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fxJul 7, 2026, 8:25 AM

US Stocks Rise, Dow Hits Record High; Focus on RBNZ

US equity markets ended Monday in positive territory, with the S&P 500 up 0.7% and the Dow Jones hitting a fresh all-time high. Traders are now eyeing the Reserve Bank of New Zealand decision.

SPXDJI

Wall Street closed higher on Monday, with the S&P 500 gaining 0.7% and finishing near session highs. The Dow Jones Industrial Average notched its second straight positive session and set a new all-time record, though the exact level was not disclosed in the report.

Meanwhile, market attention is shifting to the upcoming Reserve Bank of New Zealand (RBNZ) monetary policy decision, which could influence currency markets. The post also noted a decline in semiconductor stocks ("chips down") and a rise in oil prices.

Source: FXStreet Forex News