On June 26, 2026, traders are working at the New York Stock Exchange.
new york stock exchange
Stock futures traded near the flatline on Wednesday night as traders awaited the release of the latest U.S. jobs data after Wall Street opened the new month on a somewhat bleak note.
Dow Jones Industrial Average Futures Lost 53 points (0.1%). S&P500 futures While the decline was approximately 0.1%, Nasdaq 100 futures It fell 0.1%.
The major averages ended Wednesday trading lower. Dow It ended just below the flatline, erasing the 423.46 point jump that brought it to a record high. of S&P500 and Nasdaq Composite They fell 0.2% and 0.7%, respectively, as investors exited positions in the semiconductor maker.
of VanEck Semiconductor ETF (SMH) 5.4% decrease; micron technology and sandisk Each has fallen more than 10%. And while the sector’s decline has weighed on the broader market, Ned Davis Research strategist Rob Anderson thinks semiconductor rotation is healthy.
“One of the hallmarks of a bull market is rotation, which will be in full effect in 2026,” he wrote. “The passing of the baton to non-commodity cyclical sectors would provide further evidence that equity markets entered the second half of the year on a strong note and the bull market could continue into the second half of the year.”
Wall Street is also keeping an eye on June’s jobs report. Economists polled by Dow Jones expect the economy to grow by 115,000 jobs last month.
