From Zacks Investment Research: 2025-06-26 19:24:00

Stock markets remain resilient despite global challenges, with tech stocks like NVIDIA and Palantir hitting record highs. The White House suggests tariffs deadline may not be critical. Worsening jobless claims signal weakening labor market, potentially prompting Fed to cut interest rates. Nike exceeds Q4 earnings estimates, reporting earnings of 14 cents per share and $11.1 billion in revenue. Full-year revenues of $46.3 billion beat expectations but were down 10% YoY. North America and global revenues both declined 11% YoY. Tomorrow, investors will look to PCE data for guidance on market expectations.



Read more at Zacks Investment Research: Markets Surge on Tech Trade, “Not Critical” Tariffs – June 26, 2025