Today in News History

On July 2, several notable moments in the history of News stand out. In 1698, Thomas Savery patents the first steam engine. In 1890, The U.S. Congress passes the Sherman Antitrust Act. In 1932, Dave Thomas, American businessman and philanthropist, founded Wendy's (died 2002) was born. In 1961, Clark Kellogg, American basketball player and sportscaster was born. In 1963, Alicia Patterson, American publisher, co-founded Newsday (born 1906) passed away. In 1994, Derrick White, American basketball player was born. In 1997, The Bank of Thailand floats the baht, triggering the Asian financial crisis. In 2003, Briggs Cunningham, American race car driver and businessman (born 1907) passed away. In 2013, Anthony Llewellyn, Welsh-American chemist, academic, and astronaut (born 1933) passed away. In 2019, Lee Iacocca, American automotive executive (born 1924) passed away. Together, these milestones provide historical context for today's news news and ongoing narratives.

Tech Selloff Drags S&P 500 (SPY) And Nasdaq (QQQ) Lower As Rotation Into Blue-Chip Stocks Gains Steam

Foreign Policy Journal

July 2, 2026

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Tech Selloff Drags S&P 500 (SPY) And Nasdaq (QQQ) Lower As Rotation Into Blue-Chip Stocks Gains Steam

Markets closed mixed on Wednesday as investors pulled profits from a historic semiconductor rally and shifted capital into economically-sensitive and industrial stocks. The SP 500 (NYSE: SPY) fell 0.2, the Nasdaq 100 (NASDAQ: QQQ) declined 1.5, and the Dow Jones Industrial Average (NYSE: DIA) ended the session flat. The Russell 2000, which tracks small-cap stocks, [] The post Tech Selloff Drags SP 500 (SPY) And Nasdaq (QQQ) Lower As Rotation Into Blue-Chip Stocks Gains Steam appeared first on Foreign Policy Journal.

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