🇺🇸 S&P 500

S&P 500 rises 1.7% in holiday-shortened week to 7,483.24

The S&P 500 advanced 1.7% over the June 29-July 2 trading sessions, closing at 7,483.24 after mixed daily moves that included a late-quarter rebound. The gain capped a strong second quarter with the best performance since 2020. A weaker-than-expected June jobs report eased rate-hike concerns and supported yields, while sector rotation tempered broad participation. Investors monitored ongoing shifts away from semiconductors toward other areas amid holiday closures.