News Bulletin

Monday, June 22 2026
Evening Edition

 

Economic Numbers:

 

Time

Event

Actual

Forecast

Previous

Monday, June 22, 2026

9:00

Fed Waller Speaks

11:30

3-Month Bill Auction

0:53

0.0364

14:50

6-Month Bill Auction

0:55

0.0368

 


Indices:
 

 

 

CLOSE

50 DMA

200 DMA

DJIA

51,712.53

50,008.46

48,185.00

NASDAQ

26,166.60

25,619.27

23,552.00

S&P 500

7,472.97

7,342.13

6,913.22

 

Earnings Calendar:

(EPS: Earning Per Share)

 

No Major Earnings today

 

Market News:

The S&P 500 fell on Monday, weighed down by declines in technology stocks and SpaceX. Wall Street also assessed the latest developments in the Iran war negotiations and awaited the release of inflation data closely watched by the Federal Reserve.The broad market index fell 0.4%, while the Nasdaq Composite declined 1.3%. The Dow Jones Industrial Average  added 147 points, or 0.3%, led by a gain in Caterpillar

 

US dollar climbed on Monday as the initial round of U.S.-Iran talks buoyed optimism for a peace deal while the pound was higher in choppy trading after British Prime Minister Keir Starmer announced that he would resign.

 

U.K. Prime Minister Keir Starmer announced Monday that he will stand down as Labour leader and prime minister, ending months of political turmoil and opening a contest to replace him

 

SpaceX stock fell 12% on Monday, continuing a selloff that has seen shares tumble in the past two full days of trading after an initial rally from its record-breaking initial public offering.

 

Facebook parent Meta is investing around $900 million (approximately Rs 8,550 crore) in fintech unicorn CRED through a mix of primary and secondary transactions, the companies announced on Monday.

 

Google-parent Alphabet (NASDAQ:GOOGL) is trading down 6.8% at $343 on Monday, on pace for one of its steepest single-session declines in recent memory, as two high-profile AI departures in less than a week collide with a sharp drop in the company's SpaceX investment.

 

Goldman Sachs has cut its 12-month U.S. recession probability to 15% following the U.S.-Iran agreement, with chief economist Jan Hatzius citing reduced downside risks to the economic outlook and an improvement in underlying labor market resilience.

 

Micron Technology (NASDAQ: MU) caught a massive tailwind on Monday, with shares jumping 5.5% after the memory-chip giant unveiled a deep strategic partnership with AI heavyweight Anthropic. The surge comes as a perfect appetizer for investors just days before Micron’s highly anticipated Wednesday earnings report.

 

Lucid Group (LCID) announced a restructuring plan on June 22, 2026, that includes reducing its U.S. workforce by approximately 18%, affecting full-time employees, contractors, and hourly production workers in manufacturing.

 

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