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stocksJun 29, 2026, 11:59 PM

US Stocks Close Higher as Tech Rebounds Ahead of July Retirement Reset

US stocks ended the quarter on a positive note, led by mega-cap technology shares which recovered from last week's underperformance, as traders looked ahead to the key July 1 retirement-contribution reset.

SPXNDX

US equity markets closed higher into the end of the quarter, with mega-cap technology names bouncing back after lagging the previous week. The rally comes ahead of the structurally important July 1 retirement-contribution reset, which often influences capital flows.

Market participants are now focusing on upcoming earnings reports to sustain the AI-driven rally. The tech sector's rebound helped lift major indices, though broader market breadth remained mixed.

Source: FXStreet Forex News