U.S. and international equities were mixed Thursday, though most finished the week positive.
Below are highlights from the NDW Morning Update Video for the morning of 7/6/2026. Access the the video on the NDW Morning Update Video page.
- U.S. and international equities were mixed Thursday (7/2), though most finished the week positive.
- The Dow Jones Industrial Average (.DJIA) led the way to the upside, up 1% Thursday, as the index rallied near 53,000, while the Nasdaq-100 (NDX) led to the way to the downside, down 1.6%. NDX, along with the Russell 2000 (RUT), reversed into Os on their default point and figure trend chart, but both continue to maintain buy signals.
- A notable divergence within international markets Thursday with the iShares MSCI EAFE ETF (EFA) leading all indices, up 1.3%, while the iShares MSCI Emerging Markets ETF (EMM) fell more than 1%. EEM’s chart continued lower in its current column of Os on its default point and figure chart, forming a double bottom and potential sell signal for the first time in 12 months or more.
- After seeing the bullish percent for the S&P 500 (^BPSPX) reverse into Xs on the first trading day of July, the long-term positive trend for the large cap index ^PTSPX returned to bull confirmed status for the first time since late 2024. In addition to highlighting a slight increase in large cap stocks maintaining buy signals, the ^PT’s move higher shows stocks are also seeing trends change back to positive.
- This week will kick off the beginning stages of Q2 earnings season with the likes of Pepsi (PEP) and Delta Air Lines (DAL) reporting this Thursday (7/9) and Friday (7/10).
- South Korean chip maker, SK Hynix, announced Monday (7/6) it will be listing ADRs on Nasdaq.
- Fed minutes are due to be released this coming Wednesday (7/8).