Dow Jones Top Markets Headlines at 9 PM ET: Bank Stocks Rally, Chips Pull Back in Mixed Day of Trading | Warsh …
Bank Stocks Rally, Chips Pull Back in Mixed Day of Trading
The S&P 500 closes 0.2% lower as investors look ahead to the jobs report.
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Warsh Says Inflation Outlook Has Improved but Won’t Say if Fed Should Hike Rates
The Fed chairman declined to say how the Fed will approach an upcoming debate over whether to raise rates, calling the coming meeting a “good family fight.”
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South Korea Inflation Accelerates to 30-Month High in June
Elevated inflation in the country is likely to strengthen the case for the central bank to tighten monetary policy at its rate-setting meeting later this month.
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Michael Burry Cites ‘Beginning of the End’ With New AI Short Bets
Tesla, Caterpillar, Applied Materials and an ETF of chip stocks are in the idiosyncratic investor’s crosshairs.
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The World’s Top Economists Are Sounding the Alarm on AI
Several have joined the chorus of voices warning about the potential global fallout if the AI boom turns to bust.
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U.S. Plunges Trade Pact With Canada and Mexico Into Doubt
Washington declined to renew the deal by a deadline on Wednesday, setting it up for annual reviews.
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What’s Ahead for Tech and Other Sectors In the Second Half of 2026
Technology stocks may have more room to run than energy shares as AI spending remains strong and oil prices retreat.
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U.S. Factory Activity Continued to Expand in June
The Institute for Supply Management’s purchasing managers’ index was 53.3 last month, 0.7 percentage point lower than in May.
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Private Sector Hiring Grew Slightly Below Expectations Last Month
Private companies added a net 98,000 jobs in June after adding 122,000 jobs in May, human-resources company ADP said.
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U.S. Crude Oil Inventories Extend Decline
Commercial crude oil stocks excluding the Strategic Petroleum Reserve fell by 3.8 million barrels to 408.4 million barrels in the week ended June 26, and were about 7% below the five-year average for the time of year, the EIA said.
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Eurozone Inflation Declines as Energy Shock Fades in Relief for ECB
Inflation fell to 2.8% in June, increasing the likelihood that the European Central Bank will hold rates steady later this month.
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Equity-Market Fundraising at Most Exuberant Since 2021, Mergermarket Says
Tech deals accounted for a record $302 billion of global issuance in the first six months of the year, raising questions around investor capacity to absorb IPOs expected in the coming months.
(END) Dow Jones Newswires
July 01, 2026 21:15 ET (01:15 GMT)
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