S&P 500 Enters July on 11-Year Winning Streak as Dip-Buying History Signals Upside

As of July 1 2026 the S&P 500 enters the month riding an 11-year winning streak for July despite closing June nearly 3 percent lower. The index posted its longest daily losing streak since August and finished the final week of June down 2.0 percent, leaving it 3.4 percent below the June 2 record. Historical data shows the last eight negative Junes were followed by positive Julys averaging more than 2 percent gains, while the equal-weight S&P 500 remains stronger year-to-date at 11.0 percent versus 7.4 percent for the cap-weighted index, supporting a constructive seasonal outlook for further H2 gains.