Closing Brief
Jul 01 · 4:30 PM EDT
Markets showed a cautious tone with mixed sector performances and rising fear as reflected in the VIX, while FDS reported earnings in line with expectations. The megacap portfolio maintains a positive posture relative to the broader market despite modest declines in tech and small caps.
Market Snapshot›
| Index | Price | Change |
|---|---|---|
| S&P 500 | 7,483.23 | -0.22% |
| Dow Jones | 52,305.24 | -0.03% |
| Nasdaq | 26,040.03 | -0.66% |
| Russell 2000 | 3,012.59 | -0.39% |
| VIX | 16.57 | +0.73% |
Sentiment:Fear (32)+6 from last week
Sector Performance
Leaders
Comm. Svc.+2.44%
Financials+2.18%
Cons. Disc.+0.69%
Laggards
Technology-2.57%
Utilities-1.26%
Industrials-1.01%
Cross-Asset Moves
10Y Yield
4.47%
+0.10
Gold
$4,049.60
+0.66%
Oil (WTI)
$68.05
-2.09%
Bitcoin
$59,917.49
+2.32%
USD Index
101.42
+0.23%
HYG
$79.59
-0.48%
Earnings Reported Today
| Symbol | EPS | Est. | Surprise |
|---|---|---|---|
| FDS(BMO) | $4.53 | $4.50 | +0.75% |
Signal Performance
Megacap Portfolio (2026-07 month-to-date)View signals ›
+0.7% portfolio-0.1% SPY
Current Headlines
- US consumer confidence edges up in June; labor market perceptions deteriorateReuters
- U.S. crude oil hovers above $70 as Trump, Iran issue mixed messages on talks in QatarCNBC
- Chip stocks that notched record rallies in second quarter start Q3 with a dudCNBC
- 2026 laggards shine in Wednesday's mixed stock market that kicked off the third quarterCNBC
- Bitcoin's summer swoon creates unique trade in StrategyCNBC
Today's Events
Economic Calendar ›
| Event | Forecast | Previous |
|---|---|---|
| FOMC Member Daly Speaks | — | — |
| ADP Nonfarm Employment Change (Jun) | 118K | 122K |
| Fed Governor Warsh Speaks | — | — |
| S&P Global Manufacturing PMI (Jun) | 55.7 | 55.1 |
| Construction Spending (MoM) (May) | 0.1% | 0.3% |
Earnings Today ›
| Symbol | EPS Est. | Rev. Est. |
|---|---|---|
| FDS(BMO) | $4.50 | $624M |
Attention turns to tomorrow's ADP Nonfarm Employment Change and S&P Global Manufacturing PMI for further insight into labor and economic trends.
Get AI-powered market intelligence
Real-time signals, fundamentals research, and conversational AI analysis for any stock.