--- title: Market Report, 2026-06-29 description: Markets rallied as Fed independence concerns eased, while investors shifted focus to geopolitics, chipmakers, and key economic data ahead. image: https://blog.adamswealthadvisors.com/hubfs/Blake.png --- [Skip to content](https://blog.adamswealthadvisors.com/daily-market-minute/market-report-2026-06-29#main-content) [![AdamsWealth-logo-white](https://blog.adamswealthadvisors.com/hubfs/Imported%20sitepage%20images/AdamsWealth-logo-white.svg "AdamsWealth-logo-white")](https://adamswealthadvisors.com/) [Connect with an Advisor](https://adamswealthadvisors.com/contact-us/) June 29, 2026 # Market Report, 2026-06-29 [Adams Wealth Advisors](https://blog.adamswealthadvisors.com/daily-market-minute/author/adams-wealth-advisors) Share: [facebook-f icon](http://www.facebook.com/share.php?u=https://blog.adamswealthadvisors.com/daily-market-minute/market-report-2026-06-29) [linkedin-in icon](http://www.linkedin.com/shareArticle?mini=true&url=https://blog.adamswealthadvisors.com/daily-market-minute/market-report-2026-06-29) [Twitter icon](https://twitter.com/intent/tweet?url=https://blog.adamswealthadvisors.com/daily-market-minute/market-report-2026-06-29) [pinterest-p icon](http://pinterest.com/pin/create/link/?url=https://blog.adamswealthadvisors.com/daily-market-minute/market-report-2026-06-29) [envelope icon](mailto:?body=https://blog.adamswealthadvisors.com/daily-market-minute/market-report-2026-06-29) Market Report, 2026-06-29 1:56 Your browser does not support the video tag. Stocks rallied in spectacular fashion as we kicked off the week. A surge in the stocks of several megacap technology companies lifted the major stock indices. The Dow rose 307 points to **52,183**. The NASDAQ, a **technology-heavy** index, rose **2.07%** to **25,820**. The S&P 500 gained **1.18%** to **7,440**. Today's story centered on Federal Reserve Governor Lisa Cook, whose attempted removal from office by the U.S. President startled global markets, as it was viewed as a potential threat to the Federal Reserve's independence. The U.S. Supreme Court ruled today that the Fed Governor must be given a reasonable opportunity to defend herself against mortgage fraud allegations before being removed from office. The ruling reassured markets that the executive branch cannot easily remove officials who participate in determining monetary policy. The bond market held steady, with the 5-year U.S. Treasury yield rising **2 basis points** to **4.15%** and the 10-year yield increasing **1 basis point** to **4.38%**. With no economic data released today, attention now turns to geopolitics and company-specific news. In the Middle East, the U.S. and Iran carried out tit-for-tat attacks over the Strait of Hormuz during the weekend. However, the two sides later reached an understanding and agreed to stand down. Nevertheless, the attacks and the ongoing disagreement over toll collection in the vital waterway highlight the continued risks associated with the conflict. Meanwhile, a class-action lawsuit has been filed against memory chipmakers, accusing them of colluding to restrict supplies in violation of antitrust laws. Shares of all three companies retreated slightly following the news. The Chicago Business Barometer, U.S. job openings data, and the Consumer Confidence Survey will be released tomorrow. Adams Wealth Advisors will be back with more updates. [wealth management](https://blog.adamswealthadvisors.com/daily-market-minute/tag/wealth-management), [Daily Market Update](https://blog.adamswealthadvisors.com/daily-market-minute/tag/daily-market-update), [Blake Luper](https://blog.adamswealthadvisors.com/daily-market-minute/tag/blake-luper) ## Related posts [![](https://blog.adamswealthadvisors.com/hs-fs/hubfs/Mitch-CoverPhoto-2.png?height=200&name=Mitch-CoverPhoto-2.png)](https://blog.adamswealthadvisors.com/daily-market-minute/market-report-2026-02-24) [wealth management](https://blog.adamswealthadvisors.com/daily-market-minute/tag/wealth-management), [Daily Market Update](https://blog.adamswealthadvisors.com/daily-market-minute/tag/daily-market-update), [Mitch Greene, M.S., CFP®, ABFP™](https://blog.adamswealthadvisors.com/daily-market-minute/tag/mitch-greene-m-s-cfp-abfp) ## [Market Report, 2026-02-24](https://blog.adamswealthadvisors.com/daily-market-minute/market-report-2026-02-24) [Adams Wealth Advisors](https://blog.adamswealthadvisors.com/daily-market-minute/author/adams-wealth-advisors) February 25, 2026 After the AI-fueled selloff on Monday, stocks experienced a broad-based rebound following a... [Read more](https://blog.adamswealthadvisors.com/daily-market-minute/market-report-2026-02-24) [![](https://blog.adamswealthadvisors.com/hs-fs/hubfs/David-CoverPhoto-2.png?height=200&name=David-CoverPhoto-2.png)](https://blog.adamswealthadvisors.com/daily-market-minute/market-report-2026-03-20) [wealth management](https://blog.adamswealthadvisors.com/daily-market-minute/tag/wealth-management), [David Kastner, CFA](https://blog.adamswealthadvisors.com/daily-market-minute/tag/david-kastner-cfa), [Daily Market Update](https://blog.adamswealthadvisors.com/daily-market-minute/tag/daily-market-update) ## [Market Report, 2026-03-20](https://blog.adamswealthadvisors.com/daily-market-minute/market-report-2026-03-20) [Adams Wealth Advisors](https://blog.adamswealthadvisors.com/daily-market-minute/author/adams-wealth-advisors) March 23, 2026 Oil prices are up more than 45% just three weeks into the Iran war, weighing on stocks again this... [Read more](https://blog.adamswealthadvisors.com/daily-market-minute/market-report-2026-03-20) [![](https://blog.adamswealthadvisors.com/hs-fs/hubfs/Braydon.png?height=200&name=Braydon.png)](https://blog.adamswealthadvisors.com/daily-market-minute/market-report-2026-05-21) [wealth management](https://blog.adamswealthadvisors.com/daily-market-minute/tag/wealth-management), [Braydon Barlow, CFP®](https://blog.adamswealthadvisors.com/daily-market-minute/tag/braydon-barlow-cfp), [Daily Market Update](https://blog.adamswealthadvisors.com/daily-market-minute/tag/daily-market-update) ## [Market Report, 2026-05-21](https://blog.adamswealthadvisors.com/daily-market-minute/market-report-2026-05-21) [Adams Wealth Advisors](https://blog.adamswealthadvisors.com/daily-market-minute/author/adams-wealth-advisors) May 22, 2026 Your browser does not support the video tag. [Read more](https://blog.adamswealthadvisors.com/daily-market-minute/market-report-2026-05-21) ## ![awa_square-1](https://blog.adamswealthadvisors.com/hs-fs/hubfs/awa_square-1.png?width=123&height=123&name=awa_square-1.png) ## 701 S Main, Suite 400 Logan, UT 84321 (435) 752-1702 Monday – Friday 9am – 5pm ## 491 N Bluff St. Ste 200 Saint George, UT 84770 (435) 294-0962 Monday – Friday 9am – 5pm ## Find us   [facebook-f icon](https://www.facebook.com/) linkedin-in icon Twitter icon ## ![awa_square-1](https://blog.adamswealthadvisors.com/hs-fs/hubfs/awa_square-1.png?width=123&height=123&name=awa_square-1.png) ## 701 S Main, Suite 400 Logan, UT 84321 (435) 752-1702 Monday – Friday 9am – 5pm 491 N Bluff St. Ste 200 Saint George, UT 84770                                            [(435) 294-0962](tel:4352940962) Monday – Friday 9am – 5pm ## Links   - [Home](https://adamswealthadvisors.com/) - [Your Plan](https://adamswealthadvisors.com/your-plan/) - [Your Needs](https://adamswealthadvisors.com/your-needs/) - [Investment Management](https://adamswealthadvisors.com/your-needs/#plan-213) - [Team Based Approach](https://adamswealthadvisors.com/team-based-approach/) - [Insights](https://adamswealthadvisors.com/insights/) ## Contact   - [Meet an Advisor](https://adamswealthadvisors.com/meet-an-advisor/) - [Contact Us](https://adamswealthadvisors.com/contact-us/) - [Join Newsletter](https://adamswealthadvisors.com/join-newsletter/) ## Find us   [facebook-f icon](https://www.facebook.com/) linkedin-in icon Twitter icon ## Adams Wealth Management is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance. The information, opinions, and forecasts contained herein are based on sources believed to be reliable, but their accuracy and completeness cannot be guaranteed. All views and information are as of the date indicated and are subject to change without notice. --- [Privacy Policy](https://adamswealthadvisors.com/privacy-policy/)    [Terms and Conditions](https://adamswealthadvisors.com/terms-and-conditions/)    [Cookie Policy](https://adamswealthadvisors.com/cookie-policy/)    [ADV 2A](https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=893993)    [Form CRS](https://reports.adviserinfo.sec.gov/crs/crs_286087.pdf) © 2026 Adams Wealth Advisors | Utah. All rights reserved. ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Adams Wealth Advisors", "url" : "https://blog.adamswealthadvisors.com/daily-market-minute/author/adams-wealth-advisors" }, "dateModified" : "2026-06-30T13:18:51.653Z", "datePublished" : "2026-06-29T21:13:08.000Z", "headline" : "Market Report, 2026-06-29", "image" : [ "https://blog.adamswealthadvisors.com/hubfs/Blake.png" ], "mainEntityOfPage" : { "@id" : "https://blog.adamswealthadvisors.com/daily-market-minute/market-report-2026-06-29", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://blog.adamswealthadvisors.com/hubfs/adamslogo_Black_LARGE.jpg_3000_50.png" }, "name" : "Adams Wealth Advisors" } } ``` ```json { "@context" : "https://schema.org", "@type" : "VideoObject", "contentUrl" : "https://44839133.fs1.hubspotusercontent-na1.net/hubfs/44839133/video_assets/208576964635/inherited/web_optimized.mp4", "dateModified" : "2026-03-02T15:15:56.991Z", "duration" : "PT2M49S", "height" : 720, "name" : "Market Report, 2026-02-24", "thumbnailUrl" : "https://api-na1.hubspot.com/filemanager/api/v3/files/thumbnail-redirect/208576964635?portalId=44839133&size=medium", "uploadDate" : "2026-03-02T15:15:47.033Z", "width" : 720 } ``` ```json { "@context" : "https://schema.org", "@type" : "VideoObject", "contentUrl" : "https://44839133.fs1.hubspotusercontent-na1.net/hubfs/44839133/video_assets/209789357644/inherited/web_optimized.mp4", "dateModified" : "2026-03-23T14:51:45.971Z", "duration" : "PT3M14S", "height" : 720, "name" : "Market Report, 2026-03-20", "thumbnailUrl" : "https://api-na1.hubspot.com/filemanager/api/v3/files/thumbnail-redirect/209789357644?portalId=44839133&size=medium", "uploadDate" : "2026-03-23T14:50:12.950Z", "width" : 720 } ```