business
US stocks rise and trim their losses for June
By Associated Press at Odessa American (oaoa.com)
· June 30, 2026
· 4 min read
By STAN CHOE
AP Business Writer
NEW YORK U.S. stocks rose Tuesday and trimmed their losses in what had been a rocky June.
The S&P 500 gained 0.8%, though it still fell to its first losing month following two fabulous ones. The Dow Jones Industrial Average added 136 points, or 0.3%, to its record...
Key takeaway The Dow Jones Industrial Average added 136 points, or 0.
Why this matters in The Odessa
The recent uptick in US stocks, particularly in the artificial-intelligence industry, may have a ripple effect on the Permian Basin's economy. As a major hub for the energy industry, Odessa 's economic fortunes are often tied to the performance of the stock market. The fact that AI stocks, including Nvidia, are regaining some ground could be a positive sign for local investors and businesses. Additionally, the report on US employers advertising more job openings than expected could indicate a continued strong job market in the region, which has historically been driven by the energy sector. However, the mixed signals on consumer confidence and the concerns about AI productivity and profits may also impact local businesses and households, making it essential for Odessa residents to keep a close eye on these developments and their potential impact on the local economy.
About this story
Original reporting by Odessa American (oaoa.com) . The Odessa surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit Odessa American (oaoa.com) . Have a tip or correction? Contact our newsroom .
Category: business ·
Published: June 30, 2026 ·
Source: Odessa American (oaoa.com) ·
Reading time: 4 min
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What is this story about? By STAN CHOE
AP Business Writer
NEW YORK U.S. stocks rose Tuesday and trimmed their losses in what had been a rocky June.
The S&P 500 gained 0.8%, though it still fell to its first losing month following two fabulous ones. The Dow Jones Industrial Average added 136 points, or 0.3%, to its record...
When was this published? This article was first published on June 30, 2026 by Odessa American (oaoa.com) and curated for The Odessa readers.
Who reported this story? This story was reported by Associated Press at Odessa American (oaoa.com). To learn more about how The Odessa selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more business coverage from The Odessa, or browse our daily briefing and topic hubs .
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