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Resurgent tech stocks helped lift the Dow to a fresh record Monday as oil prices advanced and the yen retreated to a 40-year low against the dollar.The Dow climbed 0.6 percent to a fresh record, while the tech-focused Nasdaq jumped more than two percent.
US equity indexes were higher on Monday after the US and Iran paused hostilities, followed by gains
The Dow finally closed above the 52,000 the same day its newest member joined a rally in Big Tech and chip stocks. Alphabet, which replaced Verizon in the Dow this week, led the index. “This month has been VERY volatile — some of the swings have been outright historic, and in the moment, honestly a bit unsettling,” writes Mizuho’s Daniel O’Regan.
AST SpaceMobile shares surged after the company confirmed its newest satellites are alive and well in orbit.
Joining the Nasdaq-100 is undoubtedly a bullish catalyst.
The S&P 500 and Nasdaq could snap their losing streaks, but it may come at the cost of some recent broadening. The S&P 500 was up 0.8%, but only 185 stocks in the index were rising. The Nasdaq was up 1.4%.
Housebuilders fell after weak mortgage approval figures.
(Updates with index/price moves and geopolitical news from the first paragraph.) US equity indexe
Monetary Matters Network Co-Founder Jack Farley and AInvest Managing Editor Adam Shapiro join Julie Hyman on Morning Brief to discuss the market's rotation into mid-cap and small-cap stocks, highlighting which sectors are benefiting most.
US stocks (^DJI, ^IXIC, ^GSPC) are showing its first signs of recovery since last week's tech-wide sell-off. Great Hill Capital chairman Thomas Hayes explains to Yahoo Finance Executive Editor Brian Sozzi why he is calling AI as being part of the "Back to the Future" trade as investors begin to shrug off more geopolitical headlines centered around oil price and Iran.
Wall Street took the easing of tensions in the Middle East as a green light to buy the dip in technology stocks to start the holiday-shortened week. The Dow rose 324 points, or 0.6%. The S&P 500 was up 0.
June 29 (Reuters) - Wall Street's main indexes opened higher on Monday as easing tensions in the Middle East lifted sentiment following days of hostilities between the U.S. and Iran.
The Nasdaq recorded its fifth straight day of losses on Friday, while the S&P 500 ended marginally lower, with AI-related chip stocks taking a hit, as investors rotated out of major tech stocks and took refuge in defensive assets.
U. S. stock index futures pointed to a stronger start on Monday, with technology shares expected to drive early gains after last week’s broad sell-off.
News of the day for June 29, 2026
Stock Market Today: The Dow Jones index rose Monday on U.S.-Iran news. SpaceX stock rallied on its addition to the Nasdaq-100 index.
The stock market is broadening beyond tech as investors look for new market leadership into the summer months and over the back half of the year. Healthcare, industrials, and financials are the market’s three leading sectors over the past month as investors execute a quiet rotation out of tech and artificial intelligence names.
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