🕟 Record Highs, Bill Passes

Good Afternoon. We're on the brink of Independence Day celebrations. Whether you're prepping for fireworks or just enjoying the long weekend vibes, stay safe out there and we’ll see you on Monday.

—Rosie, Wyatt, Evan & Conor

đź’° Markets

S&P 500

$SPX ( â–˛ 0.83% ) 

Dow Jones

$DJI ( â–˛ 0.77% ) 

NASDAQ 100

$QQQ ( â–˛ 0.98% ) 

iShares 7–10 Year Treasury

$IEF ( â–Ľ 0.35% ) 

Bitcoin

$BTC.X ( â–˛ 0.6% ) 

Volatility Index

$VIX ( â–Ľ 1.56% ) 

🔍 U.S. Sector Focus:

🔥 What’s Hot: 🔥

  • Jobs Apparently: The US economy added 147,000 nonfarm payrolls in June, more than the 106,000 expected by economists. The opposite of what ADP saw yesterday.

❄️ What’s Not: ❄️

  • Interest Rate Cuts: With the better than expected jobs report, the Fed likely won’t be in a hurry to cut rates.

 đź‡şđź‡¸ U.S. News

1. Nvidia on track become world's most valuable company in history

The News: Nvidia is on track to become the most valuable company ever, driven by strong demand for its AI chips and robust financial performance.

Why It Matters: This milestone underscores the tech sector's and AI’s continued dominance, potentially boosting your 401(k) or tech stock investments.
Source: reuters.com

2. Solid US job growth masks loss of labor market momentum

The News: U.S. job growth remains solid, but underlying data suggest a slowdown in labor market momentum.

Why It Matters: While the surface looks shiny, a potential slowdown could affect wage growth and job security. Keep an eye on your job market prospects and salary negotiations.
Source: reuters.com

3. U.S. Stocks Reach Another Closing High After Jobs Report Stronger Than Expected

The News: U.S. stocks closed at new highs as a robust jobs report boosted market sentiment.

Why It Matters: Your investment portfolio might be feeling the love. Record highs mean your retirement accounts or stock investments could see a nice bump. For value investors, remember to be fearful when everyone else is greedy.
Source: wsj.com

4. Trump’s big bill just passed the House. Here are its winners and losers.

The News: The U.S. House has passed President Trump's sweeping new bill, impacting various sectors and income groups.

Why It Matters: Depending on your tax bracket, this could mean more money in your pocket—or not. Check how the changes might affect your tax returns. It’s a big deal.
Source: marketwatch.com

🌎 World News

1. Ghana’s Domestic Bond Yields Fall as Inflation Data Spurs Demand

The News: Ghana's domestic bond yields have declined following new inflation data, increasing demand for the country's debt.

Why It Matters: If you're diversifying into emerging markets, Ghana's bonds might be worth a look. Lower yields suggest growing investor confidence, which could mean stability for your international investments.
Source: bloomberg.com

2. Thousands of passengers hit by French air traffic control strikes

The News: French air traffic control strikes have disrupted travel for thousands at the start of the summer travel season.

Why It Matters: If you're planning a European getaway, brace for potential delays. Travel disruptions could add unexpected costs to your vacation budget.
Source: bbc.com

3. Trump Wants the World to Squeeze Out China. He’s Starting With Vietnam.

The News: President Trump is pushing a new trade deal with Vietnam to reduce global reliance on China.

Why It Matters: This shift could affect global supply chains and prices. If you're in manufacturing or import/export, keep an eye on how this might change your cost structures. As a consumer, keep an eye the things you buy.
Source: nytimes.com

Thursday To-Do List

âś… Bonus Cash: Open a new checking account and complete qualifying activities to earn a $300+ bonus.* Easy money.
âś… Step Count Race: Challenge yourself to take 1,000 extra steps today over your usual average—track and celebrate even small wins.
âś… Cook: Black Bean Sweet Potato Enchiladas – Flavor-packed and veggie-loaded from Cookie and Kate

*A message from our sponsor or affiliate link.

MCAT® Vocab Word of the Day

Acid:

A chemical substance that neutralizes alkalis, dissolves some metals, and turns litmus red; typically, a corrosive or sour-tasting liquid of this kind.

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