Today: 1 July 2026
Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz
1 July 2026
66 mins read

US Stock Market Today: Live Updates 01.07.2026


LIVEMarkets rolling coverageStarted: Updated:

Advit Jewels Sinks 5% After Hot Start; Cordelia Cruises Drops Further

July 1, 2026, 6:24 AM EDT. Advit Jewels jumped more than 35% at the open on BSE, but quickly locked at the 5% lower circuit to Rs 179.46 as traders booked profits. The IPO saw heavy demand, subscribed 212.63 times, with Swastika Investmart pointing to strong EBITDA margins of 29-30% and 43.6% return on net worth. Investors are told to hold for now with a Rs 165 stop-loss in mind. Cordelia Cruises fell 14.6%, debuting below its IPO price. Traders flagged its high valuation-101 times earnings-and operational risks. IPO drew only 1.46 times subscription. Analysts recommend allotment investors hold on for the long haul, but say fresh entrants should wait for better results and prices.

Advit Jewels shares hit lower circuit afte…

IQMX shares trade on Nasdaq; live updates, news and filings

July 1, 2026, 6:23 AM EDT. IQMX (Nasdaq: IQMX) trades on the Nasdaq with price updates throughout the day. Investors will find news, SEC filings, insider activity, and recent financials. The page also lists upcoming events and tracks short interest, giving an overview for anyone following IQMX.

IQMX Stock Price, News & Analysis

Nasdaq, S&P 500, Dow futures slip as Nike, Tesla, Nio trade ahead of jobs data, Fed speech

July 1, 2026, 6:22 AM EDT.U.S. stock futures moved lower early Wednesday after a record first half that saw the Nasdaq up 12.8%, S&P 500 gain 9.6%, the Dow add 8.9%, and the Russell 2000 jump 21.9%. Investors are looking for signals from ADP employment numbers and Thursday’s non-farm payrolls to gauge Fed policy. Fed Chair Kevin Warsh is set to speak at the ECB Forum. Nike shares dropped 4% on a slower-than-expected recovery, even as management kept a positive long-term view. Tesla is in focus with Q2 delivery results expected and new short interest details out. Nio lost 4% after missing its Q2 delivery targets. Markets show a cautious tone following the strong first half of 2026.

Nasdaq, S&P 500, Dow Futures Slip After Hi…

SDCL Efficiency Income Trust Director Adds 50,000 Shares

July 1, 2026, 6:21 AM EDT.Christopher Knowles, a non-executive director at SDCL Efficiency Income Trust plc, bought 50,000 ordinary shares on June 26, 2026. After the trade, he holds 176,000 shares, about 0.016% of the firm’s issued stock. Shares were acquired on the London Stock Exchange at £0.34936 each. SDCL Efficiency Income Trust, part of the FTSE 250 index, invests in energy efficiency projects in Europe and North America. The company said on April 9, 2026 it plans to sell portfolio assets and begin a managed wind-down.

REG – SDCL Efficiency Inc.

SJP Adds 7,500 Shares to LSE Main Market After Block Admission

July 1, 2026, 6:20 AM EDT.St. James’s Place plc (SJP) has put 7,500 new ordinary shares on the London Stock Exchange’s Main Market after issuing them under its employee share schemes. The new shares are the same as current ordinary shares and bring the total up to 517,495,853 as of July 1, 2026. The move used a block admission from March 18, 2021. No new prospectus. Shares started trading on June 18, 2026. The company says this fits the Public Offers and Admissions to Trading Regulations 2024. For info, contact Company Secretary Jonathan Dale.

REG – St. James's Place

Investment Firm Flags Less-Known AI Name

July 1, 2026, 6:19 AM EDT. An investment firm is spotlighting a lesser-known artificial intelligence (AI) stock it sees as promising. The firm says this under-the-radar pick could give investors a way in on AI technology trends outside the biggest names. The call shows more market focus on AI as firms look for growth across sectors and look for new ways to get exposure in the space.

An investment firm shares an under-the-rad…

JPMorgan China Growth & Income PLC Sets Q3 Dividend for FY 2026

July 1, 2026, 6:03 AM EDT. JPMorgan China Growth & Income PLC said it will pay a third interim dividend of 3.39 pence per share for the year ending September 30, 2026. The dividend is scheduled for September 1, 2026, to holders on the register by July 10, 2026. Shares go ex-dividend on July 9, 2026. Net asset value per share was 338.85 pence at September 30, 2025. Shareholders can choose the DRIP run by Computershare Investor Services, with August 10, 2026 as the deadline. JPMorgan Funds Limited remains company secretary.

REG – JPMorgan China G&I

Anthropic Cleared for Overseas AI Sales After U.S. Removes Export Curbs, Boosting IPO Prospects

July 1, 2026, 6:02 AM EDT. Anthropic got the green light to export its top AI models after the U.S. dropped restrictions, removing a major roadblock before its planned IPO. The approval means Anthropic can offer its AI technology overseas, with investors now expecting a clearer runway to the market. Washington’s decision is seen as backing innovation while addressing security, but the main focus is Anthropic’s path to global investors after the go-ahead.

Anthropic gets all-clear to let foreigners…

US Futures Dip as Oil Drops, Investors Weigh Inflation Signals

July 1, 2026, 5:49 AM EDT. US stock futures slipped early Wednesday, with E-mini S&P 500 and Micro E-mini Nasdaq-100 contracts both down as trading opened to mixed macro news. The Strategic Petroleum Reserve is now at its lowest since 1983 after a big release aimed at lowering fuel prices, temporarily easing inflation on consumers. Oil retreated, while eurozone inflation stuck close to the 2% mark, leaving questions about just how much cheaper energy will affect banks, utilities, and real estate stocks. Sandisk jumped almost 11% on a price target bump, Credo Technology climbed on new index inclusions, and Bloom Energy advanced with more funding. Traders watched for fresh inflation data, oil supply numbers, and China’s manufacturing reports as they tried to gauge how stable markets are with rate hikes still in focus.

US Stock Market Today: S&P 500 Futures Edg…

Sprott Inc, Sprott Asset Management USA Inc no longer substantial holders in Aura Energy Limited (ASX:AEE, AIM:AURA)

July 1, 2026, 5:48 AM EDT. Aura Energy Limited (ASX:AEE, AIM:AURA) said Sprott Inc and Sprott Asset Management USA Inc have stopped being substantial holders, according to a Form 605 filing with the ASX. Aura’s main focus remains uranium and battery metals, with its Tiris Uranium Project in Mauritania and the Häggån Polymetallic Project in Sweden. The company is working toward uranium production as demand for nuclear power grows during decarbonisation. Aura posted the filing on its website and on the London Stock Exchange portal.

REG – Aura Energy Limited – Notice of Ceas…

SoFi Technologies (SOFI) Trades at Premium Despite Valuation Concerns

July 1, 2026, 5:47 AM EDT. SoFi Technologies (SOFI) is up 110.4% in the past three years but looks overextended, with valuation models putting it about 30% above fair value. Analysts figure the stock’s intrinsic value at $13.79 a share, though investors are still bidding it up on hopes for digital banking and AI growth. The Excess Returns model signals the stock’s current price doesn’t match its future earnings outlook. Even with solid Q1 2026 growth and a slate of new AI products, some caution remains with legal issues and short sellers in the mix. SOFI falls short on standard valuation measures, pointing to limited upside and possible risks for holders.

SoFi (SOFI) Stock Looks Fully Priced On Fa…

Microsoft to Cut Thousands of Jobs as AI Spending Rises

July 1, 2026, 5:46 AM EDT. Microsoft will lay off thousands of employees, or under 2.5% of its global staff, Business Insider reported. The cuts come as Microsoft increases spending on AI. The company is looking to control costs while putting more money into artificial intelligence.

Microsoft is reportedly planning thousands…

Fuji Electric Looks at Cutting Share Unit Size to Draw More Retail Investors

July 1, 2026, 5:35 AM EDT. Fuji Electric is looking at lowering its minimum investment unit to reach more retail buyers and lift stock liquidity in Japan. The possible change follows Tokyo Stock Exchange rules on high-price trading units and could ease accessibility while spreading out ownership. Management says they’ll pick the timing based on how the shares trade, current market, and who holds the stock now. Analysts rate Fuji Electric a Sell with a price target of Yen 11,300. The company works in power electronics and industrial gear, is valued at Yen 1,954 billion, has a strong buy technical setup, and usually trades more than a million shares a day.

Fuji Electric Weighs Cut to Share Investme…

Fed Eyes 2026 Rate Hike, Goldman Warns on Stock Pullback Risk

July 1, 2026, 5:34 AM EDT. The Federal Reserve is now projecting at least one interest rate hike in 2026, moving away from its earlier call for more cuts. Goldman Sachs strategists said the shift is tied to higher inflation and geopolitical risk. Historically, these kinds of rate hikes often go with corrections in stocks. That’s got investors watching for a pullback after a big run: the S&P 500 is up 20% and the Nasdaq has added 27% since mid-2025, boosted by ongoing AI momentum. But higher rates make future earnings worth less and can raise debt costs, both headwinds for valuations and growth. The latest Fed forecasts show a more cautious tone, with about a third of officials now seeing two or more hikes next year and tighter policy likely.

Stock Market Investors Just Got Bad News F…

S&P 500 Up 9.4% at Midyear After Shaky First Half

July 1, 2026, 5:32 AM EDT. The S&P 500 finished the first half with a 9.4 percent gain, even after the market sold off early in the year when the Iran conflict drove geopolitical tension. The index then rebounded, as investors pushed the rally and lifted returns. The market move pointed to a major shift in how investors see risks and market direction against ongoing global uncertainty.

The S&P 500 Just Hit a Major Midyear Miles…

Ryan Serhant takes real estate business into Texas

July 1, 2026, 5:31 AM EDT. Ryan Serhant, known from Netflix’s ‘Owning Manhattan,’ is bringing his fast-growing real estate firm into Texas. The TV broker is moving to tap into the state’s active property market and broaden his business outside New York. Some real estate firms have been expanding in the Sun Belt as more people and jobs shift south. Serhant said the Texas push is about chasing strong housing demand and investment potential in the state.

Netflix’s ‘Owning Manhattan’ star Ryan Ser…

Adient, ArcBest, GEO Group Land on Zacks Strong Sell List

July 1, 2026, 5:24 AM EDT. Zacks Investment Research put Adient plc (ADNT), ArcBest Corporation (ARCB), and The GEO Group (GEO) on its Rank #5 (Strong Sell) list as of July 1. Adient, which supplies car seats, had its earnings estimate for this year lowered 10.7% over the last 60 days. ArcBest, in freight and logistics, saw its earnings projection drop 15%. GEO, which operates secure facilities, was cut by 3.8%. Zacks also pointed out a top pick with potential to double, backed by strong demand and share buybacks. Updated rankings are meant to help investors follow shifting earnings outlooks during volatile trading.

New Strong Sell Stocks for July 1st

NSE IPO: Most Revenue Tied to Derivatives as Options Dominate

July 1, 2026, 5:23 AM EDT. The National Stock Exchange of India (NSE) gets roughly 79% of operating revenue from transaction charges for the fiscal year 2025-26. Transaction fees come from equity, futures, options, and other derivative trades. Options trades are a big driver, making up 76.6% of these charges, with futures at 11.3% and cash equities at 11.9%. Because so much comes from derivatives-especially options-the exchange faces risk if regulators change futures and options rules, which could hit profits.

NSE IPO: How India's biggest stock exchang…

Aberdeen Group PLC Adds 259 Shares; Updates Capital Position

July 1, 2026, 5:22 AM EDT. Aberdeen Group PLC put out 259 ordinary shares on June 10, 2026 through its Share Plan. The new stock, ISIN GB00BF8Q6K64, joins trading on the Main Market at the London Stock Exchange and has the same rights as the rest. After this move, issued share capital came to 1,840,745,774 shares with voting rights as of June 30, 2026. Aberdeen Group does not hold treasury shares. The notice is in line with PRM 1.6.4R. The company says this is part of ongoing capital management.

REG – Aberdeen Group PLC

Marks and Spencer Adds 505,689 Shares After SAYE Scheme Allotment

July 1, 2026, 5:21 AM EDT. Marks and Spencer Group plc put 505,689 new ordinary 1p shares on the London Stock Exchange main market, after issuing them under the Save As You Earn (SAYE) scheme between June 1 and June 30, 2026. These shares are fungible with existing stock. The SAYE plan dates to December 2023. After this move, the total outstanding ordinary shares now stands at 2,066,937,255. No new prospectus was needed as this is part of employee incentive arrangements. Company contact is Sophie Calderwood, Trainee Company Secretary. The admission comes under UK regulatory rules.

REG – Marks and Spencer Gp

CMC Markets (CMCX.L) up 20% after lifting 2027 income target

July 1, 2026, 5:20 AM EDT. CMC Markets shares jumped more than 20% Monday as the broker lifted its guidance for net operating income in FY2027 to at least £550 million. That’s up from a previous forecast of £460-480 million. The company, which runs online trading platforms, pointed to stronger growth and higher margins in its B2B arm as a driver. It now sees EBITDA at £250 million, with operating costs outside of variable pay around £280 million. Management said better scale and leverage in B2B are helping the case. The company expects more milestones in the year ahead. Interim HY2027 results are due 19 November.

CMC Markets shares jump as the trading pla…

Maven Income and Growth VCT Lists 321,950 New Shares on LSE

July 1, 2026, 5:19 AM EDT. Maven Income and Growth VCT PLC listed 321,950 new ordinary shares on the London Stock Exchange Main Market on July 1, 2026. The new 10p shares are fungible with the existing ordinary shares. This comes after the VCT’s equity issue under the Dividend Investment Scheme flagged on June 26, 2026. Total shares in issue are now 207,559,566. The admission followed the Public Offers and Admissions to Trading Regulations 2024. Maven Capital Partners UK LLP is company secretary.

REG – Maven Inc &Grwth VCT

Alphabet’s $2 Trillion Jump Puts Spotlight on Investor Doubts

July 1, 2026, 5:18 AM EDT. Alphabet Inc. added $2 trillion in market cap over the past year, putting its tech ‘rock star’ status in focus. The sharp move has some investors asking if the rally can last and what comes next for growth. Alphabet’s run comes with market swings and tougher regulation in the mix. Traders say it’s still not clear if the surge means lasting momentum or if a pullback is on deck.

Alphabet’s $2 Trillion Gain Turns ‘Rock St…

South32 Limited says Graham Kerr steps down; details director shareholdings

July 1, 2026, 5:17 AM EDT.South32 Limited said director Graham Kerr left the board on June 30, 2026. Kerr owns 414 fully paid ordinary shares and 5,337,026 rights in deferred and performance rights under the South32 Equity Incentive Plan. GK71 Pty Ltd holds 3,305,194 ordinary shares connected to Kerr, but he is not the registered holder. The company filed the disclosure under ASX listing rule 3.19A.3, as required by the Corporations Act, listing all relevant stakes tied to Kerr after his exit.

REG – South32 Limited – Final Director's I…

South32 Limited names Matthew Daley director; reports security holdings

July 1, 2026, 5:16 AM EDT.South32 Limited said Matthew Daley will become a director starting July 1, 2026. Daley has 3,197,143 performance rights from the company’s Equity Incentive Plan as long-term incentive. He also holds 285,714 ordinary shares through the Employee Share Plan, registered under CITICORP NOMINEES PTY LIMITED. The disclosure follows ASX Listing Rule 3.19A.1 and the Corporations Act 2001 (Cth). South32 made the announcement via the London Stock Exchange’s RNS service, with The Standard Bank of South Africa as JSE sponsor. The company said there are no contracts or other interests to report.

REG – South32 Limited – Initial Director's…

Wise hits Nasdaq with focus on valuation story, U.S. plans

July 1, 2026, 5:15 AM EDT. Wise’s Nasdaq debut puts the spotlight on how it’s valued, with the article pushing for more than just spreadsheets and numbers. The piece calls for a strong, clear business story backed up by numbers before diving into DCFs or multiples. The author uses everything from sector-specific analysis to custom methods, depending on what fits the business. Transparency and clear assumptions stand out, with the piece urging readers to question market thinking. The author doesn’t hold Wise stock and says so. The main takeaway is for investors to look at Wise’s U.S. growth options and weigh them against what’s happening in the U.K., sticking to fact-based valuation to find the real story.

Wise's Nasdaq Listing: U.S. Optionality, U…

Josh Duhamel Puts LA Home Up for Sale at $2.99 Million, Eyes Minnesota Cabin

July 1, 2026, 5:14 AM EDT. Josh Duhamel is selling his Los Angeles home for $2.99 million. The actor plans to spend more time at his off-grid cabin in Minnesota. Duhamel has owned the LA property for years and is looking to shift his base. The house hits the market as he steps back from Los Angeles.

‘Ransom Canyon’ star Josh Duhamel lists L.…

Geiger Counter Ltd Buys Back 19,069 Shares at 63.95p Each

July 1, 2026, 4:59 AM EDT. Geiger Counter Ltd repurchased 19,069 ordinary shares on June 30, 2026, paying an average of 63.95 pence per share. That price is about a 7% discount to fully diluted value. The company said the shares go into Treasury as part of an ongoing program. Since March 11, 2026, the group has repurchased 7,392,222 shares under the plan. After this buyback, Geiger Counter has 173,641,396 ordinary shares outstanding, with 118,410,966 voting shares and 55,230,430 in Treasury. The company said the buybacks are meant to keep capital structure and shareholder value on track.

REG – Geiger Counter Ltd Geiger Counter – …

Stock Futures Slip as Higher Rates Seen Ahead

July 1, 2026, 4:58 AM EDT. U.S. stock futures traded lower in early European hours as investors braced for higher rates. The move hints at a cautious tone to kick off the second half, with traders watching for tighter central bank policy. Higher rates often mean higher borrowing costs, pressuring rate-sensitive stocks.

U.S. Stocks Futures Lower as Rate Hike Exp…

Sensex jumps 630 points as FMCG gains, firm global trend and steady oil prices lift mood

July 1, 2026, 4:46 AM EDT. Sensex rallied over 630 points to 77,110 and Nifty moved close to 24,050 in a sharp rebound that saw strong FMCG buying along with firm global cues and steady oil prices. FMCG names like Dabur and Hindustan Unilever were up between 3-5% on the day, as hopes for better margins and stable revenue after price hikes helped push the sector higher. The Dow Jones closed at a record high overnight, and most Asian markets tracked gains. Crude stayed near $73 a barrel, much lower than recent highs, taking off some pressure on input costs. Total market value jumped by about Rs 2.5 lakh crore, snapping a two-day losing run and pulling in buyers.

Why is market rising today? Sensex gains 6…

AXP Energy (ASX:AXP): Volatility Draws Speculators to This Penny Energy Stock

July 1, 2026, 4:45 AM EDT. AXP Energy (ASX:AXP) is a penny stock in Australia’s energy space, giving exposure to oil, gas and new energy markets. As a micro-cap, AXP’s share price tends to swing on news about drilling, funding and production. Dilution and liquidity risks are a big part of the story, since the company still depends on outside capital to run its operations. Speculative traders crowd in for the leverage to commodity moves, but it’s still a high-risk, high-reward name. With uncertainty around its projects and what the market thinks, caution is key.

AXP Energy (ASX:AXP): Is This Penny Energy…

Deutsche Bank Sticks With Buy on London Stock Exchange, Cuts Target to GBX 11,000

July 1, 2026, 4:44 AM EDT. Deutsche Bank analyst Benjamin Goy kept a Buy rating on London Stock Exchange, but dropped the target price to GBX 11,000 from GBX 11,900. The call still signals confidence in the stock. The lower target points to a more cautious stance while staying positive on the outlook.

LONDON STOCK EXCHANGE : Deutsche Bank rema…

Cattle Futures and Cash Prices Slip Again as Market Pressure Persists

July 1, 2026, 4:43 AM EDT. Live cattle futures lost 57 cents Tuesday, with June settling at $258.20. Cash trade is sluggish; northern deals at $260 and southern at $258. Feeder cattle futures dropped $2.87 to $3.22, and the CME Feeder Cattle Index gave up $2.52 to $377.40. USDA pegged Tuesday’s slaughter at 110,000 head, down 24,022 from last year for the week so far. Choice beef boxes rose $1.72 to $393.16, but Select fell $2.50 to $371.68. US pastures rated 34% good/excellent, up 1% in NASS Crop Progress. Market keeps seeing steady pressure on both cattle and feeders as trading stays slow.

Cattle Extend Losses to Close the Month

Live cattle futures slip, feeder cattle tumble Tuesday

July 1, 2026, 4:42 AM EDT. Live cattle futures kept falling Tuesday, off 75 cents to $1.30 for most contracts. Feeder cattle futures dropped harder, down $3.37 to $3.45 by midday. CME Feeder Cattle Index eased 48 cents to $379.92 on June 26. Cash markets stayed slow Monday, northern cattle traded $260 live, $408-$410 dressed. USDA pegged cattle slaughter at 107,000 head for Monday, up on the week, still below last year. Boxed beef prices climbed, with Choice up $3.54 at $394.98 and Select $1.17 higher at $375.35. Pasture conditions ticked up 1% at 34% good/excellent in NASS update. Brugler500 index rose 5 to 291. Export demand uncertainty still in focus for the trade.

Cattle Extending Losses to Tuesday

London Stock Exchange Adds Four Stocks to AIM, Including Burford, Huddled, Ramsdens, and Zinc Media

July 1, 2026, 4:30 AM EDT. The London Stock Exchange said it has brought in new securities on AIM today. Burford Capital Limited is listed with 95,212 ordinary shares, all fully paid. Huddled Group PLC lists 86,278,285 ordinary shares at GBP 0.00040108663 each. Ramsdens Holdings Plc adds 309,000 shares at GBP 0.01. Zinc Media Group Plc comes on with 727,788 shares at 0.125p. All four now expand the pool of AIM-traded stocks for investors focusing on smaller growth companies.

REG – AIM – AIM Notice

Glencore PLC Sets July 29 Date for 2026 Half-Year Production Report, Results on August 5

July 1, 2026, 4:29 AM EDT. Glencore PLC said it will put out its 2026 Half-Year Production Report on July 29, 2026, and then report Half-Year Financial Results a week later on August 5, 2026. The company said both updates will be published at 7:00 am UK time through the London Stock Exchange’s Regulatory News Service and on Glencore’s own website. Management will host a live webcast for the financial results at 8:00 am. A replay will be up within 24 hours. Glencore, which produces and markets more than 60 commodities worldwide, said the events will cover performance in the first half of 2026.

REG – Glencore PLC – Notice of 2026 Half-Y…

Galderma Shares Drop on FDA Denial of Relfydess Botox Rival

July 1, 2026, 4:28 AM EDT. Galderma Group AG shares dropped sharply, posting their steepest fall in more than a year after the FDA turned down its Botox competitor Relfydess. Investors sold on news of the decision, worrying about Galderma’s push into the Botox segment. The move is a setback for the Swiss company’s plans to grow in the cosmetic treatment market.

Galderma Shares Slump After FDA Turns Down…

Resolution Capital Reports Stake in Prologis, Declares Interest in SEGRO

July 1, 2026, 4:27 AM EDT. Resolution Capital Limited said it owns 1,788,986 ordinary shares, or around 0.19%, of Prologis Inc as of June 30, 2026. The disclosure, made under Rule 8.3 of the UK Takeover Code, also includes interests in SEGRO PLC. The firm reported no stock-settled derivatives or rights to subscribe for new securities. Resolution Capital made the filing as required by regulations for shareholdings in possible takeover situations.

REG – Pinnacle Inv. Mgmnt Prologis, Inc. S…

Dow Futures Slip as Investors Step Back After Rally

July 1, 2026, 4:26 AM EDT. Dow futures slipped early with investors stepping back after a bumper quarter. Traders stayed cautious before key economic data. The S&P 500 and Nasdaq both moved unevenly, with inflation worries and central bank policy in focus. Oil prices wavered and pushed on energy stocks. Earnings and macro headlines kept the market on alert.

Stock Market Today: Dow Futures Slip as In…

Bellway Drops on Lawsuit; S&P 500, Nasdaq Extend 2026 Gains

US Stock Market Today: Live Updates 01.07.2026

July 1, 2026, 4:25 AM EDT.Bellway shares fell 2.5% after word of a UK class action accusing the builder and rivals of fixing prices for more than 700,000 new-home buyers. Damages could reach £4.5 billion. The case still waits on a tribunal nod. Bellway also flagged that UK homebuyer demand slipped in June as mortgage rates moved higher. The S&P 500 is up 9.55% this year after a strong quarter, the index has jumped almost 15% since March even as inflation and geopolitical risks stir. The Nasdaq and chipmakers outperformed, with the Nasdaq up close to 21% and semiconductors soaring 88% on AI bets. After some profit-taking, major indexes hold near highs, though some analysts point to possible bubbles in tech tied to AI trade.

US Stock Market Today: Live Updates 01.07.…

Bellway sued in UK class action; stock drops on June homebuyer slowdown

July 1, 2026, 4:12 AM EDT.Bellway (BWY) is targeted in a planned UK class action involving over 700,000 new-home buyers from October 2015 to June 2026, who allege the builder shared pricing and sales data. The suit, seeking £2.2 billion to £4.5 billion, still needs tribunal sign-off. Bellway shares slid about 2.5% after updates flagged a fall in UK homebuyer demand for June, as agreed sales slipped. Higher mortgage rates are blamed for slowing buyer activity.

Key facts: Bellway hit by UK class action;…

S&P 500 Up 9.55% YTD; Nasdaq, Semis Lead Despite AI and War Fears

July 1, 2026, 4:09 AM EDT. The S&P 500 is up 9.55% year-to-date, pushing through war worries, inflation, and AI-driven swings. Since March, it’s jumped about 15% for its best quarter in six years. The Nasdaq has done better, gaining nearly 21%. June saw a 1% slide after some profit-taking in Big Tech, but both indexes still trade close to record highs, with the S&P scoring 24 records in 2023. Semiconductors have led with an 88% surge since March on strong AI infrastructure bets. The Dow posted its best quarter since 2022 and logged 19 records this year. Barclays analysts are still cautious, sticking with a year-end S&P 500 target of 7,800, while some see risk of an AI bubble forming in tech.

The S&P 500 is up almost 10% this year, de…

Marcin Frąckiewicz is the founder and CEO of TS2 Space, a satellite communications company serving customers around the world. A graduate of the Warsaw School of Economics (SGH), he has more than two decades of experience in telecommunications, satellite services and technology ventures. He writes about satellite communications, space technology, artificial intelligence and the stock market, with a particular focus on technology companies, semiconductors, emerging industries and the trends shaping global innovation.

Stock Market Today

  • Advit Jewels Sinks 5% After Hot Start; Cordelia Cruises Drops Further
    July 1, 2026, 6:24 AM EDT. Advit Jewels jumped more than 35% at the open on BSE, but quickly locked at the 5% lower circuit to Rs 179.46 as traders booked profits. The IPO saw heavy demand, subscribed 212.63 times, with Swastika Investmart pointing to strong EBITDA margins of 29-30% and 43.6% return on net worth. Investors are told to hold for now with a Rs 165 stop-loss in mind. Cordelia Cruises fell 14.6%, debuting below its IPO price. Traders flagged its high valuation-101 times earnings-and operational risks. IPO drew only 1.46 times subscription. Analysts recommend allotment investors hold on for the long haul, but say fresh entrants should wait for better results and prices.
Progress Software shares dip after Q2 beat, license sales top ARR
Previous Story

Progress Software shares dip after Q2 beat, license sales top ARR

Go toTop