US open: Stocks higher amid tech gains, easing Middle East tensions
By Iain Gilbert
Date: Monday 29 Jun 2026
(Sharecast News) - Major indices traded higher at the open on Monday, with technology shares rebounding after a difficult week, while investors monitored a pause in hostilities between the US and Iran that left questions over the durability of the agreement and the outlook for Middle East oil supplies.
As of 1455 BST, the Dow Jones Industrial Average was up 0.75% at 52,263.75, while the S&P 500 advanced 0.88% to 7,418.96 and the Nasdaq Composite came out of the gate 1.34% firmer at 25,637.75
The Dow opened 387.64 points higher on Monday after Washington and Tehran agreed on Sunday to halt attacks and allow commercial vessels to move freely through the Strait of Hormuz, following a weekend of military exchanges that threatened to derail efforts to end their conflict.
The US struck Iranian military sites over the weekend in response to Iranian attacks in the strait, with Donald Trump later warning of further action, saying "United States aircraft just struck Iranian missile and drone storage locations, and coastal radar sites, for violating the Cease Fire Agreement, AGAIN!"
Oil prices traded higher at the start of the week as traders assessed whether the pause would hold and ease supply‑risk concerns, with Brent futures up 0.67% at $72.47 a barrel, while West Texas Intermediate gained 1.2% to $70.06 a barrel.
Traders were also keeping a keen eye on the tech sector following last week's major swings, with Arm leading early gains, while Marvell, Micron Technology and Intel all traded higher. SpaceX also opened in the green after the satellite company announced it would be fast‑tracked into the Nasdaq 100 next month.
Elsewhere, Comcast rallied after announcing plans to spin off its media and technology operations into two separately listed companies.
On the macro front, the Dallas Federal Reserve's June manufacturing business index will be released at 1530 BST.
Reporting by Iain Gilbert at Sharecast.com
Dow Jones - Risers
Microsoft Corp. (MSFT) $376.76 6.03%
Apple Inc. (AAPL) $285.85 3.99%
Goldman Sachs Group Inc. (GS) $1,032.59 1.49%
Amgen Inc. (AMGN) $360.35 1.42%
Visa Inc. (V) $340.35 1.23%
Nike Inc. (NKE) $41.09 0.83%
Walt Disney Co. (DIS) $99.45 0.74%
Salesforce.Com Inc. (CRM) $158.05 0.70%
McDonald's Corp. (MCD) $270.76 0.53%
Caterpillar Inc. (CAT) $995.91 0.51%
Dow Jones - Fallers
Verizon Communications Inc. (VZ) $44.26 -3.73%
Intel Corp. (INTC) $124.18 -2.67%
Unitedhealth Group Inc. (UNH) $422.91 -0.89%
Merck & Co. Inc. (MRK) $126.97 -0.85%
Home Depot Inc. (HD) $346.30 -0.44%
Procter & Gamble Co. (PG) $148.76 -0.43%
International Business Machines Corporation (CDI) (IBM) $270.51 -0.41%
Salesforce.Com Inc. (CRM) $158.05 -0.40%
Johnson & Johnson (JNJ) $253.82 -0.33%
Cisco Systems Inc. (CSCO) $115.89 -0.29%
S&P 500 - Risers
Charter Communications Inc. (CHTR) $150.06 17.98%
Comcast Corp. (CMCSA) $24.91 10.81%
Fortune Brands Innovations, Inc. (FBIN) $48.88 7.48%
TripAdvisor Inc. (TRIP) $13.70 7.11%
Biogen Inc (BIIB) $215.79 6.58%
Microsoft Corp. (MSFT) $376.76 6.03%
Cadence Design Systems Inc. (CDNS) $381.82 5.91%
Intuit Inc. (INTU) $274.44 5.21%
Gen Digital Inc. (GEN) $24.78 4.78%
Adobe Systems Inc. (ADBE) $205.90 4.73%
S&P 500 - Fallers
Coterra Energy Inc. (CTRA) $32.56 -8.62%
Western Digital Corp. (WDC) $595.72 -7.79%
Seagate Technology Plc (STX) $902.51 -7.11%
Martin Marietta Mtrl (MLM) $587.24 -6.11%
Texas Instruments Inc (TXN) $284.21 -5.80%
QUALCOMM Inc. (QCOM) $189.68 -4.65%
Intel Corp. (INTC) $124.18 -4.07%
Under Armour Inc. Class A (UAA) $6.05 -3.74%
Verizon Communications Inc. (VZ) $44.26 -3.73%
Perrigo Company plc (PRGO) $9.56 -3.47%
Nasdaq 100 - Risers
Charter Communications Inc. (CHTR) $150.06 17.98%
Comcast Corp. (CMCSA) $24.91 10.96%
Workday, Inc. (WDAY) $125.69 8.44%
Baidu Inc. (BIDU) $108.82 7.77%
NetEase Inc. Ads (NTES) $128.71 7.36%
Mercadolibre Inc. (MELI) $1,697.27 6.33%
Biogen Inc (BIIB) $215.79 6.18%
Microsoft Corp. (MSFT) $376.76 6.03%
Cadence Design Systems Inc. (CDNS) $381.82 5.99%
Check Point Software Technologies Ltd. (CHKP) $131.11 5.56%
Nasdaq 100 - Fallers
Qvc Group Inc Series A (QVCGA) $0.34 -13.49%
Western Digital Corp. (WDC) $595.72 -7.75%
Seagate Technology Plc (STX) $902.51 -7.67%
Texas Instruments Inc (TXN) $284.21 -5.80%
QUALCOMM Inc. (QCOM) $189.68 -5.64%
Intel Corp. (INTC) $124.18 -4.07%
Analog Devices Inc. (ADI) $390.02 -2.87%
Micron Technology Inc. (MU) $1,092.47 -2.67%
Microchip Technology Inc. (MCHP) $87.69 -2.36%
Ulta Salon, Cosmetics & Fragrance Inc. (ULTA) $476.35 -2.07%
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