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Dow Hits Record as Tech Starts Week Strong
The Wall Street Journal51d agoneutral
Dow Hits Record as Tech Starts Week Strong

The Dow Jones Industrial Average topped 52000 for the first time on Monday, highlighting investors’ increasing demand for stocks at the heart of the American economy. One major contributor was Alphabet which rose 4.8% to lead gains on the Google-parent’s first day as one of the blue-chip index’s 30 components.

Wall Street ends higher as major tech-related shares jump
Reuters Videos51d agobullishVIDEO
Wall Street ends higher as major tech-related shares jump

<body><p>STORY: Wall Street's main indexes closed higher on Monday, with the Dow adding about six-tenths of a percent to notch a record closing high, the S&P 500 climbing nearly 1.2% and the Nasdaq gaining 2%.</p><p>Several tech stocks that had fallen recently due to concerns about AI spending rebounded on Monday.&nbsp;</p><p>That and quarter-end "window dressing," where investors buy certain stocks to make their portfolios look better, helped boost the market, says Bob Lang, founder and chief options analyst of Explosive Options.</p><p>“I think what's driving stocks today is here we are at the end of the month, end of the quarter, and there's a lot of, you know, they call it window dressing going on here. There's a lot of funds that are needing to get into some stocks and getting out of others. The last week and a half, we've had a really good broad rally in this market, not just technology stocks, which some of the big names have fallen off the cliff a little bit, the Mag 7 names. But they are pulling back up today on the 29th. And I think that, you know, there's some, there's some good energy here in the markets.”</p><p>Among those Magnificent 7 names that rose on Monday: Google parent Alphabet, which gained about 5% in its first day as a Dow component.&nbsp;</p><p>Shares of SpaceX jumped more than 7% after the Nasdaq said the newly listed company will be added to the Nasdaq 100 index on July 7.</p><p>And shares of Comcast rose about 4.5% after the media and cable provider said it plans to separate into two independent, publicly traded companies through a spinoff of NBCUniversal and Sky.</p><p>Meanwhile, RBC Capital Markets on Monday raised its 12-month target for the S&P 500 to 8,150 from 7,900, citing earnings strength and a supportive macroeconomic backdrop.</p></body>

Here Are Tuesday’s Best Wall Street Analyst Research Calls:
24/7 Wall St.51d agoneutral
Here Are Tuesday’s Best Wall Street Analyst Research Calls:

Pre-Market Stock Futures: Futures are trading flat after a big start to the holiday-shortened trading week, which saw every index trade higher. The small-cap Russell 2000 eked out a tiny gain on the close, finishing up 0.01% at $3010, and still leads all the major indices in 2026, up over 20%. The tech-heavy Nasdaq ... Here Are Tuesday’s Best Wall Street Analyst Research Calls:

Dow Finally Tops 52,000 With Some Help From Its Newest Member
Barrons.com51d agobullish
Dow Finally Tops 52,000 With Some Help From Its Newest Member

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.