News Bulletin
Wednesday, July 8th 2026
Morning Edition
Economic Numbers:
|
Time |
Event |
Forecast |
Previous |
|
7:00 |
MBA Mortgage
Applications (WoW) |
|
0.00% |
|
7:00 |
MBA 30-Year
Mortgage Rate |
|
6.57% |
|
10:00 |
Wholesale
Trade Sales (MoM) (May) |
2.00% |
|
|
10:00 |
Wholesale
Inventories (MoM) (May) |
0.30% |
0.60% |
|
10:30 |
Crude Oil
Inventories |
-1.900M |
-3.775M |
|
10:30 |
Cushing Crude
Oil Inventories |
|
0.709M |
|
10:30 |
Gasoline
Inventories |
|
-2.333M |
|
10:30 |
EIA Weekly
Distillates Stocks |
|
2.483M |
|
10:30 |
EIA Weekly
Refinery Utilization Rates (WoW) |
|
0.50% |
|
11:00 |
Thomson
Reuters IPSOS PCSI (Jul) |
|
49.14 |
|
11:30 |
Atlanta Fed GDPNow (Q2) |
1.40% |
1.40% |
|
13:00 |
10-Year Note
Auction |
|
4.54% |
|
14:00 |
FOMC Meeting
Minutes |
|
|
|
15:00 |
Consumer
Credit (May) |
16.90B |
20.73B |
Indices
|
|
CLOSE |
50 DMA |
200 DMA |
|
DJIA |
52,925.15 |
50,697.91 |
48,513.43 |
|
NASDAQ |
25,818.69 |
25,968.31 |
23,739.13 |
|
S&P 500 |
7,503.85 |
7,423.34 |
6,959.91 |
Earnings Calendar:
(EPS: Earning Per Share / Rev: Revenue / Mkt Cap : market Capital/ BMO :
Before Market Opening /AMC : After Market Close)
|
Company |
EPS |
Previous |
Revenue |
Consensus |
Previous |
Market Cap |
Time |
|
Levi Strauss
(LEVI) |
0.24 |
|
$1.52B |
|
|
$9.48B |
PM |
|
PriceSmart (PSMT) |
1.32 |
|
$1.42B |
|
|
$5.78B |
PM |
|
AZZ Inc.
(AZZ) |
1.69 |
|
$434.53M |
|
|
$4.32B |
PM |
|
Park
Aerospace (PKE) |
|
|
$17.64M |
|
|
$770.81M |
PM |
|
Helen of Troy
(HELE) |
0.17 |
-0.05 |
$402.10M |
$368.53M |
|
$652.15M |
AM |
|
America's Car-Mart
(CRMT) |
-0.58 |
|
$332.46M |
|
|
$26.65M |
PM |
|
Rail Vision
(RVSN) |
|
|
|
|
|
$10.34M |
PM |
|
ASOS plc ADR
(ASOMY) |
|
|
|
|
|
$463.43M |
AM |
Market News:
U.S. stock futures are trading lower Wednesday
morning after renewed geopolitical tensions in the Middle East pressured risk
assets. Oil prices surged following comments from President Donald Trump
indicating the U.S.Iran peace agreement was "over," while investors
also await the release of the FOMC Meeting Minutes later today for additional
clues on the Federal Reserve's policy outlook. Technology and semiconductor
shares are under pressure as higher oil prices and geopolitical uncertainty
weigh on market sentiment.
Here are some of the key premarket movers:
Chevron (NYSE: CVX)
gained about 2.4% as crude oil prices rallied following escalating Middle East
tensions.
Exxon Mobil (NYSE: XOM)
advanced around 3.0%, benefiting from the sharp rise in Brent and WTI crude
prices.
ConocoPhillips (NYSE: COP)
climbed approximately 2.2% amid strength across the energy sector.
APA Corp. (NASDAQ: APA)
jumped 4.2% as investors rotated into oil producers.
Diamondback Energy (NASDAQ: FANG) rose
2.4% on expectations of improved cash flows from higher oil prices.
United Airlines (NASDAQ: UAL) fell
more than 3% as rising fuel prices weighed on airline stocks.
Southwest Airlines (NYSE: LUV)
declined more than 3% as investors priced in the impact of higher jet fuel
costs.
NVIDIA (NASDAQ: NVDA)
traded lower as weakness continued across AI and semiconductor stocks amid
broader risk-off sentiment.
Intel (NASDAQ: INTC)
slipped nearly 5% in premarket trading as chipmakers extended their recent
selloff.
Micron Technology (NASDAQ: MU)
dropped nearly 6%, making it one of the weakest semiconductor names before the
opening bell.
For
internal use only