News Bulletin
Wednesday, June 03 2026
Evening Edition
Economic Numbers:
|
Time |
Event |
Actual |
Forecast |
Previous |
|
Wednesday,
June 3, 2026 |
|
|||
|
7:00 |
MBA 30-Year Mortgage Rate |
0.0657 |
|
1:35 |
|
7:00 |
MBA Mortgage Applications (WoW) |
-0.025 |
|
|
|
7:00 |
MBA Purchase Index |
164.8 |
|
16:48 |
|
7:00 |
Mortgage Market Index |
25280.00% |
|
9:36 |
|
7:00 |
Mortgage Refinance Index |
736.2 |
|
16:48 |
|
8:15 |
ADP Nonfarm Employment Change (May) |
122K |
118K |
105K |
|
9:00 |
Fed Vice Chair for Supervision Barr Speaks |
|
|
|
|
9:45 |
S&P Global Services PMI (May) |
50.7 |
50.9 |
21:36 |
|
9:45 |
S&P Global Composite PMI (May) |
51.5 |
5170.00% |
16:48 |
|
10:00 |
ISM Non-Manufacturing Prices (May) |
7130.00% |
7230.00% |
16:48 |
|
10:00 |
ISM Non-Manufacturing PMI (May) |
54.5 |
53.7 |
14:24 |
|
10:00 |
ISM Non-Manufacturing Employment (May) |
47.9 |
4880.00% |
0:00 |
|
10:00 |
Factory Orders (MoM)
(Apr) |
4.80% |
4.60% |
0:25 |
|
10:00 |
Factory orders ex transportation (MoM) (Apr) |
0.013 |
|
0:25 |
|
10:00 |
Durables Excluding Transport (MoM)
(Apr) |
0.011 |
|
0:12 |
|
10:00 |
ISM Non-Manufacturing Business Activity (May) |
5770.00% |
|
21:36 |
|
10:00 |
57.3 |
53.4 |
12:00 |
|
|
10:00 |
Durables Excluding Defense
(MoM) (Apr) |
0.081 |
8.10% |
|
|
10:00 |
All Car Sales (May) |
2.66M |
|
2.69M |
|
10:00 |
All Truck Sales (May) |
13.43M |
|
13.32M |
|
10:30 |
Crude Oil Inventories |
-7.974M |
-2.900M |
-3.327M |
|
10:30 |
Cushing Crude Oil Inventories |
-0.583M |
|
-2.794M |
|
10:30 |
EIA Refinery Crude Runs (WoW) |
-0.090M |
|
0.652M |
|
10:30 |
Gasoline Inventories |
3.364M |
-0.500M |
-2.572M |
|
10:30 |
Heating Oil Stockpiles |
0.255M |
|
0.306M |
|
10:30 |
Gasoline Production |
-0.515M |
|
0.600M |
|
10:30 |
EIA Weekly Refinery Utilization Rates (WoW) |
0.002 |
|
0:41 |
|
10:30 |
Distillate Fuel Production |
0.098M |
|
0.076M |
|
10:30 |
Crude Oil Imports |
-0.249M |
|
0.360M |
|
10:30 |
EIA Weekly Distillates Stocks |
1.502M |
-0.300M |
-2.107M |
|
15:17 |
Beige Book |
|
|
|
Indices:
|
|
CLOSE |
50 DMA |
200 DMA |
|
DJIA |
50,749.35 |
48,875.71 |
47,829.55 |
|
NASDAQ |
26,853.98 |
24,597.06 |
23,274.51 |
|
S&P 500 |
7,558.43 |
7,120.31 |
6,848.44 |
Earnings Calendar:
(EPS: Earning Per Share / Rev: Revenue / Mkt Cap : market Capital)
|
Company |
EPS |
Consensus |
Previous |
Revenue |
Consensus |
Previous |
MarketCap |
Fiscal |
Time |
|
Broadcom AVGO |
2.37 |
1.58 |
21.89B |
15B |
$2.29T |
Q2 |
PM |
||
|
CrowdStrike Holdings CRWD |
1.07 |
0.73 |
1.35B |
1.1B |
$187.1B |
Q1 |
PM |
||
|
Veeva Systems VEEV |
2.13 |
1.97 |
857.76M |
759M |
$29.51B |
Q1 |
PM |
||
|
Five Below FIVE |
0.94 |
0.86 |
1.1B |
970.5M |
$12.29B |
Q1 |
PM |
||
|
Macy's M |
0.13 |
0.19 |
0.16 |
4.7B |
4.39B |
4.6B |
$6B |
Q1 |
AM |
|
PVH PVH |
2.42 |
2.3 |
2.04B |
1.98B |
$5.8B |
Q1 |
PM |
||
|
Thor Industries THO |
1.86 |
2.02 |
2.53 |
2.78B |
2.71B |
2.89B |
$4.13B |
Q3 |
PM |
Market
News:
U.S. Treasury yields
increased on Wednesday as growing tensions in the Middle East
pushed oil prices higher and raised concerns about continued inflation pressures.The benchmark 10-year Treasury note yield rose 3.4 basis points to reach 4.489%, marking its largest
single-day increase in two weeks. The yield touched 4.499% during the trading
session.
Oil prices advanced
on Wednesday, as renewed hostilities in the Middle East along with stalled
negotiations between the U.S. and Iran weighed on sentiment. A much higher than
expected U.S. crude inventory draw also clouded the mood.
S&P Global
Ratings revised its outlook on Exxon Mobil Corp. (NYSE:XOM) to
positive from stable on Wednesday while affirming its ’AA-’
long-term issuer credit rating.
The (OECD) Organisation for Economic Cooperation and Development has
slashed its global growth outlook, warning that the economic damage from the
U.S.-Iran war could dramatically worsen unless a durable peace settlement is
reached quickly.
Elon Musk’s SpaceX is planning to set a
fixed price of $135 per share ahead of officially marketing its initial
public offering, a person familiar with the matter confirmed to CNBC on
Wednesday.
Tyson Foods
(NYSE:TSN) shares fell 5.5% following reports that samples from Texas calves are
being tested for possible screwworm infestation, raising concerns about
potential impacts on the cattle industry.
Mega-Cap Movers
(Market Cap:$200 billion USD or higher)
IBM (IBM); IBM launches global AI challenge for university students
-6.19%
Oracle Corp (ORCL) -5.94%
Palo Alto Networks (PANW) -5.82%
Applovin (APP) -6.19%
Marvell Technology Group Ltd (MRVL) +5.71%
Palantir Technologies Inc (PLTR) -6.23%
SanDisk Corp-Exch (SNDK) +6.74%
Dell Inc (DELL) -3.68%
Microsoft Corp (MSFT); Mayo Clinic, Microsoft partner on healthcare AI
model development -3.3%
Metropcs Communications (TMUS) -3.96%
Large-Cap Stock
Movers (Market Cap:$10-$200 billion USD)
PayPay Corp (PAYP) -10.32%
AltC Acquisition (OKLO) -10.9%
Planet Labs PBC (PL) -10.44%
Reinvent Technology Partners Y (AUR) -10.1%
Applied Opt (AAOI) -9.06%
Sterling Construc (STRL) +9.85%
Cerebras Systems Inc (CBRS) -9.47%
Global Payments (GPN) -8.44%
New Providence Acquisition Corp N (ASTS) -9.49%
Lumentum Holdings Inc (LITE) -8.33%
Mid-Cap Stock Movers
(Market Cap:$2-$10 billion USD)
SNXX (SNXX) -85.84%
Live Oak Acq (NVTS); Navitas
showcases power delivery board at Nvidia AI event
+24.21%
Fundrise Innovation Fund (VCX) -19.52%
MiniMed Group Inc (MMED); MiniMed partners with Abbott
on dual glucose-ketone sensors +15.85%
Inflection Point Acquisition (LUNR) -15.07%
Ondas (ONDS) -12.26%
Mineralys Therapeutics (MLYS) -13.59%
CF Acquisition Corp VI (RUMBW) -12.75%
Nuscale Power (SMR); NuScale Power adds two directors
to board -11.54%
Small-Cap Stock
Movers (Market Cap:$300 million - $2 billion USD)
NEBX (NEBX) -69.02%
Julong Holding Ltd (JLHL) +77.33%
Vision-Sciences (CGNT); Cognyte shares tumble
21% on earnings miss despite revenue beat -22.13%
OKLL (OKLL) -21.34%
Global Unt (GRRR); Gorilla Technology prices
$107m convertible notes offering -17.41%
AAOX (AAOX) -17.8%
LITX (LITX) -16.55%
Anbio Biotechnology (NNNN) -16.63%
SMCX NASDAQ (SMCX) -14.78%
For
internal use only