AllPennyStocks.com NASDAQ Leaps to Start Week, Dow Tops 53K for First Time
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NASDAQ Leaps to Start Week, Dow Tops 53K for First Time

July 06,2026 4:36 PM EST

NASDAQ Leaps to Start Week, Dow Tops 53K for First Time

Stocks maintained their positive momentum on Monday following a strong week on Wall Street.

The Dow Jones Industrials hiked 156.67 points to 53,056.47, after earlier surpassing 53,000 for the first time ever.

The S&P 500 surged 54.21 points to 7,537.43.

The tech-heavy NASDAQ popped 288.49 points, or 1%, to 26,121.16, led by a 7% climb in Western Digital and a 2% jump in Teradyne. Marvell Technology and Oracle also gained around 2% each.

Shares of Microsoft fell roughly 1% after the company said it’s cutting 4,800 jobs, or 2.1% of its workforce.

On the flip side, shares of Dell Technologies added more than 4% after President Donald Trump promoted the company’s computers from the White House after he rang the opening bell.

Traders this week will turn their eyes to the Federal Reserve, with the minutes of the June meeting — the first led by new Chairman Kevin Warsh — due Wednesday.

Prices for the 10-year Treasury gained a bit of ground, lowering yields to 4.47% from Thursday’s 4.49%. Treasury prices and yields move in opposite directions.

Oil prices took on four cents to $68.73 U.S. a barrel.

Gold prices climbed $50.00 to $4,175/70 U.S. an ounce.

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