From Nasdaq: 2025-06-27 12:55:00

Stock indexes, including S&P 500 and Nasdaq 100, hit new highs as positive trade news drives markets. US and China finalize trade understanding, with China committing to rare earth materials. US May personal spending and income reports weaker than expected. Fed’s preferred inflation gauge rises, Minneapolis Fed President sees rate cuts.

Ceasefire between Israel and Iran, tariff news, and trade deals to be monitored. June University of Michigan US consumer sentiment index expected unchanged. Federal funds futures price in 21% chance of rate cut. Overseas markets mixed. T-notes down due to positive trade news, stronger inflation data.

T-notes supported by weak US spending and income reports, dovish Fed comments. European government bond yields rise. Eurozone economic confidence falls unexpectedly. ECB seen cutting rates at July meeting. Stock movers include Nike, Trade Desk, Apogee Enterprises, Estee Lauder, Amazon, Boeing.

Gold mining stocks decline as COMEX gold price falls. JPMorgan Chase leads losers in Dow Jones. CorMedix announces stock offering. Uber Technologies downgraded. Crowdstrike Holdings drops on insider selling news. Earnings reports from Apogee Enterprises Inc. and Immersion Corp. No positions held by author.



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