Semiconductor Surge, Nat Gas Drop, & Jobless Claims Beat

Market News
1. Semiconductor stocks rallied significantly after Micron announced a massive investment of over $250 billion in the U.S. through 2035, boosting shares of related companies.
2. U.S. natural gas futures plummeted 5% to a six-week low due to major maintenance work at the Freeport LNG facility in Texas and a larger-than-expected storage build.
3. Initial jobless claims in the U.S. fell to 215,000 for the week ending July 4th, coming in lower than the forecasted 218,000, indicating a slightly stronger labor market.