US stocks rise and recover some of their losses from a rare losing week
- On Tuesday, The Dow Jones Industrial Average gained 0.6% and the Nasdaq rose 1.3%, breaking a five-day losing streak as stocks recovered from recent losses.
- Samsung Electronics and Hynix announced a roughly $518 billion investment in a South Korea chipmaking hub, capitalizing on surging artificial-intelligence demand that has boosted technology stocks.
- Comcast jumped 9.8% after announcing plans to split off its NBCUniversal media business and Sky from broadband operations, reversing earlier losses of 17.3% for the year.
- High oil prices continue rattling investors despite market gains, with Brent crude climbing 1.1% as access to the Strait of Hormuz remains threatened by the ongoing war with Iran.
- SpaceX reached a valuation of more than $2 trillion after its first stock sale and will join the Nasdaq 100 index before trading begins July 7, forcing index funds to purchase shares.
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US stocks rise and recover some of their losses from a rare losing week - WXXV News 25
By STAN CHOE NEW YORK (AP) — U.S. stocks rose Monday and recovered some of their losses from a rare losing week. The S&P 500 climbed 1.2% and broke a five-day losing streak. It was coming off just its second losing week in the last 13. The Dow Jones Industrial Average added 306 points, or 0.6%, and the Nasdaq composite rallied 2.1%. Several stocks boosted by the artificial-intelligence boom rose after Samsung Electronics and SK Hynix said they…
Big Tech and Major Corporate Spin-Offs Propel Wall Street’s Sharp Rebound, Snapping S&P 500's Five-Day Slide
NEW YORK, NY – June 29, 2026 (STL.News) Big Tech — U.S. equities roared back to life on Monday, staging a powerful, broad-based rally that halted a multi-day slide and clawed back a significant portion of last week’s losses. Driven by aggressive institutional buying across mega-cap technology names, massive investments in global AI infrastructure, and landmark corporate restructuring announcements, the major indexes delivered their strongest sin…
Dollar Retreats as Stocks Rally
The dollar index (DXY00 ) on Monday fell by -0.26%. The dollar retreated as Monday's stock rally curbed liquidity demand for the dollar. However, losses in the dollar were limited as Monday's +2% jump in WTI crude oil prices has strengthened inflation expectations and could prompt the Fed to keep...
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