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Informist, Tuesday, Jun. 30, 2026                                      Tel +91 (22) 6985-4000

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Equity Alert: US Indices end higher Mon; Dow Jones sees record closing high

 

MUMBAI--0725 IST--US stock indices ended higher on Monday amid broad-based gains, with the Dow Jones Industrial Average ending 0.6% higher and closing above the 52000 mark for the first time. This was after Silicon Valley stalwart Alphabet marked its first trading day on the index. The stock ended around 5% higher. Alphabet also supported gains in the S&P 500 and Nasdaq, which closed 1.2% and 2.1% higher, respectively.

 

Among other technology gainers, VanEck Semiconductor closed over 3% higher, recovering from its decline earlier in the session, CNBC reported. In notable individual stock movements, Comcast ended 4.5% higher after the company said it would split its media and technology businesses into two listed entities, with the separation expected to be completed in around a year.

 

The gains on Monday mark the beginning of a shortened trading week on Wall Street, which will be shut on Friday in observance of Independence Day, CNBC reported. "It might be a little bit of light liquidity [due to the holiday-shortened trading week], so you might see bigger-than-expected moves," Joe Tigay, a portfolio manager at Equity Armor Investments, told CNBC. "We also have the end of quarter happening soon, which can cause some window dressing to happen, so advisors are wanting what they report on their quarterly statements to look attractive to their clients, and they've been locking in some gains too."

 

Crude oil prices ended higher on Monday amid a pause in hostilities between the US and Iran after a tense weekend of military escalation. Monday, the August futures contract of Brent Crude oil ended at around $73 per barrel, 1.6% higher than its previous close, as traders assessed whether the pause would ease concerns about energy supply disruptions.

 

Following were the closing levels of major US indices on Monday:

 

US Indices	Levels	Change in %
Dow Jones Industrial Average	52182.74	0.6
NASDAQ Composite	25820.14	2.1
S&P 500	7440.43	1.2

 

(Shruti Nair)

 

US$1 = INR 94.54

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

 

Edited by Avishek Dutta

 

All prices from National Stock Exchange, unless otherwise specified.

All percentage changes for share prices are rounded off to the nearest whole number; percentage changes for index values are rounded off to one decimal place.

All times are Indian Standard Time.

 

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