News Bulletin

Monday, June 01 2026
Evening Edition

 

Economic Numbers:

Time

Event

Actual

Forecast

Previous

Monday, June 1, 2026

8:30

Fed Waller Speaks

 

 

 

9:45

S&P Global Manufacturing PMI (May)

2:24

7:12

54.5

10:00

ISM Manufacturing PMI (May)

0:00

7:12

52.7

10:00

ISM Manufacturing Prices (May)

2:24

7:12

84.6

10:00

Construction Spending (MoM) (Apr)

0:05

0:04

0.002

10:00

ISM Manufacturing Employment (May)

14:24

 

46.4

10:00

ISM Manufacturing New Orders Index (May)

19:12

 

54.1


Indices
 

 

CLOSE

50 DMA

200 DMA

DJIA

51,089.46

48,669.51

47,768.36

NASDAQ

27,086.81

24,390.33

23,221.52

S&P 500

7,600.03

7,079.84

6,837.14

Earnings Calendar:

(EPS: Earning Per Share / Rev: Revenue / Mkt Cap : market Capital)

Company

EPS

Consensus

Previous

Revenue

Consensus

Previous

MarketCap

Fiscal

Time

Hewlett Packard HPE

 

12:43

0.38

 

9.57B

7.63B

$59.03B

Q2

PM

Science Applications International SAIC

5:31

5:45

1.92

1.91B

1.87B

1.88B

$6.27B

Q1

AM

 

Market News:

U.S. stocks on Monday were largely higher, helped by President Donald Trump’s assertion that peace talks were ongoing with Iran despite Tehran’s reported move to suspend negotiations with Washington. Sentiment was also significantly boosted by a climb in Nvidia which unveiled a new ’superchip’ for personal computers. Wall Street is coming off a solid advance for May, driven by hopes for an end to the Middle East conflict, a strong earnings season, and a furious rally in the artificial intelligence trade.  

 

Activity in the U.S. manufacturing sector expanded a faster rate in May, while a measure of prices paid by these companies eased slightly, as firms dealt with headwinds stemming from the war in Iran.

 

Gold prices declined on Monday, as diplomatic efforts to end the war in Iran dragged on without a deal appearing imminent, leaving in play the possibility of an energy-induced burst in inflationary pressures.

 

Oil prices rose sharply on Monday, bouncing back after posting steep losses for May, as Iran reportedly suspended negotiations with the U.S. after renewed strikes between the warring parties over the weekend and an Israeli push into Lebanon.

 

U.S. crude exports climbed to a record 5.6 million barrels per day in May as the Middle East crisis pushed up demand for the country’s oil from Asian and European refiners, ship tracking estimates showed on Monday.

 

IBM shares climbed about 9% on Monday after Barclays initiated coverage of the technology company with an Overweight rating, citing the company's evolution into a software-focused business with steady growth prospects and expanding margins.

Ringcentral Inc stock reached a 52-week high, hitting $48.59, showcasing a strong performance over the past year. The stock currently trades at $48.52, just 0.96% below its 52-week peak, with a year-to-date return of 50.23%.

Lowe’s Companies stock has reached a new 52-week low, closing at $207.93. This marks a significant point for the home improvement retailer, as the stock has experienced a -7.69% change over the past year.

 

Shares of Microsoft were higher on Monday after Citizens JMP Securities initiated coverage with a Market Outperform rating.The brokerage firm put a $550 price target, citing the company's strong positioning in enterprise AI and attractive valuation following a recent pullback.

 

SpaceX has set aside 5% of shares in its planned initial public offering for certain employees and individuals chosen by executive officers, exempting them from post-IPO lock-up restrictions, according to a regulatory filing released Monday

For internal use only