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Here’s what’s happening in the stock market today:
The stock market is showing modest gains today as Wall Street futures rise after a strong week led by chip stocks, with tech-heavy Nasdaq outperforming and the S&P 500 edging higher. 📈🚀 Futures tied to the Nasdaq 100 surged 1.12%, S&P 500 climbed 0.57%, while Dow fell 0.17% on cyclical rotation. Chip stocks rebounded after the recent tech selloff, with AMD and Nvidia gaining on an improved outlook. McDonald's popped 4% on signs of consumer strength. Gold traded near $3,146, oil hovered around $69–70 per barrel, and the 10-year Treasury yield stood at 4.44%. Investors are looking ahead to earnings season for early signs of whether Wall Street's rally can continue. 🛢️💰
Major Indices Performance (July 3 Close) 📊
S&P 500 rose 0.57%, closing at 7,525.97 (+42.73 pts), building on its best quarter since 2020.
Dow Jones Industrial Average fell 0.17%, closing at 52,809.58 (-90.49 pts), as cyclical rotation weighed on the index.
Nasdaq Composite surged 1.12%, closing at 26,122.02 (+289.35 pts), with chip stocks leading the tech rebound.
Market Movers 🚀
Chip stocks rebounded after the recent tech selloff, with AMD and Nvidia gaining on an improved outlook.
McDonald's jumped 4% on signs of resilient consumer spending, leading gains in the food sector.
Tech megacaps including Nvidia, Microsoft, and Apple came under pressure early before recovering.
Gold traded near $3,146 while oil held around $69–70 per barrel as Middle East tensions eased.
Key Events Driving the Market 🗞️
Wall Street extended its strong week as chip stocks powered a rebound following the recent tech selloff.
Investors are turning their attention to earnings season for clues about the durability of the market rally.
Concerns about elevated tech valuations remain amid trillion-dollar market swings and increased volatility.
Markets continue to watch inflation and upcoming economic data for clues on the Federal Reserve's next policy move.
Easing Middle East tensions have provided some support for investor confidence at the start of the second half of the year.
Investor Sentiment 👀
Overall, sentiment remains cautiously optimistic as the rebound in chip stocks and broader technology shares offsets weakness in the Dow. Investors remain focused on earnings season and economic data for confirmation that the market rally can continue. 🐂⚖️
The Lithium Boom is Heating Up
Lithium stock prices have more than doubled in the past year in response to ballooning costs and shortages. $ALB climbed 185%. $SQM, 133%.
This $1B unicorn’s patented technology can recover up to 3X more lithium than traditional methods. That’s earned investment from leaders like General Motors.
Now they’re preparing for commercial production just as experts project 5X demand growth by 2040. EnergyX is tapping into 100,000+ acres of lithium deposits in Chile, a potential $1.1B annual revenue opportunity at projected market prices.
Energy Exploration Technologies, Inc. (“EnergyX”) has engaged Beehiiv to publish this communication in connection with EnergyX’s ongoing Regulation A offering. Beehiiv has been paid in cash and may receive additional compensation. Beehiiv and/or its affiliates do not currently hold securities of EnergyX.
This compensation and any current or future ownership interest could create a conflict of interest. Please consider this disclosure alongside EnergyX’s offering materials. EnergyX’s Regulation A offering has been qualified by the SEC. Offers and sales may be made only by means of the qualified offering circular. Before investing, carefully review the offering circular, including the risk factors. The offering circular is available at invest.energyx.com/.
Comparisons to other companies are for informational purposes only and should not imply similar results. Past performance is not indicative of future results. Market shortfall are forward‑looking estimates and are subject to substantial uncertainty.
TRADE OF THE DAY:
MCD
Name: McDonald's Corporation
Symbol: MCD
Current Price: Approximately $274.52
Trade
Sell to Open: 1 MCD Jul 31, 2026 295/300 Call Vertical
Total Credit Received: $54.00
Credit per Contract: $54.00 (for one contract covering 100 shares)
Direction: Bearish (expects MCD to stay below the short call strike)
Probability of Profit (PoP): 88.54% (as provided)
Potential ROI:
Max Risk (Loss): $446.00
ROI: ($54.00 ÷ $446.00) × 100 ≈ 12.1%
Trade Explained in Simple English:
You are entering a bear call spread by selling the $295 call and buying the $300 call, both expiring July 31, 2026. You receive $54.00 upfront, and the trade reaches its maximum profit if MCD stays below the $295 short strike through expiration. Your break-even price is $295.54, matching the value provided. If MCD rises above $300 at expiration, your maximum loss is capped at $446.00, making this a defined-risk bearish strategy.
Wall Street Highlights:
News Beyond the Numbers
Microsoft is cutting about 4,800 jobs globally, with many reductions affecting its Xbox division as the company continues restructuring around AI investments. Read More
Novartis agreed to acquire UK biotech Myricx Bio for up to $1.5 billion, expanding its pipeline of next-generation cancer treatments. Read More
Comcast-owned Sky reached a £1.6 billion deal to acquire ITV's broadcasting and streaming business, creating the UK's largest commercial broadcaster.
Read MoreSK Hynix is preparing for a massive U.S. listing expected to value the AI memory-chip leader at roughly $28 billion, making it one of the year's biggest IPOs. Read More
Wall Street is shifting its focus to the start of second-quarter earnings season, with PepsiCo, Delta Air Lines, and Levi Strauss among the first major companies set to report this week. Read More
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