economy
Tuesday's big stock stories: What’s likely to move the market in the next trading session
Semiconductor stocks made a comeback, lifting the S&P 500 and the Nasdaq Composite into positive territory Monday.
TL;DR
- Corning has secured new deals with Amazon, following previous agreements with Nvidia and Meta Platforms.
- Significant year-to-date stock gains are noted for Intel, Cisco, Sandisk, Texas Instruments, and Seagate.
- Upcoming economic data includes the U.S. trade deficit and existing home sales figures.
- J.M. Smucker is set to release its quarterly earnings, with its stock showing recent declines.
- Apple's stock experienced a drop following its Worldwide Developers Conference, despite hitting an all-time high earlier.
- Boeing's May orders and deliveries will be reported, with the stock showing a flat performance year-to-date.
- MicroStrategy's stock is experiencing a significant weekly decline.