Shares of banks and other financial institutions ticked down as traders hedged their bets on the outlook for the artificial-intelligence boom. Shares of money managers exposed to tech volatility, including Blue Owl and Blackstone, fell.

A group of Democratic lawmakers is seeking information from brokerage Cantor Fitzgerald about how the firm may have benefited on a rare-earth deal from its ties with Commerce Secretary Howard Lutnick.

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

July 07, 2026 17:35 ET (21:35 GMT)