2026 06/29 - 07/03. Wall Street Flexibility: Investors Rotate from Tech to Defense as Market Recalibrates Amid Cooling Labor Market
Wall Street Weekly by Data Research Machine
Episode notes
Wall Street saw a sector rotation as investors moved capital from volatile tech to stable value assets, aiding a recovery in health care and utilities. This rotation was influenced by a cooling U.S. labor market and expectations for a pause in interest rate hikes. While the Dow Jones hit record highs, international markets, particularly KOSPI, faced significant turbulence. The market awaits the release of the Federal Reserve's minutes on Wednesday as the third quarter begins.
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* S&P 0.58% |
* 06/29 M. 7,440.43 /
* 06/30 T. 7,499.36 /
* 07/01 W. 7,483.23 /
* 07/02 T. 7,483.24 /
* 07/03 F. - /
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* Nasdaq 0.05% |
* 06/29 M. 25,820.14 /
* 06/30 T. 26,213.72 /
* 07/01 W. 26,040.03 /
* 07/02 T. 25,832.67 /
* 07/03 F. - /
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* DJIA 1.37% ...