Stock Market Today

U.S. stock futures rose on Thursday, as the Dow Jones, Nasdaq 100, and S&P 500 indices rose, following Wednesday’s mixed close.

On the economic data front, May's personal consumption expenditures (PCE) price index rose 0.4% monthly and 4.1% year-over-year, while core PCE increased 0.3%. Meanwhile, the third estimate of first-quarter real GDP was revised up to an annual growth rate of 2.1%, up from the previously reported 1.6%.

Labor market indicators remained resilient as initial jobless claims for the week ending June 20 fell by 12,000 to 215,000. However, manufacturing momentum slowed significantly as May's new orders for manufactured durable goods fell 4.5% to $332.1 billion, breaking a two-month streak of consecutive gains.

Meanwhile, Treasury Secretary Scott Bessent aimed at the Federal Reserve’s forecasting methods, declaring that the central bank’s interest rate dot plots are “always wrong” due to institutional “group think.” Speaking on CNBC, Bessent fully endorsed Fed Chair Kevin Warsh‘s decision to eliminate forward guidance, arguing the economy can achieve high growth without triggering inflation.

He also unveiled a comprehensive "3 through 3" economic blueprint designed to sustain high GDP growth while neutralizing "structural inflation."

The 10-year Treasury bond yielded 4.41%, and the two-year bond was at 4.15%. The CME Group’s FedWatch tool‘s projections show markets pricing a 65.8% likelihood of the Federal Reserve leaving the current interest rates unchanged during July’s meeting.

The SPDR S&P 500 ETF Trust(NYSE: SPY) and Invesco QQQ Trust ETF(NASDAQ: QQQ), which track the S&P 500 and Nasdaq 100, respectively, were higher in premarket on Thursday. The SPY was up 0.79% at $739.01, while the QQQ advanced by 2.26% to $726.72.

------------------------------------------------------------------------------------

🌐 Find more market-moving insights at https://www.benzinga.com — your one-stop destination for the latest financial news, data, and expert analysis to stay ahead of the markets.

📲 Follow us on socials @benzinga

------------------------------------------------------------------------------------

⚠️ Disclaimer:

Investing in financial markets carries risk, and there are no guaranteed returns. All information is for educational purposes only and should not be taken as financial advice. Always do your own research and speak with a qualified financial advisor before making investment decisions. Only invest what you can afford to lose. Past performance does not guarantee future outcomes.

U.S. stock futures pared earlier losses to advance on Wednesday, as the Dow Jones, Nasdaq 100 and S&P 500 indices rose, following Tuesday's lower close.

President Donald Trump instructed the Department of Justice (DOJ) to look into oil firms for not lowering retail fuel costs as crude oil prices drop.

In an early Wednesday post on Truth Social, Trump claimed that energy corporations are overcharging consumers because their pump prices do not reflect the much cheaper rates they are currently paying for crude. "Gasoline prices better start going down a lot faster than what I’m seeing!" Trump wrote.

Meanwhile, the 10-year Treasury bond yielded 4.46%, and the two-year bond was at 4.19%. The CME Group’s FedWatch tool‘s projections show markets pricing a 63.7% likelihood of the Federal Reserve leaving the current interest rates unchanged during July’s meeting.

The SPDR S&P 500 ETF Trust (NYSE: SPY) and Invesco QQQ Trust ETF (NASDAQ: QQQ), which track the S&P 500 and Nasdaq 100, respectively, were higher in premarket on Wednesday. The SPY was up 0.46% at $736.96, while the QQQ advanced by 0.76% to $719.08.

------------------------------------------------------------------------------------

🌐 Find more market-moving insights at https://www.benzinga.com — your one-stop destination for the latest financial news, data, and expert analysis to stay ahead of the markets.

📲 Follow us on socials @benzinga

------------------------------------------------------------------------------------

⚠️ Disclaimer:

Investing in financial markets carries risk, and there are no guaranteed returns. All information is for educational purposes only and should not be taken as financial advice. Always do your own research and speak with a qualified financial advisor before making investment decisions. Only invest what you can afford to lose. Past performance does not guarantee future outcomes.

U.S. stock futures declined on Tuesday, as the Nasdaq 100, Dow Jones, and S&P 500 indices fell, following Monday’s mixed close.

President Donald Trump warned he will “do what I have to do” if Tehran fails to stick to a newly negotiated peace roadmap, which initiated a 60-day U.S. waiver on Iranian sanctions, according to Reuters. Trump added that upcoming weapons inspections would enforce “nuclear honesty,” though Iranian officials denied that discussions regarding its nuclear program had begun.

Meanwhile, the 10-year Treasury bond yielded 4.48%, and the two-year bond was at 4.19%. The CME Group’s FedWatch tool‘s projections show markets pricing a 67.9% likelihood of the Federal Reserve leaving the current interest rates unchanged during July’s meeting.

The SPDR S&P 500 ETF Trust(NYSE: SPY) and Invesco QQQ Trust ETF(NASDAQ: QQQ), which track the S&P 500 and Nasdaq 100, respectively, were lower in premarket on Tuesday. The SPY was down 1.31% at $734.66, while the QQQ declined by 2.79% to $717.38.

------------------------------------------------------------------------------------

🌐 Find more market-moving insights at https://www.benzinga.com — your one-stop destination for the latest financial news, data, and expert analysis to stay ahead of the markets.

📲 Follow us on socials @benzinga

------------------------------------------------------------------------------------

⚠️ Disclaimer:

Investing in financial markets carries risk, and there are no guaranteed returns. All information is for educational purposes only and should not be taken as financial advice. Always do your own research and speak with a qualified financial advisor before making investment decisions. Only invest what you can afford to lose. Past performance does not guarantee future outcomes.

U.S. stock futures pared losses to advance on Monday, as the Nasdaq 100, Dow Jones, and S&P 500 indices rose. following Thursday's gains.

Critical peace negotiations in Bürgenstock, Switzerland—steered by Vice President JD Vance and Iranian Foreign Minister Abbas Araghchi—encountered intense strain on Sunday. President Donald Trump issued an ultimatum on Truth Social, threatening severe U.S. military strikes that would eclipse those from the previous week if Iran does not instantly stop its "highly paid PROXIES in Lebanon".

Additionally, Trump stated during a Fox News interview that the U.S. intends to take command of the vital maritime passageway and enforce transit tariffs should the diplomatic negotiations break down. "If they don’t make a deal, we’ll collect tolls," Trump warned.

Meanwhile, the 10-year Treasury bond yielded 4.49%, and the two-year bond was at 4.22%. The CME Group’s FedWatch tool‘s projections show markets pricing a 63.7% likelihood of the Federal Reserve leaving the current interest rates unchanged during July’s meeting.

The SPDR S&P 500 ETF Trust (NYSE: SPY) and Invesco QQQ Trust ETF (NASDAQ: QQQ), which track the S&P 500 and Nasdaq 100, respectively, were lower in premarket on Monday. The SPY was up 0.14% at $747.76, while the QQQ declined by 0.22% to $742.28.

------------------------------------------------------------------------------------

🌐 Find more market-moving insights at https://www.benzinga.com — your one-stop destination for the latest financial news, data, and expert analysis to stay ahead of the markets.

📲 Follow us on socials @benzinga

------------------------------------------------------------------------------------

⚠️ Disclaimer:

Investing in financial markets carries risk, and there are no guaranteed returns. All information is for educational purposes only and should not be taken as financial advice. Always do your own research and speak with a qualified financial advisor before making investment decisions. Only invest what you can afford to lose. Past performance does not guarantee future outcomes.

U.S. stock futures rose on Thursday, as the Dow Jones, Nasdaq 100, and S&P 500 indices advanced, following Tuesday’s sharp sell-off.

Weekly initial jobless claims edged down by 4,000 to a seasonally adjusted 226,000 for the week ending June 13, keeping layoffs historically low.

Meanwhile, the Philadelphia Fed manufacturing index staged a major turnaround, jumping more than 10 points to a positive 10.3 reading in June to snap a month of flatlined regional factory growth.

On Wednesday, the Federal Reserve unanimously held the federal funds rate steady at 3.50%-3.75%, as widely expected, in the first policy meeting under new Fed Chair Kevin Warsh. He announced five task forces to review Fed communications, the balance sheet, data sources, productivity and jobs in the AI era, and the inflation framework itself.

Thursday will mark the last trading day of this week, as the markets will be closed for Juneteenth National Independence Day on Friday.

Meanwhile, the 10-year Treasury bond yielded 4.45%, and the two-year bond was at 4.17%. The CME Group's FedWatch tool‘s projections show markets pricing a 72.2% likelihood of the Federal Reserve leaving the current interest rates unchanged during July’s meeting.

The SPDR S&P 500 ETF Trust (NYSE: SPY) and Invesco QQQ Trust ETF (NASDAQ: QQQ), which track the S&P 500 and Nasdaq 100, respectively, were higher in premarket on Thursday. The SPY was up 0.63% at $745.64, while the QQQ advanced by 1.61% to $734.13.

------------------------------------------------------------------------------------

🌐 Find more market-moving insights at https://www.benzinga.com — your one-stop destination for the latest financial news, data, and expert analysis to stay ahead of the markets.

📲 Follow us on socials @benzinga

------------------------------------------------------------------------------------

⚠️ Disclaimer:

Investing in financial markets carries risk, and there are no guaranteed returns. All information is for educational purposes only and should not be taken as financial advice. Always do your own research and speak with a qualified financial advisor before making investment decisions. Only invest what you can afford to lose. Past performance does not guarantee future outcomes.

U.S. stock futures were mixed on Wednesday, as the Dow Jones fell, while the Nasdaq 100 and S&P 500 advanced, following Tuesday’s mixed close.

U.S. retail and food services sales outpaced expectations in May, climbing 0.9% to a seasonally adjusted $763.7 billion, according to Census Bureau data released Wednesday. The solid gain—up from a revised 0.4% increase in April—signals highly resilient consumer demand heading into the summer months, providing a fresh injection of optimism for economic growth.

Investors are waiting for the Federal Open Market Committee decision on interest rates, slated to be announced during the afternoon, with Kevin Warsh as the new Fed Chairman. The CME Group's FedWatch tool‘s projections show markets pricing a 99.6% likelihood of the Federal Reserve leaving the current interest rates unchanged during June’s meeting.

Meanwhile, even as the peace deal was agreed upon between the U.S. and Iran, recent findings by U.S. intelligence agencies reportedly suggested that Iran can now shut down the Strait of Hormuz at will, irrespective of the impending framework agreement scheduled for signing in Geneva on Friday.

Additionally, the 10-year Treasury bond yielded 4.44%, and the two-year bond was at 4.05%.

The SPDR S&P 500 ETF Trust (NYSE: SPY) and Invesco QQQ Trust ETF (NASDAQ: QQQ), which track the S&P 500 and Nasdaq 100, respectively, were higher in premarket on Wednesday. The SPY was up 0.097% at $751.06, while the QQQ advanced by 0.62% to $734.35.

------------------------------------------------------------------------------------

🌐 Find more market-moving insights at https://www.benzinga.com — your one-stop destination for the latest financial news, data, and expert analysis to stay ahead of the markets.

📲 Follow us on socials @benzinga

------------------------------------------------------------------------------------

⚠️ Disclaimer:

Investing in financial markets carries risk, and there are no guaranteed returns. All information is for educational purposes only and should not be taken as financial advice. Always do your own research and speak with a qualified financial advisor before making investment decisions. Only invest what you can afford to lose. Past performance does not guarantee future outcomes.

U.S. stock futures were mixed on Tuesday, as the Dow Jones rose, while the Nasdaq 100 and S&P 500 declined, following Monday's rally.

The Labor Department reported that U.S. import prices advanced 1.9% in May, driven by surging fuel costs.

Fresh housing data painted a cooling picture of the domestic economy; May building permits ticked down 0.7% to a seasonally adjusted annual rate of 1,413,000, while housing starts plummeted 15.4% to a rate of 1,177,000, underscoring persistent headwinds in residential construction.

On Monday, President Donald Trump announced a preliminary U.S.-Iran agreement aimed at ending months of conflict, though its final terms and long-term viability remain unresolved. The deal extends April’s fragile ceasefire and is expected to reopen the Strait of Hormuz, a critical global oil shipping route.

However, both nations stressed that a permanent peace accord has not yet been negotiated. Iranian President Masoud Pezeshkian called the memorandum an "important step" but noted a lasting truce "has yet to take shape."

Meanwhile, the 10-year Treasury bond yielded 4.45%, and the two-year bond was at 4.04%. The CME Group's FedWatch tool‘s projections show markets pricing a 98.6% likelihood of the Federal Reserve leaving the current interest rates unchanged during June’s meeting.

The SPDR S&P 500 ETF Trust (NYSE: SPY) and Invesco QQQ Trust ETF(NASDAQ: QQQ), which track the S&P 500 and Nasdaq 100, respectively, were lower in premarket on Tuesday. The SPY was down 0.066% at $754.33, while the QQQ declined by 0.11% to $743.18.

------------------------------------------------------------------------------------

🌐 Find more market-moving insights at https://www.benzinga.com — your one-stop destination for the latest financial news, data, and expert analysis to stay ahead of the markets.

📲 Follow us on socials @benzinga

------------------------------------------------------------------------------------

⚠️ Disclaimer:

Investing in financial markets carries risk, and there are no guaranteed returns. All information is for educational purposes only and should not be taken as financial advice. Always do your own research and speak with a qualified financial advisor before making investment decisions. Only invest what you can afford to lose. Past performance does not guarantee future outcomes.

U.S. stock futures advanced on Monday, as the Nasdaq 100, S&P 500, and the Dow Jones indices rose, following Friday’s higher close.

This follows an announcement of a peace agreement with Iran by President Donald Trump, which led to a decline in crude oil futures. He said that the deal was “now complete,” adding, “I hereby fully authorize the toll-free opening of the Strait of Hormuz, and, simultaneously herewith, authorize the immediate removal of the United States Naval blockade.”

In this truncated trading week with markets closed on Friday, investors will eye the Federal Reserve’s decision on interest rates with the new chairman, Kevin Warsh, on Wednesday.

Meanwhile, the 10-year Treasury bond yielded 4.44%, and the two-year bond was at 4.03%. The CME Group's FedWatch tool‘s projections show markets pricing a 97.4% likelihood of the Federal Reserve leaving the current interest rates unchanged during June’s meeting.

The SPDR S&P 500 ETF Trust (NYSE: SPY) and Invesco QQQ Trust ETF (NASDAQ: QQQ), which track the S&P 500 and Nasdaq 100, respectively, were higher in premarket on Monday. The SPY was up 1.29% at $751.35, while the QQQ advanced by 2.13% to $736.71.

------------------------------------------------------------------------------------

🌐 Find more market-moving insights at https://www.benzinga.com — your one-stop destination for the latest financial news, data, and expert analysis to stay ahead of the markets.

📲 Follow us on socials @benzinga

------------------------------------------------------------------------------------

⚠️ Disclaimer:

Investing in financial markets carries risk, and there are no guaranteed returns. All information is for educational purposes only and should not be taken as financial advice. Always do your own research and speak with a qualified financial advisor before making investment decisions. Only invest what you can afford to lose. Past performance does not guarantee future outcomes.

U.S. stock futures rose on Friday, as the Nasdaq 100, S&P 500, and the Dow Jones indices advanced, following Thursday’s higher close.

Investors are eyeing SpaceX‘s debut under the ticker SPCX at $135 per share, with options trading set to begin on Monday. The first few minutes are expected to be chaotic as market makers establish price discovery.

Amid pushback against President Donald Trump‘s assertions regarding an approved peace agreement, Iranian Parliament Speaker Mohammad Bagher Ghalibaf cautioned that "wrong strategies and impulsive decisions" could ignite a more expansive crisis. He warned that such actions risk devastating energy infrastructure, roiling global markets, and creating an "endless quagmire" that would last for years.

Meanwhile, the 10-year Treasury bond yielded 4.44%, and the two-year bond was at 4.05%. The CME Group's FedWatch tool‘s projections show markets pricing a 96.4% likelihood of the Federal Reserve leaving the current interest rates unchanged during June’s meeting.

The SPDR S&P 500 ETF Trust (NYSE: SPY) and Invesco QQQ Trust ETF (NASDAQ: QQQ), which track the S&P 500 and Nasdaq 100, respectively, were higher in premarket on Friday. The SPY was up 0.44% at $741.04, while the QQQ advanced by 0.24% to $718.82.

------------------------------------------------------------------------------------

🌐 Find more market-moving insights at https://www.benzinga.com — your one-stop destination for the latest financial news, data, and expert analysis to stay ahead of the markets.

📲 Follow us on socials @benzinga

------------------------------------------------------------------------------------

⚠️ Disclaimer:

Investing in financial markets carries risk, and there are no guaranteed returns. All information is for educational purposes only and should not be taken as financial advice. Always do your own research and speak with a qualified financial advisor before making investment decisions. Only invest what you can afford to lose. Past performance does not guarantee future outcomes.

U.S. stock futures rose on Thursday, as the Nasdaq 100, S&P 500, and the Dow Jones indices advanced, following Wednesday’s lower close.

Initial claims for state unemployment benefits edge higher to a seasonally adjusted 229,000 for the week ending June 6, an increase of 4,000 from the prior week's unrevised level.

Meanwhile, inflation tge Producer Price Index (PPI) for final demand jumped 1.1% in May. Stripping out volatile components, the core PPI—which excludes foods, energy, and trade services—advanced 0.8% for the month, recording its largest one-month increase since March 2022 and keeping structural inflation concerns at the fore.

Middle East tensions have escalated significantly as the U.S. and Iran traded direct military strikes, following warnings from President Donald Trump that Tehran would “pay the price” for stalled peace talks.

The renewed hostilities have severely disrupted regional stability, prompting neighboring countries like Kuwait to temporarily close their airspace amid incoming Iranian attacks.

Meanwhile, the 10-year Treasury bond yielded 4.53%, and the two-year bond was at 4.12%. The CME Group's FedWatch tool‘s projections show markets pricing a 98.3% likelihood of the Federal Reserve leaving the current interest rates unchanged during June’s meeting.

The SPDR S&P 500 ETF Trust (NYSE: SPY) and Invesco QQQ Trust ETF (NASDAQ: QQQ), which track the S&P 500 and Nasdaq 100, respectively, were higher in premarket on Thursday. The SPY was up 0.24% at $727.15, while the QQQ advanced by 0.57% to $697.56.

------------------------------------------------------------------------------------

🌐 Find more market-moving insights at https://www.benzinga.com — your one-stop destination for the latest financial news, data, and expert analysis to stay ahead of the markets.

📲 Follow us on socials @benzinga

------------------------------------------------------------------------------------

⚠️ Disclaimer:

Investing in financial markets carries risk, and there are no guaranteed returns. All information is for educational purposes only and should not be taken as financial advice. Always do your own research and speak with a qualified financial advisor before making investment decisions. Only invest what you can afford to lose. Past performance does not guarantee future outcomes.