News Bulletin
Monday, June 01 2026
Evening Edition
Economic Numbers:
|
Time |
Event |
Actual |
Forecast |
Previous |
|
Monday, June 1, 2026 |
||||
|
8:30 |
|
|
|
|
|
9:45 |
2:24 |
7:12 |
54.5 |
|
|
10:00 |
0:00 |
7:12 |
52.7 |
|
|
10:00 |
2:24 |
7:12 |
84.6 |
|
|
10:00 |
0:05 |
0:04 |
0.002 |
|
|
10:00 |
14:24 |
|
46.4 |
|
|
10:00 |
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