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U.S. Stocks Hit New High as Nasdaq Surges Over 1%, Bitcoin Rebounds 4% After Trump Endorsement

Stocks Price Volatility Indices Market Analysis Commodities Macroeconomics

2026-07-06 23:21:44

BTC0.17%

CL0.70%

On July 6, the Nasdaq climbed over 1 percent to reverse two consecutive losses, while the Dow Jones Industrial Average reached another record high. The Philadelphia Semiconductor Index rose more than 2 percent, with AMD gaining 6.6 percent. Bitcoin staged a sharp V-shaped recovery, rebounding over 4 percent following Trump's self-described crypto "devotion." Meanwhile, WTI crude oil fell to its lowest level since before the U.S.-Iran conflict escalated. U.S. June ISM Services Index declined to 54, though corporate hiring unexpectedly improved and cost pressures dropped to a four-month low.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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