ADVFN US – Market Content Editor
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Five Market Events Investors Will Be Watching This Week
A packed calendar of economic releases and central bank events will dominate investor attention this week, despite a shortened trading schedule as U.S. markets close on Friday for the Independence Day holiday. The spotlight will also fall on the European Central Bank’s annual Sintra conference and earnings from Nike (NYSE:NKE). 1. U.S. Employment Report The…
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Gold Retreats as Middle East Tensions and Rate Expectations Weigh on Market
Gold prices moved lower on Monday as renewed geopolitical uncertainty and persistent expectations of higher interest rates reduced demand for the non-yielding precious metal. By 07:15 ET (11:15 GMT), spot gold had declined 1.3% to US$4,035.82 per ounce, while gold futures fell 1.1% to US$4,049.92 per ounce. Reports indicated that the United States and Iran…
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Technology Stocks Set to Lift Wall Street at the Open: Dow Jones, S&P, Nasdaq
U.S. stock index futures pointed to a stronger start on Monday, with technology shares expected to drive early gains after last week’s broad sell-off. Nasdaq 100 futures climbed 1.2% ahead of the opening bell, signalling renewed buying interest in the technology sector after the Nasdaq fell more than 4% over the previous week. Investor sentiment…
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SpaceX Shares Rise Ahead of Nasdaq 100 Inclusion on July 7 (SPCX)
SpaceX (NASDAQ:SPCX) shares gained more than 1% in premarket trading on Monday after Nasdaq confirmed the aerospace and satellite communications company will be added to the Nasdaq 100 index on 7 July. The inclusion is expected to generate substantial passive investment demand as exchange-traded funds and other index-tracking products adjust their portfolios to reflect the…
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International Paper to Shut Four North American Facilities by Third Quarter of 2026 (IP)
International Paper (NYSE:IP) has announced plans to close four facilities across North America by the end of the third quarter of 2026 as part of efforts to optimise its manufacturing network and improve long-term competitiveness. According to a press release issued on 26 June 2026, the company will discontinue preprint operations at its Richwood, Kentucky…
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TD Cowen Starts Honeywell Aerospace at Hold Ahead of Market Debut
Honeywell Aerospace (NASDAQ:HONAV) is scheduled to begin trading as a standalone public company on Monday, with TD Cowen launching coverage with a Hold rating, citing expectations for more limited earnings leverage than many of its aerospace sector peers. The brokerage assigned the newly listed company a price target of US$250, highlighting concerns that profit growth…
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Morgan Stanley Lifts Tesla Delivery Forecast on Stronger Europe and China Demand (TSLA)
Morgan Stanley has increased its forecast for Tesla’s (NASDAQ:TSLA) second-quarter vehicle deliveries after stronger-than-expected sales trends in Europe and China, although the bank continues to take a cautious view of the company’s energy storage business. The brokerage now expects Tesla to deliver around 413,000 vehicles during the second quarter, up from its previous estimate of…
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GameStop Shares Edge Higher as Company Reaffirms Pursuit of eBay Acquisition (GME)
GameStop (NYSE:GME) shares rose 1.4% in premarket trading to $22.07 after the video game retailer reaffirmed its intention to pursue the proposed acquisition of eBay, despite the online marketplace rejecting its unsolicited takeover approach. In a regulatory filing, GameStop confirmed that it remains committed to its approximately US$56 billion cash-and-stock proposal after eBay turned down…
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Robinhood Shares Gain as June Trading Activity Reaches New Highs (HOOD)
Robinhood Markets (NASDAQ:HOOD) shares rose 1.1% in premarket trading on Monday after the company released preliminary June operating metrics showing record trading activity across several of its key business segments. The brokerage reported a 60% month-on-month increase in event contract volumes, while options trading climbed 38% and equity trading rose 27%. Cryptocurrency activity also strengthened,…
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Oil Holds Steady as U.S.-Iran Truce Eases Immediate Supply Concerns
Oil prices were little changed on Monday after the United States and Iran agreed to suspend recent military operations, reducing short-term concerns over global energy supplies even as exporters in the Middle East continued loading crude oil and liquefied natural gas following new security incidents. The two countries also committed to restarting negotiations over the…