News Bulletin

Wednesday, June 10 2026
Evening Edition

 

Economic Numbers:

Time

Event

Actual

Forecast

Previous

Wednesday, June 10, 2026

7:00

MBA 30-Year Mortgage Rate

1:35

 

0.0657

7:00

MBA Mortgage Applications (WoW)

2:35

 

-0.025

7:00

MBA Purchase Index

21:36

 

164.8

7:00

Mortgage Market Index

2:24

 

252.8

7:00

Mortgage Refinance Index

16:48

 

736.2

8:30

CPI (MoM) (May)

0:07

0:07

0.006

8:30

Core CPI (MoM) (May)

0:02

0:04

0.004

8:30

CPI (YoY) (May)

1:00

1:00

0.038

8:30

Core CPI (YoY) (May)

0:41

0:41

0.028

8:30

CPI Index, n.s.a. (May)

2:52

2:38

333.02

8:30

Core CPI Index (May)

2:52

 

335.42

8:30

CPI, n.s.a (MoM) (May)

0:09

 

0.0085

8:30

CPI Index, s.a (May)

23:31

 

332.41

8:30

Real Earnings (MoM) (May)

 

 

-0.002

10:30

Crude Oil Inventories

-7.227M

-3.000M

-7.974M

10:30

Cushing Crude Oil Inventories

-0.801M

 

-0.583M

10:30

Heating Oil Stockpiles

-0.246M

 

0.255M

10:30

EIA Weekly Refinery Utilization Rates (WoW)

0:08

 

0.002

10:30

Gasoline Production

0.296M

 

-0.515M

10:30

Gasoline Inventories

0.186M

-0.500M

3.364M

10:30

EIA Weekly Distillates Stocks

-0.200M

-0.500M

1.502M

10:30

Distillate Fuel Production

0.024M

 

0.098M

10:30

EIA Refinery Crude Runs (WoW)

0.081M

 

-0.090M

10:30

Crude Oil Imports

0.525M

 

-0.249M

10:45

OPEC Crude Oil Production Algeria (Barrel)

0.97M

 

0.97M

10:45

OPEC Crude Oil Production Guinea (Barrel)

0.05M

 

0.05M

10:45

OPEC Crude Oil Production Congo (Barrel)

0.27M

 

0.26M

10:45

OPEC Crude oil Production Iran (Barrel)

2.00M

 

3.00M

10:45

OPEC Crude Oil Production Gabon (Barrel)

0.22M

 

0.23M

10:45

OPEC Crude oil Production Iraq (Barrel)

1.56M

 

1.40M

10:45

OPEC Crude oil Production Saudi Arabia (Barrel)

6.50M

 

7.65M

10:45

OPEC Crude Oil Production Libya (Barrel)

1.25M

 

1.27M

10:45

OPEC Crude oil Production UAE (Barrel)

2.10M

 

2.00M

10:45

OPEC Crude oil Production Venezuela (Barrel)

1.13M

 

1.10M

11:00

Cleveland CPI (MoM) (May)

0:04

 

0.004

11:00

Thomson Reuters IPSOS PCSI (Jun)

3:21

 

49.65

13:00

10-Year Note Auction

1:05

 

0.04468

14:00

Federal Budget Balance (May)

-293.0B

-282.9B

215.0B

 


Indices:
 

 

CLOSE

50 DMA

200 DMA

DJIA

49,918.78

49,378.86

47,973.87

NASDAQ

25,169.50

25,047.14

23,387.67

S&P 500

7,266.99

7,214.83

6,873.21

 

Earnings Calendar:

(EPS: Earning Per Share)

 

Company

EPS

Consensus

Previous

Revenue

Consensus

Previous

MarketCap

Fiscal

Time

Oracle ORCL

22:19

1.7

19.1B

15.9B

$433B

Q4

PM

Oxford Industries OXM

14:38

1.82

389.01M

393M

$541.6M

Q1

PM

 

Market News:

 

US President Donald Trump said Wednesday that the U.S. would hit Iran “very hard” again, escalating his public threats as he pressed Tehran to sign a deal.“We hit them hard yesterday, and we’re going to hit them hard again today,” Trump said at a White House signing event for the Secure America Act. “We’re going to be attacking them and attacking them very hard.”

 

U.S. equities fell on Wednesday after President Donald Trump signaled that negotiations with Iran were taking “too long” and threatened more action. The Dow Jones Industrial Average fell by 953.33 points, or 1.87%, to 49,918.78. The S&P 500 lost 1.62% to end at 7,266.99, and the Nasdaq Composite dropped 1.98% to settle at 25,169.50.

 

Oil prices advanced on Wednesday, after President Donald Trump expressed impatience over Iran’s delay in signing a peace deal and said the U.S. would "hit them hard" for a second straight day. Additionally, economic data showed a surge in U.S. energy inflation in May. A separate report showed U.S. emergency oil stockpiles had slid to their lowest level in nearly three years.    

 

US Inflation accelerated in May as rising energy costs contributed to pain for consumers, though underlying pressures were less intense. The consumer price index rose at a seasonally adjusted 0.5% for the month, putting the annual inflation rate at 4.2%, highest in three years, both in line with expectations.

 

The US budget deficit for May decreased by $23 billion, or 7%, to $293 billion, driven primarily by calendar shifts in benefit payments from the previous year, the Treasury Department said on Wednesday.

 

CVS Health Corp stock reached a 52-week high, hitting $98.44, marking a significant milestone for the company. Over the past year, CVS Health Corp has delivered an impressive total return of 56.6%, with shares gaining 25% in just the last six months alone.

 

Tesla Inc (NASDAQ:TSLA) received authorization to deploy its Full Self-Driving supervised driver assistance software in Belgium, the country’s Flanders region transport minister announced Wednesday.

 

Zillow Group Inc’s stock has reached a 52-week low, trading at $34.49. Over the past year, the company’s stock has experienced a significant decline, with a 1-year change of -50.74%.

 

Meta Platforms said on Wednesday it will lease an artificial intelligence-enabled data center in India with 168 megawatts of capacity from billionaire Mukesh Ambani’s Reliance Industries.

 

ERock Inc. stock (NYSE:EROC) fell 6.5% on Wednesday as shares began trading at $20.10 following the company’s initial public offering priced at $21.50 per share.

 

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

 

Qualcomm (QCOM): -5.68%

GE Vernova (GEV): -5.17%

Caterpillar (CAT): -5.39%

Arm (ARM): -3.98%

Adv Micro Device (AMD): -3.58%

Micron Tech (MU); Micron appoints AI infrastructure expert to board: -3.35%

Avago Technologies (AVGO): -3.3%

Tesla Motors (TSLA): -2.9%

Alibaba-exch (BABA): -3.0%

Marvell Technology Group Ltd (MRVL): -1.75%

 

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

Super Micro Compu (SMCI); Supermicro plans $7 billion equity raise to fund AI server orders: -19.76%

First Cash Financial (FCFS): -8.45%

Bloom Energy Corp (BE): -8.52%

Silversun Tech (QXO): -8.35%

Alcoa (AA): -6.97%

Forgent Power Solutions Inc (FPS): -6.97%

Generac Holdings (GNRC): -6.92%

Summit Therapeutics PLC (SMMT); Summit Therapeutics launches $500 million stock offering: -10.18%

Metals USA Holdings Corp (MUSA): +8.57%

Caseys General (CASY); Casey’s General Stores tops Q4 estimates on strong fuel margins: +16.75%

 

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

Fermi America LLC (FRMI): +26.42%

Cartesian Growth III (FAC): +29.69%

Social Capital Hedosophia Hold III (CLOV): +13.99%

AXT Inc (AXTI): +14.48%

United Natural Foods (UNFI): +10.33%

SK Growth Opportunities (BULL): +12.0%

Cree Inc. (WOLF): -9.38%

Uranium Energy Corp (UEC): -9.17%

Magenta Therapeutics (DNTH): -8.63%

 

 Small-Cap Stock Movers (Market Cap:$300 million -$2 billion)

 

Cracker Barrel Old Country (CBRL); Cracker Barrel surges over 13% on surprise profit in Q3, raised guidance: +23.39%

Rackspace Technology Inc (RXT): +23.18%

Velo3D (VELO): +19.99%

A Paradise Acquisition (ENHA): +16.91%

Yuanbao Inc (YB): +17.36%

Tortoise Acquisition Corp (HYLN); Needham initiates Hyliion stock with buy rating on power tech: +14.43%

Studio City International Holdings (MSC): +14.22%

Shoulder Innovations Inc (SI): +13.48%

Omnilit Acquisition (OPTX): +12.04%

Suja Life (SUJA): -26.85%

 

For internal use only