U.S. stocks ended higher across the board on Monday as the Dow, S&P 500, and Nasdaq all posted solid gains to close out the month on a strong note. Apple (AAPL) rose after unveiling new iPhone AI features set to launch this fall, while Advanced Micro Devices (AMD) climbed alongside continued bullish sentiment in the chip sector. JPMorgan Chase (JPM) and Wells Fargo (WFC) gained as banks extended last week’s stress test relief rally. UnitedHealth Group (UNH) led healthcare stocks after issuing a confident full-year outlook, and General Motors (GM) advanced on better-than-expected EV delivery numbers. In consumer names, Costco (COST) pushed higher on signs of durable demand and rising foot traffic, while Delta Air Lines (DAL) caught a tailwind from strong Fourth of July travel forecasts. On the lagging side, ExxonMobil (XOM) and Freeport-McMoRan (FCX) dipped slightly as energy and metals were outpaced by risk-on sectors. With month-end flows and quarter-end positioning in play, the tone remained broadly constructive as investors leaned back into leadership ahead of the summer earnings cycle. Market Drivers: 📱Technology: Apple Pops, AMD Climbs: Apple (AAPL) rallied after unveiling new AI features for the upcoming iPhone lineup, fueling optimism around fall product demand. Advanced Micro Devices (AMD) gained as enthusiasm continued to build around AI acceleration and data center chip performance heading into Q3. 🏦 Financials: JPMorgan Extends Gains, Wells Fargo Rises: JPMorgan Chase (JPM) advanced as confidence grew around its trading desk momentum and capital strength post-stress test. Wells Fargo (WFC) followed, supported by improving sentiment in consumer banking and credit quality metrics. 🚗 Automotive: General Motors Jumps, Lucid Slips: General Motors (GM) rose after reporting a surprise increase in EV deliveries and reaffirming its full-year targets. Lucid Group (LCID), however, edged lower as concerns around cash burn and demand elasticity in the luxury EV segment lingered. 🏥 Healthcare: UnitedHealth Rises, Moderna Softens: UnitedHealth Group (UNH) gained after reiterating full-year guidance and highlighting stability in Medicare Advantage enrollments. Moderna (MRNA) dipped modestly as vaccine revenue concerns and trial updates drew a mixed investor reaction. 🍔 Consumer Discretionary: Costco Climbs, Delta Gains: Costco (COST) climbed on strong June traffic data and signals of sustained high-income consumer resilience. Delta Air Lines (DAL) advanced ahead of the July 4th holiday, buoyed by strong travel forecasts and capacity growth momentum. Trump’s Fast-Track Plan: These 3 Stocks Are Set to Soar[ad] |