.

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Wall Street ends higher as major tech-related shares jump
Reuters Videos47d agobullishVIDEO
Wall Street ends higher as major tech-related shares jump

<body><p>STORY: Wall Street's main indexes closed higher on Monday, with the Dow adding about six-tenths of a percent to notch a record closing high, the S&P 500 climbing nearly 1.2% and the Nasdaq gaining 2%.</p><p>Several tech stocks that had fallen recently due to concerns about AI spending rebounded on Monday.&nbsp;</p><p>That and quarter-end "window dressing," where investors buy certain stocks to make their portfolios look better, helped boost the market, says Bob Lang, founder and chief options analyst of Explosive Options.</p><p>“I think what's driving stocks today is here we are at the end of the month, end of the quarter, and there's a lot of, you know, they call it window dressing going on here. There's a lot of funds that are needing to get into some stocks and getting out of others. The last week and a half, we've had a really good broad rally in this market, not just technology stocks, which some of the big names have fallen off the cliff a little bit, the Mag 7 names. But they are pulling back up today on the 29th. And I think that, you know, there's some, there's some good energy here in the markets.”</p><p>Among those Magnificent 7 names that rose on Monday: Google parent Alphabet, which gained about 5% in its first day as a Dow component.&nbsp;</p><p>Shares of SpaceX jumped more than 7% after the Nasdaq said the newly listed company will be added to the Nasdaq 100 index on July 7.</p><p>And shares of Comcast rose about 4.5% after the media and cable provider said it plans to separate into two independent, publicly traded companies through a spinoff of NBCUniversal and Sky.</p><p>Meanwhile, RBC Capital Markets on Monday raised its 12-month target for the S&P 500 to 8,150 from 7,900, citing earnings strength and a supportive macroeconomic backdrop.</p></body>

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Here Are Tuesday’s Best Wall Street Analyst Research Calls:
24/7 Wall St.47d agoneutral
Here Are Tuesday’s Best Wall Street Analyst Research Calls:

Pre-Market Stock Futures: Futures are trading flat after a big start to the holiday-shortened trading week, which saw every index trade higher. The small-cap Russell 2000 eked out a tiny gain on the close, finishing up 0.01% at $3010, and still leads all the major indices in 2026, up over 20%. The tech-heavy Nasdaq ... Here Are Tuesday’s Best Wall Street Analyst Research Calls:

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