The bitcoin purchases came in at an average price of $106,801 per bitcoin, the company said in an SEC filing. The strong jobs report also spurred a spike in Treasury yields and reduced expectations for the Federal Reserve to cut interest rates soon. Fed funds futures traders are currently pricing in a roughly 95% chance that the central bank will hold rates steady at its meeting later this month, per CME Group’s FedWatch tool. “A few Fed speakers have shown their inclination to cutting interest rates as early as this month. Today’s data of higher than expected payrolls, a drop in the unemployment rate and a fall in jobless claims completely dispels their case for imminent rate cuts and implies that there is absolutely no urgency for Fed support,” Shah said. The strong headline numbers provided relief for investors who were nervous about a potential slowdown in the economy as the president’s tariffs portend to impact business activity.
The news lifted Juniper Networks shares 9% and into positive territory for 2025. Shares of Hewlett Packard Enterprise soared 14% to lead early S&P 500 gainers Monday but remain in the red for the year. The news lifted shares of JPMorgan Chase and Goldman Sachs to all-time highs. In its annual stress tests designed to gauge how well financial firms could stand up to a crisis put in place following the Great Recession, the Fed said late Friday that the banks have sizable amounts of money to withstand a major blow.
How does the Dow Jones Industrial Average work as an investment
It is simply a value that is calculated via the total sum of the share prices of the stocks included in the index that is divided by the Dow Divisor (more on that later). The index closed above 18,000 on Dec. 23, and then closed its high for the year at 18,053.71 on Dec. 26. The chart below shows four of those closing records, as they increase by the thousand. The Dow suffered a market correction between August 2015 and April 19, 2016, leading to a 2016 downturn. It began on Jan. 4, when the Dow closed 160 points lower as investors worried about a slowdown in China’s economic growth. The index had three nine-day runs, last occurring in 1955 (when there were four nine-day stretches).
The US dollar index, which measures the dollar’s strength against six major foreign currencies, gained 0.45%. The dollar index was set for its biggest daily gain in nearly two weeks. Treasury yields jumped higher as investors dialed back expectations for future rate cuts from the Federal Reserve. The 10-year yield rose to 4.34% and the 30-year yield rose to 4.86%.
US Stock Market Summary – July 3, 2025
These funds track the DJIA through a similar composition and weighting of stocks. Uncertainty had been hanging over the markets because of the unprecedented refusal of the outgoing president, Donald Trump, to concede the election to President-elect Biden. When Trump began the transition process late in November, 2020, stocks roared back. Many records were set in 2019, thanks partly to trade talks with China that boosted firms in the index. The longest bull market in history lasted about 11 years, starting in March 2009 and ending in February 2020. The following are some milestones achieved by the Dow Jones Industrial Average.
- The solid numbers come amid concerns about possible declines in new car sales over the coming months as manufacturers incorporate tariff costs into vehicle prices.
- Economic indicators, such as GDP growth, employment rates, and consumer confidence, have a direct impact on the Dow’s performance.
- In conclusion, the DJIA reached its all-time high of 40,051.05 points in May 2024.
- The S&P 500 has returned about 10.6% annually for the past 100 years, according to analysis from Trade That Swing.
The Recession of 2008–2009
The downturn reflected a 10-month recession, from July 1953 to May 1954, during the military demobilization following the Korean War. It beat its January high, rising to 9,093.24 by the close of the day. The Senate reintroduced the bailout as the Troubled Asset Relief Program on Oct. 3. On Monday, Sept. 15, 2008, Lehman Brothers Holding, Inc. (an investment bank) declared bankruptcy. On Wednesday, panicky bankers withdrew $144 billion from money market funds, almost causing a collapse. Since the Great Depression, 2007 to 2008 has been the most dramatic period for the DJIA.
STOCKS MENTIONED
Vietnam would have otherwise faced a 46% tariff starting on July 9, when the White House’s self-imposed negotiation deadline is set to expire. Gold futures were up 0.6% to $3,370 an ounce in late-afternoon trading, gaining ground for the third straight day. Stocks moved higher Wednesday as investors monitored developments on trade talks and budget bill deliberations, ahead of tomorrow’s highly anticipated jobs report. Bitcoin was at $107,400 in late-afternoon trading, little changed from its late-Friday levels but down from an overnight high of around $109,000. President Donald Trump’s decision Friday to halt trade talks with Canada threatened to derail Wall Street’s run to a record, but the market steadied. Nike was the biggest gainer in the S&P 500 with a gain of more than 15%.
Senate Republicans drop AI protections as Trump’s megabill hit snags in Senate
Journalist Charles Dow and his business partner, Edward Jones, established the Dow Jones Industrial Average in 1896 with 12 companies in the industrial sector. The number of companies included in the index increased to 20 in 1916 and then to the current number, 30, in 1928. Since then, the Dow has remained among the most frequently discussed and commonly tracked equities indexes. Earnings are coming back into the conversation this week, with Thursday seeing reports from Delta (DAL), Conagra Brands (CAG), Levi’s, (LEVI) and WD-40 (WDFC).
It’s important to remember that the stock market is influenced by many factors, including government policies, international trade, and corporate earnings. When looking at what is the highest the Dow Jones has ever been, these external factors often play a big role in driving the market to new levels. By understanding the factors that drive the Dow’s growth, staying informed about economic indicators, and managing risk through diversification, investors can navigate the stock market’s highs and lows with confidence. Ultimately, the highest the Dow has ever been serves as a reminder of the opportunities and potential rewards that investing in the stock market can offer.
- Despite all time highs early in the year, six of the 20 worst-one day point losses for the Dow occurred in 2022.
- While analysts mostly use other indices in their calculations, many people opine on the state of the economy and a good number of them consult or cite the Dow without every understanding what the Dow is or why it matters.
- After setting an intraday record $228.22 earlier in the session, it’s on track to beat last Tuesday’s closing high.
The world is getting smaller and large corporations are playing in several different sandboxes. Many of the companies on the Dow make the majority of their profits in other countries. Shareholders may see the benefit of their successes, but the average US citizen will never be the wiser. There are only 30 stocks included in the index – compared to more than 5,300 common stocks between the NASDAQ and the New York Stock Exchange (NYSE).
What are the key macro and global developments?
The purchase of Juniper by the provider of IT solutions to businesses was aimed at boosting HPE’s position in the booming market for artificial intelligence products. «For the first time, customers will now have a modern network architecture alternative that can best support the demands of AI workloads,» HPE CEO Antonio Neri said. Shares of Hewlett Packard Enterprise (HPE) and Juniper Networks (JNPR) jumped Monday after the two tech firms and the Department of Justice (DOJ) announced they had reached a deal to allow HPE’s $14 billion purchase of Juniper to go through. Palantir shares were up nearly 6% recently, while Accenture shares rose slightly. Palantir shares have surged more than 80% since the start of the how to trade with bar chart year, while Accenture’s have lost nearly 16% of their value so far in 2025.
Economic indicators, such as GDP growth, employment rates, and consumer confidence, have a direct impact on the Dow’s performance. Private sector payrolls data from ADP this morning showed a surprising decline of 33,000 jobs in June, compared to the gain of about 100,000 that economists had estimated. The weak reading came ahead of Thursday morning’s scheduled release of the June employment report from the Labor Department.
