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Rivian stock soared again Monday after J.P. Morgan boosted its price target for the EV maker’s shares. The problem: Rivian’s recent hot streak has taken the stock beyond what J.P. Morgan and the rest of Wall Street think it is actually worth. The move came after analyst Rajat Gupta raised his price target to $15 per share from $9 per share, following Rivian’s recent delivery report.
(Updates with index/price moves and company/geopolitical news from the first paragraph.) US equit
Dow hits a record high as investors rotate to defensive plays, spotlighting utility funds BULIX, FKUTX and FIUIX after strong recent performance.
A reignited chip stock rally is driving the Nasdaq and S&P 500 higher. The Nasdaq is up 1% while the S&P 500 has gained 0.6%. The chip stock rally marks a bounce from last week’s losses with some of the semiconductor names that were under pressure driving today's gains.
U.S. Stock Futures Mostly Flat to Start a New Week.
Wall Street returned from the long weekend ready to buy the dip in chip stocks. The Nasdaq was up 0.9%. After opening higher, the Dow was down 190 points, or 0.3%. The S&P 500 was up 0.4%. The iShares Semiconductor ETF, which was battered late in the holiday-shortened week, was rallying back again.
July 6 (Reuters) - Wall Street's main indexes opened higher on Monday, extending last week's rally as chip stocks rebounded, while investors looked ahead to central bank minutes and the start of the
Zacks highlights PDF Solutions, LifeStance Health and Paychex among stocks and portfolios that outperformed as markets weighed softer jobs data and earnings.
Stock Market Today: The Dow Jones index fell Monday, while tech futures rallied. Micron stock and Sandisk rebounded in premarket trading.
SpaceX had a busy holiday weekend, working on its Starlink space-based broadband business and revealing some of its AI plans. SpaceX stock rose 0.9% to $163.37 in premarket trading, while and futures were up 0.5% and down 0.1%, respectively. The moves came after SpaceX posted a new video to its website detailing plans for a new “Starmind” satellite constellation.
The pace of expansion is one reason Tesla stock has fallen about 13% this year heading into Monday. Investors appear to be waiting for Tesla’s artificial intelligence efforts to yield material sales and earnings.
News of the day for July 6, 2026
Investing.com - U.S. stock index futures edged higher on Monday as investors returned from a long holiday weekend, with technology shares leading gains.
By Wayne Cole and Harry Robertson SYDNEY/LONDON, July 6 (Reuters) - U.S. futures ticked higher and European stocks traded near record highs on Monday as the potential for increased energy supplies
US equity futures were mostly higher pre-bell Monday as chip stocks rose after losing momentum in th
US stocks are predicted to see a mixed start on Monday, with investors rotating back into technology shares after a softer-than-expected jobs report last week eased concerns that the Federal Reserve could raise interest rates again. Nasdaq futures were 1.1% higher ahead of the first trading...
The pace of expansion is one reason Tesla stock has fallen about 13% this year heading into Monday. Investors appear to be waiting for Tesla’s artificial intelligence efforts to yield material sales and earnings.
Wall Street futures pointed moderately north pre-bell Monday, as traders showed interest in tech iss
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US equity investors will focus this week on the Federal Reserve's latest meeting minutes, while keep
July 6 (Reuters) - Wall Street futures rose on Monday as chip stocks stabilized after recent weakness, while a fall in oil prices helped extend a rally that lifted the main U.S. indexes the previous
U.S. stock futures looked set to open in the green early Monday, with the technology sector driving the gains. Corporate news is set to dominate the headlines in a light week for economic data, with the exception of Wednesday’s release of the Federal Reserve's minutes from its June monetary-policy meeting. Dow Jones Industrial Average futures were up 45 points, or 0.1%.
