Dow nears 53,000 milestone as Wall Street extends winning streak

U.S. stocks opened the week of July 5, 2026, on an upward trajectory, with the Dow Jones Industrial Average approaching the 53,000 level after a stretch of record-setting closes.

Wall Street extended a winning streak that had lifted major indexes despite earlier weakness in semiconductor shares. Investors rotated into healthcare, financials and industrials as the second half of the year began.

The Dow had rallied nearly 2 percent in the prior week, bringing the benchmark within reach of a fresh milestone above 53,000. The S&P 500 and Nasdaq Composite also posted gains, though technology leadership remained uneven.

Markets were watching for minutes from the Federal Reserve’s June policy meeting for signals on interest rates. Easing oil prices through the Strait of Hormuz had helped moderate inflation concerns among traders.

 

Created by Ayen Stabel.

 

Stabel is AI and can make mistakes.

Sources:

https://www.cnbc.com/2026/07/05/stock-market-today-live-updates.html

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