CroatiaThe Dow Jones index reached a new record high of 52,900 points, rising by 1.14%, while the S&P 500 remained nearly unchanged at 7,483 points. The Nasdaq index fell by 0.80% to 25,832 points. Semiconductor producers experienced the largest decline in stock prices, dropping more than 5% due to a correction after strong growth in the previous quarter. Despite recent declines, this sector has seen a year-to-date increase of around 78%. Bruce Zaro from Granite Wealth Management suggested investors are likely withdrawing profits from this sector after its strong performance at the start of the year. Apple shares rose almost 5% following reports that the technology giant plans to launch five new iPhone models, which supported all three major indices, helping the Dow Jones reach a new record level for the fourth consecutive day. However, employment data showed only a 57,000 increase in jobs in June, below the expected 110,000, which positively impacted the market as investors believe the Federal Reserve will not significantly raise interest rates due to weak labor market conditions. Despite this, the Fed is still expected to increase interest rates by at least 0.25 percentage points this年内
Bias read (Center): The article provides factual economic data and quotes from financial experts without apparent ideological framing or biased language. It covers stock market movements, industry-specific trends, and economic indicators without taking a stance on political issues.
