Strong start to the second half | Robinhood's rapid growth | Retail traders miss out on booming IPO market

The S&P 500 rose on Thursday and hit another record high as Wall Street kicked off the second half of 2021 on a positive note.

VIEW IN BROWSER | SUBSCRIBE THU, JUL 01, 2021 EVENING BRIEF AS OF THU, JUL 01, 2021 • 04:54 ET DJIA 34633.53 +0.38% +131.02 S&P 500 4319.94 +0.52% +22.44 NASDAQ 14522.38 +0.13% +18.42   Most Active DOW NAME LAST CHG %CHG AAPL 137.27 +0.31 +0.23% INTC 56.01 -0.13 -0.23% WBA 48.71 -3.90 -7.41% S&P 500 NAME LAST CHG %CHG AMD 93.31 -0.62 -0.66% MU 80.11 -4.87 -5.73% AAPL 137.27 +0.31 +0.23% NASDAQ NAME LAST CHG %CHG AMD 93.31 -0.62 -0.66% MU 80.11 -4.87 -5.73% AAPL 137.27 +0.31 +0.23%   EDITOR'S NOTE The S&P 500 set its sixth-straight record high on Thursday, thanks in large part to a strong day for the oil sector.   U.S. crude rose above $75 per barrel, pulling energy stocks higher. The Energy Select Sector SPDR Fund rose 1.7%. Many Wall Street strategists see the price of oil staying high or even rising higher from here, as travel demand continues to increase while supply is expected to remain low. That could be good news for energy stocks, which have already risen sharply this year.    "We see the U.S. oil and gas producers as probably the best play right now for the rest of the year," investor Dan Pickering from Pickering Energy Partners said on CNBC's "Power Lunch."   Some of the best performing energy stocks on Thursday were Diamondback Energy, rising 6%, and Occidental Petroleum, climbing 5%. Chevron was one of the top performing stocks in the Dow Jones Industrial Average with a 1.4% gain.  Jesse Pound | CNBC Markets Reporter @jesserpound TOP NEWS  S&P 500 hits sixth-straight record, Dow adds 100 points as Wall Street kicks off the second half Robinhood has 18 million accounts with $80 billion in assets after rapid growth, IPO filing shows Robinhood says it cannot assure investors a meme mania won't hit it again Robinhood says dogecoin accounted for 34% of crypto revenue in Q1 Feds seized Robinhood CEO's phone as part of GameStop trading probe Amazon sets a new tone as Jeff Bezos era comes to an end Trump Organization indictment alleges years-long scheme to dodge taxes on executive compensation Investors see value stocks like banks leading the way in the second half, CNBC survey finds Most investors see bitcoin ending the year below $30,000, a CNBC survey shows Job growth likely will look stronger in June report as companies scramble to find workers   TOP VIDEO We have to invest as if there is a tomorrow, says Josh Brown   CNBC PRO The booming IPO market isn't paying off for retail investors   SPECIAL REPORTS Cathie Wood bought shares of this recent China IPO every day this week China stocks should come back in 2021 after tough first half, two traders say   Unsubscribe Manage Newsletters Terms of Service Join the CNBC Panel Digital Products Feedback Privacy Policy   © 2021 CNBC LLC. All rights reserved. A property of NBCUniversal. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632 Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis. Data also provided by THOMSON REUTERS