2026 Washington

• Major US stock indexes experienced mixed results on Thursday, July 2, 2026, as gains across most of Wall Street were offset by declines in specific sectors. • The downturn was driven primarily by chip stocks and other high-performing AI-related companies, which faced significant selling pressure. • This trend highlights a growing volatility in the AI trade, suggesting that investors may be rotating out of high-valuation tech winners into broader market assets.

• Most U.S. stock indexes rose on Wednesday, July 1, 2026, though overall market gains were limited. • The upward trend was tempered by price drops among several influential technology companies, which acted as a drag on the broader indices. • This mixed performance highlights a tension between general market optimism and volatility within the high-growth tech sector.

• The Washington Wizards secured the No. 1 overall pick in the 2026 NBA Draft Lottery on May 10, 2026, topping the full draft order released that day. • Full order lists Utah Jazz at No. 2, Memphis Grizzlies at No. 3, Chicago Bulls at No. 4, LA Clippers at No. 5, Brooklyn Nets at No. 6, Sacramento Kings at No. 7, with Atlanta Hawks at No. 8 and Dallas Mavericks at No. 9. • This victory gives Washington first selection rights in a pivotal draft, potentially landing a franchise-changing talent amid their rebuilding efforts.