US Market Movers

• Bond yields reversed after Treasury's buyback plan, with 10-year at 4.71% and 30-year near 5.26-5.27%.<cite>4-3,4-4,1-3,5-3>
• Dow fell 300-400...

Wolfspeed shares plunged 12.75% pre-market to $25.38 after fiscal Q4 revenue of $149.6 million missed the $224.5 million consensus by a wide margin....

• Moderna (MRNA) led with a 176.97% surge to $174.38.
• Estée Lauder (EL) gained 16.30% to $98.01.
• Top movers highlight strength in biotech and consumer sectors.

BTIG flags a historically fragile setup for the S&P 500 amid stretched technicals and semiconductor weakness.

Key signals to monitor:

• Market...

The Fed's 9-3 vote to hold rates at 3.5%-3.75% hides a sharp internal split, with three members pushing for a hike to preempt worse inflation later....

Tuesday delivered a muted overall market with US equity futures largely flat ahead of FOMC minutes, yet the S&P 500 closed down 0.7% amid extreme...

Walmart sees same-store sales growth projected to slip below 4% for the first time since early 2024, even as ad dollars help the retailer stay the course amid stagnation. This large-cap name could influence consumer sector moves.

• Core services PPI reaccelerated after June's flat reading, while headline y/y inflation eased to 4.7%.
• Consumer sentiment plunged nearly 8% to a...

Moderna shares surged as much as 50% premarket after its mRNA melanoma combo with Merck beat Keytruda alone in Phase 3, hitting primary...

Analysts estimate NVIDIA Q2 revenues at $91.1 billion, though supply improvements could reshape future forecasts.

• Futures mixed with Nasdaq-100 futures up 0.54% while Dow futures slipped 0.18%, extending recent index streaks amid quiet trading.
• Memory stocks...

The S&P 500 delivered a striking 50.4% Q2 earnings surge—the fastest since 2021—while blended net profit margins reached 16.9%. Yet this boom arrives with a giant caveat, underscored by outliers like Alphabet's 216% EPS beat.

The Hormuz MOU expired August 17 with no replacement, leaving Strait shipping at just 5% of pre-war levels. Brent climbed toward $90 as markets priced...

Ray Dalio's Bridgewater just poured billions into SPY and IVV, making them 25.5% of its portfolio and dwarfing stakes in NVDA, AVGO, and AMZN. This...

AI chip and storage stocks reversed sharply in Tuesday pre-market, with Nvidia falling nearly 2%, Marvell dropping over 6%, and SanDisk slumping over 5% as 30-year Treasury yields hit a 19-year high and oil stayed elevated. Nasdaq futures slid 1.18%.

Anthropic's revenue surge is the clear catalyst lifting Nasdaq futures, while broader market impact remains mixed.

• Article 1 highlights muted S&P...

• Memory sector strength stands out as DRAM ETF jumps 4.5% premarket
• Stocks in play: SNDK, MU, WDC, SKHY, STX surge 2.5-4.5%
• MU receives Buy upgrade with $1,250 price target
• Broader futures mixed as Nasdaq 100 points up 0.5%

University of Michigan's preliminary August consumer sentiment index fell to 51, an 8% decline from July's final reading. This fresh data point arrives as a key input for macro traders watching indexes and sentiment-driven moves.

• 10-year yield holds near 4.69% after rising 5 bp, driven by inflation concerns and Middle East tensions
• University of Michigan year-ahead...

Traders face a data-heavy week that could swing the S&P 500 and Dow after record highs.

• Retail earnings flood: Home Depot reports Tuesday, followed...