Stock market today
Stock market today June 30, 2021. A mixed close for the last day of Q1 for 2021 for the US stock market. S&P 500, Nasdaq, and Russell 2000 closed almost flat but Dow Jones outperformed. The closing numbers for the US stock market today follow.
S&P 500: 4,297.50,+5.70(+0.13%)
Dow 30: 34,502.51,+210.22(+0.61%)
Russell 2000: 2,310.55,+1.71(+0.07%)
Stock market news today
Stock market news, stocks today.
“Stocks were mixed on Wednesday, with the S&P 500 gaining for a fifth straight session to end the day at yet another record closing high. Traders considered stronger-than-expected prints on private payroll gains and pending home sales and looked ahead to more economic data out at the end of this week.
Wednesday’s session also marked the final day of trading for the month of June, the second quarter, and the first half of 2021. The S&P 500 closed out both the month of June and the first half of the year with sharp advances. The blue-chip index increased more than 2% in June for a fifth straight monthly advance, and has increased by about 14.4% for the first half of 2021.
The Nasdaq gained more than 5% in June and has increased 12.5% for the year to date. The Dow ended June little changed, underperforming against the other two major indexes as traders rotated back into technology and growth stocks. The index has still held onto a 12.7% advance for the year-to-date, however.
In the S&P 500, the information technology, real estate and communication services sectors came in as the top-performers for the April through June quarter, and only the utilities sector ended the quarter lower.
Other asset classes have posted more mixed performances. The 10-year Treasury yield hit a year-to-date peak of 1.77% in March but ended the quarter yielding just under 1.5%. West Texas intermediate crude oil has increased more than 20% in the second quarter, with the rebound in energy prices coinciding with a pick-up in energy demand and fast-improving travel trends. Cryptocurrencies, however, have had a tougher second quarter, and Bitcoin has tumbled from around $59,000 at the end of March to around $35,000 as of Wednesday, albeit while still being up significantly over a multi-year horizon.
“One of the big calls we’ve made is, stocks will outperform bonds, and that’s one of the big ways we’re constructing our portfolios,” Ryan Detrick, LPL Financial chief market strategist, told Yahoo Finance. “We still think that’s the play, that stocks will probably do better than bonds the second half of this year as the economy continues to improve, open up, and it’ll be led by those earnings which will justify pretty pricey multiples.”
Stock market data: Yahoo Finance