The Dow reversed its midday losses, finishing modestly higher alongside the S&P 500 and Nasdaq, with all three indexes extending Friday's weekly win. U.S.-China trade talks remained in focus after kicking off in London today, giving the semiconductor sector a boost from hopeful investors, though details have yet to be released. Looking at the rest of this week, inflation data will take the stage on Wednesday and Thursday.
Continue reading for more on today's market, including:
- 2 space exploration stocks soaring today.
- Options traders targeted Apple stock ahead of WWDC.
- Plus, Warner Bros.' split; IonQ's acquisition; and HOOD rejected from S&P 500.
5 Things to Know Today
- Amazon (AMZN) announced today that it plans to invest $20 billion in Pennsylvania to expand its data center infrastructure. (Reuters)
- A timeline of the Los Angeles anti-ICE protests and National Guard deployment. (The New York Times)
- Warner Bros splitting into two publicly traded companies.
- Quantum computing name IonQ announces billion-dollar acquisition.
- Robinhood stock denied S&P 500 entry.
There were no earnings reports of note today.
Oil, Gold Extend Weekly Wins
Oil prices climbed today following their first weekly gain in three weeks. July-dated West Texas Intermediate (WTI) crude rose 59 cents, or 0.9%, to settle at $65.17 per barrel.
Gold inched higher as well. August-dated gold futures added 0.3% to settled at $3,355.60 per ounce.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
