US Stock Market Report — 2026-07-07

Big Picture

US equities finished Monday's session with modest gains as investors rotated into rate-sensitive tech names ahead of Wednesday's FOMC meeting minutes. The S&P 500 (SPY +0.87%) and Nasdaq (QQQ +1.43%) led, while the Dow (DIA +0.42%) lagged. SpaceX's addition to the Nasdaq-100 on Tuesday underpinned sentiment in the space and defense tech complex. Treasury yields were little changed, with the 10-year yield steady near recent ranges as markets await further Fed guidance on the rate path.

Index Performance

ETF Price Change Net
SPY $751.28 +0.87% +6.50
QQQ $722.82 +1.43% +10.22
DIA $530.09 +0.42% +2.21
IWM $298.90 +0.44% +1.32

Sector ETF Tracker

ETF Price Change Net
XLK $183.57 +1.65% +2.98
XLF $56.14 +0.93% +0.52
XLE $53.13 -0.17% -0.09
XLV $161.96 -1.09% -1.78
XLY $118.01 +0.76% +0.89
XLP $84.10 -1.05% -0.89

Crypto

Asset Price Change Net
BTC $28.18 +3.68% +1.00

Top Market News

Key Market Themes

Looking Ahead

Markets enter Tuesday with SpaceX's Nasdaq-100 debut as a focal point. The FOMC meeting minutes released Wednesday will be scrutinized for signals on the rate-cut timeline. Second-quarter earnings season begins in earnest next week, with major banks reporting. US equity futures are pointing to a slightly higher open, with tech and communication services sectors likely to stay in focus.


Data sources: Yahoo Finance (market data), CNBC (news). Report generated 2026-07-07.