Monday, June 29, 2026

Wall Street ends higher as US, Iran attacks ease; major tech-related shares jump

Wall Street ends higher as US, Iran attacks ease; major tech-related shares jump

By Caroline Valetkevitch and Niket Nishant

Mon June 29, 2026  

It’s the same old story that’s been going on since the beginning of the war. Hostilities erupt, the market comes down. Hostilities ease and it goes up. That’s what happened today with the concerns about the fragile peace talks being jeopardized by weekend strikes but with the strikes easing today, everything took off like hotcakes, both industrials and tech enjoying very substantial 3-digit gains.  

Today’s consensus is that the AI panic that unsettled markets in recent weeks has now settled. Investors are now forward-looking to Q2 earnings season which begins in a couple of weeks. Google has now left the Nasdaq and had its first day on the Dow. This and the traditional quarter-end “window dressing” also helped boost stocks. Per the CBOE, 20.2 billion shares were traded, well under the 4-week average of 23.1 billion reported Friday. 

DJ: 51,876.11  -44.51          NAS: 25,297.62  -60.99         S&P: 7,354.02  -3.47               6/26

DJ: 52,182.74  +306.63       NAS: 25,820.14  +522.53      S&P: 7,440.43  +86.41           6/29

Mon 6-29-26 4:39 pm Wall Street ends higher as US, Iran attacks ease; major tech-related shares jump | Reuters


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