Markets notched a solid gain over a shortened trading week as investors cheered ongoing diplomatic efforts in the Middle East. The Standard & Poor’s 500 Index rose 1.77 percent, while the Nasdaq Composite Index advanced 2.12 percent. The Dow Jones Industrial Average climbed 1.97 percent. The MSCI EAFE Index, which tracks developed overseas stock markets, gained 1.81 percent.1,2 Q2 Ends with FireworksStocks opened higher to start the week, climbing on weekend news regarding the U.S. and Iran.3 On the second day of trading, the rally narrowed with chip stocks leading the way. The Nasdaq rose more than 3.5 percent and the S&P 500 2 percent in the first two days of the week.4 But as July began, markets pivoted as investors rotated out of some AI and tech names. The Dow hit a new intraday high before pulling back a bit. The S&P 500 and Nasdaq declined, but a handful of megacap tech stocks with company-specific news rose, limiting the downside.5 On the last trading day of a shortened week, stocks initially rose after the June jobs report missed expectations, leading investors to readjust their interest rate expectations. However, as the session progressed, markets turned more mixed ahead of the holiday weekend.6 The Dow Industrials ended the week at a record high.7 |
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Source: YCharts.com, July 4, 2026. Weekly performance is measured from Friday, June 26 to Thursday, July 2. TR = total return for the index, which includes any dividends as well as any other cash distributions during the period. Treasury note yield is expressed in basis points. |
Job Market SlowsThe economy added 57,000 jobs last month, coming up short of the 115,000 economists expected. It was also short of the 129,000 jobs added in May.7 This Week: Key Economic DataMonday: PMI Composite. ISM Services Index. Three-Month Treasury Bill Auction. Tuesday: International Trade in Goods & Services. One-Year Treasury Bill Auction. Wednesday: EIA Petroleum Status Update. Ten-Year Treasury Note Auction. FOMC Minutes Released (June meeting). Consumer Credit. Thursday: Weekly Jobless Claims. Fed President speeches: John Williams (New York) and Lorie Logan (Dallas). Existing Home Sales. Fed Balance Sheet. Source: Investor’s Business Daily - Econoday economic calendar: July 2, 2026. This Week: Companies Reporting EarningsTuesday: PepsiCo, Inc. (PEP) Wednesday: Delta Air Lines, Inc. (DAL) Source: Zacks, July 2, 2026. Companies mentioned are for informational purposes only. It should not be considered a solicitation for the purchase or sale of the securities. Investing involves risks, and investment decisions should be based on your goals, time horizon, and risk tolerance. The return and principal value of investments will fluctuate as market conditions change. When sold, investments may be worth more or less than their original cost. Companies may reschedule their earnings reports without notice. |
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"For every man in the world functions to the best of his ability, and no one does less than his best, no matter what he may think about it." –John Steinbeck |
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Set a 15-Minute Timer for Tasks You're AvoidingProcrastinating on something? Set a timer for just 15 minutes and commit to starting, nothing more. More often than not, momentum takes over, and you'll keep going long after the timer ends. It's a surprisingly effective way to break through resistance and get things done. Tip adapted from Buzzfeed8 Citrus Fruits: Your Vitamin C PowerhouseOranges and strawberries may seem like simple staples, but these vitamin C-rich fruits are among the most nutritious foods you can add to your diet. Oranges bring fiber and antioxidants to the table, while strawberries deliver manganese and a naturally sweet flavor with minimal calories and carbs. Squeeze fresh orange juice into salad dressings for a bright, tangy kick, or macerate strawberries with a pinch of sugar to spoon over yogurt, pancakes, or even grilled chicken. Together or separately, these fruits make healthy eating feel anything but boring. Tip adapted from Healthline9 |
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I lack lungs, yet I constantly need oxygen; I have no mouth, but sufficient water will drown me. What am I? Last Week's Riddle: What has a foot on each side and yet another foot in its middle? Answer: A yardstick. |
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Sandhill Cranes (Antigone canadensis) Kearney, Nebraska, United States |
Footnotes And Sources1. WSJ.com, July 2, 2026 |
Investing involves risks, and investment decisions should be based on your own goals, time horizon, and tolerance for risk. The return and principal value of investments will fluctuate as market conditions change. When sold, investments may be worth more or less than their original cost.
The forecasts or forward-looking statements are based on assumptions, may not materialize, and are subject to revision without notice.
The market indexes discussed are unmanaged, and generally, considered representative of their respective markets. Index performance is not indicative of the past performance of a particular investment. Indexes do not incur management fees, costs, and expenses. Individuals cannot directly invest in unmanaged indexes. Past performance does not guarantee future results.
The Dow Jones Industrial Average is an unmanaged index that is generally considered representative of large-capitalization companies on the U.S. stock market. The Nasdaq Composite is an index of the common stocks and similar securities listed on the Nasdaq stock market and considered a broad indicator of the performance of stocks of technology and growth companies. The MSCI EAFE Index was created by Morgan Stanley Capital International (MSCI) and serves as a benchmark of the performance of major international equity markets, as represented by 21 major MSCI indexes from Europe, Australia, and Southeast Asia. The S&P 500 Composite Index is an unmanaged group of securities that are considered to be representative of the stock market in general.
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