Daily Digest DOW NASDAQ S&P 500 RUSSELL 2000 US stocks ended mixed to lower as chip weakness pressured Nasdaq and the Dow reversed from a record high while investors weighed softer ISM manufacturing data and cautious Fed remarks ahead of the jobs report - Major indices opened the second half of the year on a softer note, with the Dow (DIA) retreating from a fresh intraday record to close slightly lower alongside declines in the S&P 500 (SPY), Nasdaq Composite (QQQ) and Russell 2000 (IWM) - Tech and semiconductor stocks led the pullback on profit-taking after strong first-half gains, as Micron Technology (MU), Intel (INTC), Sandisk (SNDK), Nvidia (NVDA) and Broadcom (AVGO) all declined and dragged on the Nasdaq - Meta Platforms (META) jumped sharply after reports that it is building a cloud business to sell excess AI computing capacity, helping to offset some of the broader technology weakness - Caterpillar (CAT) sank heavily after reports linked the move to Michael Burry’s renewed AI-related short bets, which some investors interpreted as a warning for the broader equity rally - Bank and financial stocks advanced and consumer discretionary shares outperformed, signaling a modest rotation away from mega-cap technology and some industrials - The ISM Manufacturing PMI for June came in at 53.3, remaining in expansion territory but slightly missing expectations and contributing to a cautious tone - Fed Chair Kevin Warsh said inflation risks had faded somewhat but remained too high, reaffirmed the central bank’s 2% target and offered no clear guidance on a potential July rate move - Bending Spoons (BSP), owner of AOL, surged on its Nasdaq debut, marking one of the session’s most notable new listings - Regencell Bioscience (RGC) and Freedom Holding (FRHC) posted strong gains, extending momentum among select small-cap and specialty financial names - Kroger (KR) drew attention after announcing a $1.65 billion grocery and pharmacy acquisition as traders looked ahead to Thursday’s June jobs report, additional labor data and upcoming earnings for further policy and growth signals