Stocks were a mixed bag today. While the Dow added 182 points and the Russell 2000 Index (RUT) came within a chip-shot of a record high, the S&P 500 and Nasdaq both gave up modest gains to finish lower for their fifth loss in six days. Despite falling oil prices and a cooling 10-year Treasury yield, the semiconductor sector succumbed to more selling pressure today, with investors now turning to Micron (MU) earnings.
Continue reading for more on today's market, including:
- Take a flier on this lagging restaurant stock.
- Summer is here, check out our 10 stock picks for the season.
- Plus, a solar stock to target; ARM bulls load up; and Take-Two's GTA 6 buzz.
5 Things to Know Today
- Bitcoin (BTC) just fell to its lowest levels since October 2024. (CNBC)
- New home sales declined for the second-straight month. (Reuters)
- Contrarians should have this solar stock on their radar.
- Bull notes help ARM stock up off the mat.
- Can GTA 6 help Take-Two stock stop its slide?
Commodities Breach Key Levels
Oil prices are officially at pre-war levels from early February, briefly dipping below $70. July-dated West Texas Intermediate (WTI) closed down 3.9%, to finish at $70.34 a barrel.
Gold futures logged their fourth-straight loss and lowest close since November, as the U.S. greenback stabilized. August-dated gold futures shed 3.4%, last seen at $4,008.80/oz.