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S&P 500 and Nasdaq on Track for Best Quarter Since 2020 on AI Momentum

The S&P 500 and Nasdaq are on track for their best quarterly performances since 2020, with strong gains through the final trading day of June locking in double-digit returns for the second quarter of 2026. The milestone marks the strongest quarterly showing for both …

Vinay Lochav | 30 June 2026

Dow Jones Posts Best First-Half Performance in Years, Closes Near 52,000

The Dow Jones Industrial Average posted its strongest first-half performance in years, with solid gains through June 30, 2026 contributing to a notable overall advance for the blue-chip index. The Dow has recently closed near or above the 52,000 level, a milestone that underscores …

Vinay Lochav | 30 June 2026

Small-Cap Stocks Post Best First Half in 35 Years as AI Trade Broadens

Small-cap stocks have posted their best first-half performance in 35 years, with the Russell 2000 index outperforming large-cap benchmarks over the recent stretch leading into the end of June 2026. The milestone marks a significant shift in market breadth after a long period of …

Vinay Lochav | 30 June 2026

Tech Stock Recovery Continues on June 30 as Chip and AI Names Rebound

Technology stocks continued their recovery on June 30, 2026, with the Nasdaq leading gains among the major US indexes as chip and AI-related names extended a rebound from recent weakness. The session's strength helped support a broader growth-oriented narrative heading into the close of …

Vinay Lochav | 30 June 2026

Quarter-End Positioning and Geopolitical Easing Support US Markets

US equity advances on June 30, 2026 reflect a combination of quarter-end portfolio positioning and genuinely positive investor sentiment, according to today's market commentary. Window-dressing activity, where institutional investors adjust holdings ahead of quarterly reporting, often contributes modestly to price action on the final …

Vinay Lochav | 30 June 2026

Oil Prices Continue to Ease on US-Iran De-escalation Talks

Oil prices have continued to ease as diplomatic talks between the United States and Iran show ongoing progress, according to today's market commentary. The continued de-escalation has provided a meaningful tailwind for energy markets, helping calm earlier concerns about potential supply disruptions tied to …

Vinay Lochav | 30 June 2026

US Consumer Confidence Inched Up in June 2026 on Easing Gas Prices

US consumer confidence inched up in June 2026, according to data from the Conference Board referenced in today's economic commentary. The modest improvement aligns with recent declines in gasoline prices, which have helped ease pressure on household budgets in recent weeks.

Vinay Lochav | 30 June 2026

Cleveland Fed Inflation Nowcast Shows Core Price Pressures Still Elevated

The Federal Reserve Bank of Cleveland's latest inflation nowcast, released today, shows ongoing price pressures across the economy, with core inflation measures remaining elevated. The nowcast tool provides economists and policymakers with a real-time estimate of inflation trends ahead of official government data releases.

Vinay Lochav | 30 June 2026

National Housing Market Cooling Persists Despite Slight April Uptick

The national housing market continues to show signs of persistent cooling, even as today's Case-Shiller release showed a slight uptick in annual home price growth to 0.8%. The reading remains near three-year lows, reflecting a market still working through the effects of an extended …

Vinay Lochav | 30 June 2026

Chicago PMI Falls to 56.7 in June 2026, Pulling Back From May's Surge

The Chicago Business Barometer, also known as the Chicago PMI, fell to 56.7 in June 2026, down sharply from 62.7 in May, according to data released this morning at 9:45 AM ET. Despite the steep six-point decline, the reading still beat the roughly 55.4 …

Vinay Lochav | 30 June 2026
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