Trading started on Tuesday, 1 July 2025, with Wall Street making DJIA slight gains as investors settle into the third quarter. The index opened higher by 85 points (0.2%), trading in a range near the 42,000 level. Traders are looking at a handful of key stocks that could help shape July’s trading.
Boeing (BA) Rises on News of Defense Contract
Boeing shares rose 2.8 percent in early trading after the company announced a DJIA $7.2 billion contract to provide F-15EX fighter jets to the U.S. Air Force and allied nations. It’s a welcome piece of news after months of struggles in Boeing’s commercial aircraft division. Analysts at Morgan Stanley upgraded the stock to “overweight,” noting improving defense revenue streams.
Strong AI Phone Demand Lifts Apple’s (AAPL) Stock. The stock of Apple Inc. (AAPL) has gone up by 1.71% today, March…
The collection-focused Apple gained 1.9 percent after pre-order data for DJIA its new iPhone Pros appeared stronger than expected. The use of AI in the tech giant’s new features seems to be generating interest among consumers, with analysts from Wedbusch forecasting the iPhone 13 could be Apple’s largest product cycle since the iPhone 12. The stock is close to its all-time high, which the company set in June.
MSFT: Microsoft (MSFT) Steady in Anticipation of Cloud Report
Microsoft shares were static (0.1%), holding steady as investors looked DJIA ahead to tomorrow’s update on the company’s Azure cloud computing division. The company’s cloud business has been a key driver of growth, with analysts predicting revenue in the segment to jump 22% from a year ago. Any indication of a slowdown in corporate spending could weigh on the stock, which was up 18% this year.
JPMorgan (JPM): Rate Cut Bets Help the Stock
JPMorgan Chase rose 1.3% as the bond market priced in a September rate cut by the Federal Reserve. The bank should be able to increase its net interest margins if rates start falling later this year. The stock could be in play further this afternoon, when CEO Jamie Dimon is set to speak at an economic forum.
Walmart Up Slightly Ahead Of Consumer Data
Walmart WSJ Walmart shares were up 0.7% heading into the critical 10 AM ET release DJIA of the June Consumer Confidence Index. Walmart, the country’s largest retailer, is considered a barometer of broader consumer spending. As shoppers get ready to head back to school, the upbeat data could point to solid July sales for the retail giant.
Intel (INTC) Sinks On Chip Delay Fears
Intel was down 2.5% after industry publications reported potential delays in its next-generation Arrow Lake processors. The semiconductor maker has been trying to claw back market share from AMD and Nvidia, but the news raises new questions about its competitive footing. Intel’s management has scheduled a call with analysts this afternoon to discuss the reports.
Market Sentiment Boosted by Strong Delivery Numbers From Tesla
And though not a Dow member, Tesla is up 5.2% after posting record quarterly vehicle deliveries, helping to lift the mood in the wider market. The EV maker’s strength is giving a particular lift to industrial and tech stocks, with suppliers like Honeywell and 3M edging higher early on.
Markets Could Be Moved by Key Economic Data
Today’s main event comes at 10 AM ET, and that will be the ISM Manufacturing DJIA PMI, seeing as how economists have a little more confidence in its forecast error being lower than ADP. Economists expect a reading of 51.5, suggesting a modest expansion. A stronger number could lift cyclical stocks, and a weaker reading could reanimate fears of a recession and benefit defensive sectors.
Federal Reserve Speakers in Focus
Three Federal Reserve officials are set to speak today, including a voting member, Mary Daly. Markets will parse any comments about the timing of potential rate cuts. Now, futures markets are pricing in a 68% chance of a September rate cut, compared with 55% last week.
