Today At A Glance:

U.S. stock markets closed at fresh record highs on July 3, 2025, buoyed by a surprisingly strong June jobs report and reduced odds of a near-term Fed rate cut. The S&P 500 climbed about 0.8%, while both the Dow and Nasdaq advanced approximately 0.8–1% in a shortened session ahead of the Independence Day holiday. Treasury yields jumped (10‑yr at ~4.33%, 2‑yr at ~3.87%) as traders scaled back expectations for imminent rate cuts. Job growth surprised to the upside with 147,000 new positions added in June and the unemployment rate falling to 4.1%, boosting confidence in economic resilience. Tech (including Datadog’s inclusion in the S&P 500), banks, and travel stocks led the rally, while homebuilders lagged amid rising bond yields.

Today’s Index Performance:

• Dow Jones Industrial Average (^DJI): Opened at approximately 44,484.42 and closed around 44,828.53, up 0.8%.
• Nasdaq Composite (^IXIC): Opened near 20,393.13 and finished at approximately 20,601.10, up about 1.0%.
• S&P 500 (^GSPC): Opened around 6,279.36 (intraday record) and closed at ~6,279.35, rising about 0.8%.

Gainers Of Note:

1. Datadog (NASDAQ: DDOG) – Cloud monitoring software provider; surged ~15% on news it will join the S&P 500 on July 9.
2. Nextracker (NYSE: NXT) – Solar tracking equipment maker; among top performers as solar stocks rallied.
3. Cadence Design Systems (NASDAQ: CDNS) – Semiconductor software firm; gained after China-related export restrictions were lifted.

Losers Of Note:

1. Lennar (NYSE: LEN) – Homebuilder; fell ~3.7%, pressured by rising mortgage rates amid spike in Treasury yields.
2. D.R. Horton (NYSE: DHI) – Large residential construction company; declined ~2.7% for similar reasons.
3. Robinhood Markets, Inc. (HOOD) – Surge faded as profit‑taking kicked in—stock dropped ~3.7%.

Active Traders Of Note:

1. Nvidia (NASDAQ: NVDA) – Leading AI chipmaker; saw heavy volume and further gains as tech sectors rallied in tandem.
2. Synopsys (NASDAQ: SNPS) – Chip design software provider; notable volume as it rode momentum from export‑restriction relief.
3. Enphase Energy (NASDAQ: ENPH) – Residential solar solutions; high activity amid broad solar sector strength.

Looking Forward:

With the robust June jobs report now behind us, markets may recalibrate inflation and Fed rate-cut expectations, especially with bond yields elevated. Expect tech and cyclical sectors to remain in focus, while homebuilders may stay under pressure from higher interest rates. With markets closed Friday, investor attention will shift to next week’s June inflation data and any updates on trade policy.

Note: The stock performance summaries are based on general trends observed over the past ten trading days and are not indicative of future results.

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