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News 2026-07-06 17:21 UTC

Midday Fly By: SK Hynix targets U.S. listing, Lockheed to acquire Ultra Maritime

The major averages were higher to start the week as chip stocks rebound after recent weakness. Markets are returning from the holiday weekend with a constructive tone, as investors look to extend last week's rally. Last week's weaker-than-expected labor report reduced some fears of additional near-term Federal Reserve