
📊 #KeyEvents Markets continue to reprice interest rate expectations following higher inflation, with growing bets that rates will be held steady in July, but a hike in September remains strongly on the table if inflationary pressures persist. • Federal Reserve member Austan Goolsbee noted early signs of improvement in services inflation, but emphasized that core inflation remains elevated and warrants caution. • Futures for the Dow Jones, S&P 500, and Nasdaq are trading sideways, with continued pressure on major tech stocks. • Micron’s revenue surged fourfold, with stronger sales forecasts and ongoing memory chip shortages expected beyond 2027, driving the stock up nearly 16%, with gains extending to shares of SanDisk and Western Digital. • In contrast, Apple’s stock fell 6.1% after announcing price increases on select devices due to rising memory chip costs, amid concerns over weakening demand. • Bayer’s stock jumped 17% following a favorable ruling from the Supreme Court. • Gold is on track for its fourth consecutive weekly loss, pressured by a strong dollar and rising expectations of tighter monetary policy, trading near $4,000. • JPMorgan appointed two new co-heads as part of its leadership succession plan. • The largest U.S. banks passed the Federal Reserve’s annual stress tests, paving the way for share buybacks and increased dividend payouts. • Bitcoin continues to face outflows from #ETF funds. - Today, June 26, $10.6 billion in Bitcoin options contracts expire on Deribit—the largest options expiry of the second quarter of 2026. - With approximately 80% of these contracts out-of-the-money following Bitcoin’s decline in June, expectations are rising for increased volatility as positions are settled and rebalanced. — Any Federal Reserve statements, Bitcoin movements, AI stocks, and semiconductor shares remain at the forefront of market attention. #WallStreet #Trading #Stocks #Investment #ArtificialIntelligence #Inflation #InterestRates #Dollar #Blockchain #Chips #mtcharts #AMD
