Dow Jones and Small caps led the charge at Tuesday’s rally

The Canadian Vanguard Stock Market Report – Tuesday, July 1, 2025 Edition

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The Toronto Market

July 1 is Canada Day.         

The Toronto market was closed today

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The US Markets

The Dow Jones Average index advanced 400.17 points or 0.91%, to close the session at 44,494.94. The S&P 500 index declined -6.94 points or 0.11% to close at 6,198.01. The Nasdaq Composite declined -166.84 points or -0.82%, to close the session at 20,202.89. In small caps, Russell 2000 gained 22.50 points or 1.03% to close at 2197.54. Dow Jones and Russell 2000, the small caps, were the big winners today.

The Market Breadth:  Basic Materials led the sectors on Tuesday as Utilities, down -0.23%, and Technology, down -1.15%, were the only two sectors which declined at the relatively positive market session. Telecommunications Services gained 0.94%; Durable Consumer Goods & Services gained 0.79%; and Financials gained 0.53%. Energy gained 0.44% and Industrials gained 0.41%.

Industry Groups:  The top five industry groups in the US markets today were: Paper Packaging, up 6.03%; Paper Products, up 5.69%; Homebuilding, up 4.23%; Retail – Department Stores, up 3.99%; and Forest & Wood Products, up 3.58%.

Today’s Market Statistics 

At the NYSE, the issues that gained (Advancers) outnumbered the issues that declined (Decliners). There were roughly five Advancers for every two Decliners, or an exact ratio of 2.33-to-1.0. In actual numbers, there were 2,963 Advancers to 1,272 Decliners with 279 Unchanged.

Today, there were 344 new 52-Week Highs and 50 new 52-Week Lows. There were 415 new 52-Week Highs and 70 new 52-Week Lows yesterday.

The total volume of stocks traded today at the NYSE was 6,354,962,852, or about 7% higher than the total volume of 5,918,148,153 shares traded yesterday.

On the NASDAQ, the Advancers outnumbered the Decliners. There were roughly five Advancers for every four Decliners, or an exact ratio of 1.29-to-1.0. In actual numbers, there were 2,576 Advancers to 1,999 Decliners with 238 Unchanged.

Today, there were 198 new 52-Week Highs and 78 new 52-Week Lows. There were 276 new 52-Week Highs and 104 new 52-Week Lows yesterday.

The total volume of shares traded at the NASDAQ today was 8,871,560,545, or 4% higher than the total volume of 8,522,237,558 shares traded yesterday.

Market Roundup Report

Both S&P 500 and NASDAQ were down today as investors sold off growth stocks. Technology stocks declined as the big names in technology came under heavy selling, with mostly -3% or worse decline today. Small caps and blue chips did well. Gold was up, and gold miner stocks did well also. A number of gold mining stocks are now within a buy range. Healthcare stocks had a good session also.

Technology big names suffered, but the stocks that had climbed the last several sessions are even despite the decline today, are still holding out well. Nvidia for example, is still holding above its 10-day line. Stocks need to pull back sometimes, especially after a lengthy run. They need to take a break, pause, consolidate and resume the uptrend later.

Las Vegas Sands (LVS) advanced about 9% today. Similarly, MGM Resorts International (MGM) roared up higher than 7%. Hyatt Hotels (H) gained nearly 5%.

Oil Price:     On Monday, US oil price bounced up on Tuesday and was at $65.75 per barrel. US Oil price was at $65.55 per barrel as of the time (12:30 am ET, Wednesday) of this post update.

10 –year Treasury Yield:   The 10-year Treasury yield eased down to 4.22%. The 10-year yield was at 4.251%, as of the time (12:30 am ET, Wednesday) of this post update.

After-hours action:  Futures are a touch above flat overnight Wednesday morning. Dow Futures was up 66.00 points or 0.15% vs. fair value. S&P 500 futures is up 0.22%, and Nasdaq 100 futures is up 0.31% as of the time (12:30 am ET, Wednesday) of this post update.

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NOTICE TO READERS

Our readers are strongly advised to conduct their research into individual stocks before making a purchase decision. In addition, investors are advised that past stock performance is no guarantee of future price appreciation. Any recommendation is not a guarantee of any particular stock’s future prices, and The Canadian Vanguard  accepts no responsibility or liability for investors’ or readers’ purchases.

The Canadian Vanguard’s Stock Market Reports, https://www.thecanadianvanguard.com/category/stock-markets/ are composed by senior Financial Industry and Information Technology professionals. We deliberately neither engage nor deploy AI tools to produce these reports.