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Wall Street closes higher as megacap tech surges, chips lag and gold extends its breakout Wall Street closes higher as megacap tech surges, chips lag and gold extends its breakout

Wall Street closes higher as megacap tech surges, chips lag and gold extends its breakout

Executive summary: U.S. stocks finished higher in a broad advance led by the Dow, S&P 500 and Nasdaq, but the session was not a clean risk-on move. Apple and Microsoft posted outsized gains, while the SOXX chip ETF and XLK tech sector slipped, showing a split between megacap winners and the broader semiconductor complex. Gold, silver, palladium and bitcoin all climbed, while WTI crude and energy shares fell, pointing to a market that favored defensive and alternative assets alongside select growth names. [Continue Reading]

360LiveNews Markets Intelligence 360LiveNews Markets Intelligence | 02 Jul 2026 21:15 LONDON
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