India, July 2 -- The S&P 500 traded higher on July 2, 2026, as investors welcomed signs of a cooling U.S. labor market, easing concerns that the Federal Reserve may need to tighten monetary policy further. Broader market sentiment also improved after progress in U.S.-Iran talks helped reduce fears of major disruptions in the Strait of Hormuz, keeping oil prices in check.
Despite continued weakness in some semiconductor and AI-related stocks, gains across multiple sectors helped support the benchmark index.
US Stock Market Today: Market Outlook
Wall Street is expected to remain data-driven over the coming sessions. Investors are closely monitoring employment data, Federal Reserve policy expectations, second-quarter earnings season, and ge...