News Bulletin

Friday, June 26 2026
Evening Edition

Economic Numbers:

Time	Event	Actual	Forecast	Previous
Friday, June 26, 2026
8:30	Retail Inventories Ex Auto (May)	0:05		0.007
8:30	Goods Trade Balance (May)	-105.80B	-85.00B	-83.01B
8:30	Wholesale Inventories (MoM) (May)	0:04	0:04	0.007
10:00	Michigan 1-Year Inflation Expectations (Jun)	1:06	1:06	0.048
10:00	Michigan Consumer Sentiment (Jun)	12:00	21:36	44.8
10:00	Michigan 5-Year Inflation Expectations (Jun)	0:47	0:48	0.034
10:00	Michigan Consumer Expectations (Jun)	16:48	7:12	44.1
10:00	Michigan Current Conditions (Jun)	16:48	9:36	45.8
10:30	FOMC Member Williams Speaks
11:30	FOMC Member Kashkari Speaks
13:00	U.S. Baker Hughes Oil Rig Count	0:00		433
15:25	U.S. Baker Hughes Total Rig Count	0:00		563

Indices:

	CLOSE	50 DMA	200 DMA
DJIA	51,864.16	50,292.98	48,310.57
NASDAQ	25,297.62	25,778.11	23,624.99
S&P 500	7,353.06	7,372.40	6,929.74

Earnings Calendar:

(EPS: Earning Per Share)

No Major Earning For Today

Market News:

Wall Street searched for direction on Friday and was on track to end the week largely lower, as technology stocks slid. With diplomatic efforts in the Middle East having taken a positive turn and oil prices continuing to slump, the geopolitical risk premium has been effectively removed and market participants have turned their attention squarely back to the high-flying artificial intelligence trade. It was also a consequential week for the outlook of monetary policy, after key inflation and economic growth data was published on Thursday, followed by improving consumer sentiment indicators on Friday.

US President Donald Trump on Friday accused Iran of violating a ceasefire agreement with the U.S. by launching attack drones at ships passing through the Strait of Hormuz, including a cargo vessel that was struck off the coast of Oman on Thursday.

President Donald Trump said on Friday that the United States will impose a 100% tariff on all imports from countries that levy digital services taxes on American companies, escalating tensions over taxation of U.S. technology firms.

US refining capacity decreased by 263,000 barrels per day in 2025, representing a 1.43% decline, according to a report released by the US Energy Information Administration on Friday. The reduction resulted from the planned conversion of a major Houston refinery and the closure of a Los Angeles-area facility.

Qualcomm said it plans to use new chip technology developed for data centers in smartphones, which would improve how artificial intelligence runs on mobile devices. Executive Vice President Durga Malladi shared the information in an interview with Semafor.

Levi Strauss & Co Class A stock has reached a significant milestone, hitting a 52-week high of 24.82 USD. This marks a notable achievement for the company, reflecting a positive trend over the past year.

FuelCell Energy Inc (NASDAQ:FCEL) shares surged 27.5% Friday following an upgrade from Jefferies analyst Julien Dumoulin Smith, who raised the stock from Hold to Buy and increased the price target to $24.00 from $16.00.

Opus Genetics Inc (NASDAQ:IRD) shares rose 6.5% on Friday following the announcement that the company will be added to the Russell 3000, Russell 2000, and Russell Microcap indexes.

Moderna Inc. stock reached a 52-week high of $67.78, marking a significant milestone for the biotechnology company.

Mega-Cap Movers (Market Cap $200B+):

Seagate Technology (STX): -8.55%

Marvell Technology Group Ltd (MRVL); Marvell Technology declares $0.06 quarterly dividend: -5.31%

Arista Networks (ANET): -4.96%

Large-Cap Stock Movers (Market Cap $10-$200B):

Moderna (MRNA): +11.05%

New Providence Acquisition Corp N (ASTS): +11.37%

Servicenow Inc (NOW): +8.71%

Applovin (APP): +7.78%

FormFactor (FORM): -9.12%

Mid-Cap Stock Movers (Market Cap $2-$10B):

Regencell Bioscience Holdings (RGC): -18.57%

SNXX (SNXX): -16.54%

Visteon (VC); Baird downgrades Visteon stock rating on execution risk concerns: -11.93%

TransMedics Group Inc (TMDX): -13.35%

Chime Financial (CHYM): +10.4%

Diodes Inc (DIOD): -10.09%

Dragoneer Growth Opp (CCC): +9.13%

Guidewire Software Inc (GWRE): +9.9%

Small-Cap Stock Movers (Market Cap $300M-$2B):

Omeros Corp (OMER); European regulator issues negative opinion on Omeros’ TA-TMA drug: -21.62%

Apogee Enterprise (APOG); Apogee Enterprises beats estimates but guides below views: +16.03%

Intec Pharma Ltd (INDP): +16.56%

Hemab Therapeutics Holdings (COAG); Hemab announces clinical updates across bleeding disorder pipeline: +17.93%

Galena Biopharma (SLS): +14.91%

Legato Merger III (ENRD): +14.05%

DSC Holdings ADR (DSC): -14.46%

For internal use only