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Pre-Market Report – Tuesday 7 July: US Markets head higher - Dow over 53k - SPI up 3 - Quiet day ahead again

Published 6 days, 16 hours ago
Description

The S&P 500 gained 0.72% to end at 7,537.43, while the Nasdaq Composite advanced 1.12% to 26,121.16 as markets started a new trading week following Friday’s U.S. Independence Day holiday. The Dow Jones Industrial Average climbed 155.84 points, or 0.29%, for a record close of 53,055.91. The 30-stock index also posted an intraday record in the session.

Tech stocks rose broadly. The State Street Technology Select Sector SPDR ETF (XLK) added almost 2%, led by a 7% climb in Western Digital and a 2.8% jump in Teradyne. Marvell Technology rose more than 1%, and Oracle gained 2.5%.

SPI up 3 - Gold steady - Oil steady - US v Belgium

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