--- title: "Gold Moves Higher; ISM Services PMI Eases In June" type: "News" locale: "en" url: "https://longbridge.com/en/news/291827553.md" description: "U.S. stocks traded mixed on Monday; the Dow fell 0.07% while the NASDAQ and S&P 500 rose. Tech shares gained 2%, whereas consumer staples dropped 1.9%. The ISM services PMI declined to 54.0 in June. In corporate news, Terawulf surged 13% on a lease deal, AXT jumped 18% on an agreement, and KIDZ AI rallied 109%. Conversely, REE Automotive plummeted 65% after receiving a Nasdaq delisting notice. Commodities saw gold rise 0.8% to $4,158.60, while European markets generally declined." datetime: "2026-07-06T16:02:36.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/291827553.md) - [en](https://longbridge.com/en/news/291827553.md) - [zh-HK](https://longbridge.com/zh-HK/news/291827553.md) --- # Gold Moves Higher; ISM Services PMI Eases In June U.S. stocks traded mixed midway through trading, with the Dow Jones index falling around 0.1% on Monday. The Dow traded down 0.07% to 52,861.61 while the NASDAQ rose 1.36% to 26,183.03. The S&P 500 also rose, gaining, 0.69% to 7,535.19. **Leading and Lagging Sectors** Information technology shares jumped by 2% on Monday. In trading on Monday, consumer staples stocks fell by 1.9%. **Top Headline** The ISM services PMI declined to 54.0 in June from 54.5 in May, in-line with market estimates. **Equities Trading UP**            - **Terawulf Inc (NASDAQ:WULF)** shares shot up 13% to $23.84 after the company announced it executed a 20-year lease deal with Anthropic at its Justified Data campus. Also, the company announced it will sell its 50.1% ownership interest in Abernathy Joint Venture. - Shares of **AXT Inc** (NASDAQ:AXTI) got a boost, surging 18% to $66.87. AXT-Tongmei entered into a master development and supply agreement with Coherent effective June 25. - **KIDZ AI Inc (**NASDAQ:KIDZ) shares were also up, gaining 109% to $1.42 after the company announced it unveiled KIDZBot, an AI Robotics learning platform **Equities Trading DOWN** - **REE Automotive Ltd (**NASDAQ:REE) shares dropped 65% to $0.072. REE Automotive announced the receipt of Nasdaq delisting notice. - Shares of **Alarum Technologies Ltd – ADR (**NASDAQ:ALAR) were down 49% to $3.23 after the company announced it decided to temporarily pause traffic through the relevant network services for several days. - **Solstice Advanced Materials Inc** (NASDAQ:SOLS) was down, falling 12% to $70.30 after the company announced that it will acquire Element Solutions for approximately $14.5 billion in cash and stock. **Commodities** In commodity news, oil traded up 0.1% to $68.74 while gold traded up 0.8% at $4,158.60. Silver traded up 2% to $62.275 on Monday, while copper rose 0.8% to $6.2165. **Euro zone** European shares were lower today. The eurozone’s STOXX 600 fell 0.5%, while Spain’s IBEX 35 Index fell 0.7%. London’s FTSE 100 fell 0.4%, Germany’s DAX declined 0.1%, while France’s CAC 40 slipped 0.4%. **Asia Pacific Markets** Asian markets closed mixed on Monday, with Japan’s Nikkei 225 falling 0.009%, Hong Kong’s Hang Seng index gaining 1.14%, China’s Shanghai Composite slipping 0.06% and India’s BSE Sensex gaining 0.67%. **Economics** - The S&P Global services PMI climbed to 51.2 in June from 50.7 in the prior month, but slightly lower from the flash reading of 51.3. - The S&P Global composite PMI rose to 51.9 in June from 51.5 in the previous month, but down from the preliminary reading of 52.2. - The ISM services PMI declined to 54.0 in June from 54.5 in May, in-line with market estimates. _Photo via Shutterstock_ ### Related Stocks - [KIDZ.US](https://longbridge.com/en/quote/KIDZ.US.md) - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) - [AXTI.US](https://longbridge.com/en/quote/AXTI.US.md) - [WULF.US](https://longbridge.com/en/quote/WULF.US.md) - [.IXIC.US](https://longbridge.com/en/quote/.IXIC.US.md) - [.DJI.US](https://longbridge.com/en/quote/.DJI.US.md) - [REE.US](https://longbridge.com/en/quote/REE.US.md) - [IAU.US](https://longbridge.com/en/quote/IAU.US.md) - [VOO.US](https://longbridge.com/en/quote/VOO.US.md) - [QQQ.US](https://longbridge.com/en/quote/QQQ.US.md) - [GLDM.US](https://longbridge.com/en/quote/GLDM.US.md) - [GLD.US](https://longbridge.com/en/quote/GLD.US.md) - [GLDW.US](https://longbridge.com/en/quote/GLDW.US.md) - [QQQM.US](https://longbridge.com/en/quote/QQQM.US.md) - [DIA.US](https://longbridge.com/en/quote/DIA.US.md) - [SGOL.US](https://longbridge.com/en/quote/SGOL.US.md) - [WULX.US](https://longbridge.com/en/quote/WULX.US.md) - [GOLD.AU](https://longbridge.com/en/quote/GOLD.AU.md) - [UGL.US](https://longbridge.com/en/quote/UGL.US.md) - [SPY.US](https://longbridge.com/en/quote/SPY.US.md) - [IVV.US](https://longbridge.com/en/quote/IVV.US.md) - [SPLG.US](https://longbridge.com/en/quote/SPLG.US.md) - [SPXL.US](https://longbridge.com/en/quote/SPXL.US.md) - [UPRO.US](https://longbridge.com/en/quote/UPRO.US.md) - [SSO.US](https://longbridge.com/en/quote/SSO.US.md) - [SH.US](https://longbridge.com/en/quote/SH.US.md) - [SPXS.US](https://longbridge.com/en/quote/SPXS.US.md) - [SPXU.US](https://longbridge.com/en/quote/SPXU.US.md) - [SDS.US](https://longbridge.com/en/quote/SDS.US.md) - [SPYI.US](https://longbridge.com/en/quote/SPYI.US.md) - [JEPI.US](https://longbridge.com/en/quote/JEPI.US.md) - [XYLD.US](https://longbridge.com/en/quote/XYLD.US.md) - [AXTU.US](https://longbridge.com/en/quote/AXTU.US.md) - [AXTX.US](https://longbridge.com/en/quote/AXTX.US.md) - [ONEQ.US](https://longbridge.com/en/quote/ONEQ.US.md) - [QQEW.US](https://longbridge.com/en/quote/QQEW.US.md) - [QQQE.US](https://longbridge.com/en/quote/QQQE.US.md) - [TQQQ.US](https://longbridge.com/en/quote/TQQQ.US.md) - [QLD.US](https://longbridge.com/en/quote/QLD.US.md) - [PSQ.US](https://longbridge.com/en/quote/PSQ.US.md) - [SQQQ.US](https://longbridge.com/en/quote/SQQQ.US.md) - [QID.US](https://longbridge.com/en/quote/QID.US.md) - [DDM.US](https://longbridge.com/en/quote/DDM.US.md) - [UDOW.US](https://longbridge.com/en/quote/UDOW.US.md) - [DOG.US](https://longbridge.com/en/quote/DOG.US.md) - [SDOW.US](https://longbridge.com/en/quote/SDOW.US.md) - [DXD.US](https://longbridge.com/en/quote/DXD.US.md) - [TGT.US](https://longbridge.com/en/quote/TGT.US.md) - [COST.US](https://longbridge.com/en/quote/COST.US.md) - [KR.US](https://longbridge.com/en/quote/KR.US.md) - [COHR.US](https://longbridge.com/en/quote/COHR.US.md) - [ALAR.US](https://longbridge.com/en/quote/ALAR.US.md) - [SOLS.US](https://longbridge.com/en/quote/SOLS.US.md) - [ESI.US](https://longbridge.com/en/quote/ESI.US.md) - [00HSI.HK](https://longbridge.com/en/quote/00HSI.HK.md) - [KIDZW.US](https://longbridge.com/en/quote/KIDZW.US.md) - [SOLSV.US](https://longbridge.com/en/quote/SOLSV.US.md) ## Related News & Research - [Gold Price Is On Solid Foundations As Global Demand Holds Up](https://longbridge.com/en/news/295249335.md) - [U.S. economy keeps up the momentum, but rising costs put a cap on new hiring](https://longbridge.com/en/news/294981419.md) - [PRECIOUS-Gold holds ground with Middle East turmoil, US jobs data in focus](https://longbridge.com/en/news/294771926.md) - [BREAKINGVIEWS-China wants more than a Fort Knox from Hong Kong](https://longbridge.com/en/news/295172133.md) - [LIVE MARKETS-Life after the Fed put](https://longbridge.com/en/news/294717422.md)