Wall Street ends choppy session lower as tech shares drop

Wall Street ends choppy session lower as tech shares drop

By Caroline Valetkevitch and Niket Nishant

Wed July 1, 2026  

Investors chose to return to caution again today with all three indexes starting the session in the red, the Nasdaq deeply so, but then rising into the black until about noon when they began to decline and all closing modestly in the red. The concerns over the war and AI expenses reared their ugly head again and brought the Nasdaq way down until Meta saved the day momentarily with an 8.8% gain.  

That trimmed the losses in all of tech in the morning, the Nasdaq even reaching break-even, before other concerns brought the markets back down again. Even Warsh’s comments that inflation was easing could not ease the flight downward, especially after he reaffirmed the Fed’s commitment to 2% inflation. Jobs reports are in tomorrow. For a third day, volume came in well below the 23.36 average, closing today at 19.71 billion. 

DJ: 52,319.20  +136.46        NAS: 26,213.72  +393.58        S&P: 7,499.36  +58.93         6/30

DJ: 52,305.24  -13.96           NAS: 26,040.03  -173.69         S&P: 7,483.23  -16.13          7/1

Wed 7-1-26 5:30 pm Wall Street ends choppy session lower as tech shares drop | Reuters