S&P 500 Futures Slip as Fed Rate Uncertainty Builds

Macro
โดย Simply Wall St·Read original
Summary · why it matters

S&P 500 futures edged lower in early Tuesday trading while Dow futures ticked up, as the US 10-year Treasury yield hovered near 4.64% ahead of this week's Federal Reserve decision. Markets are pricing in roughly a one-in-three chance of a rate hike now and about a 56% chance by September. US durable goods orders for June rose 0.3% and a core business investment gauge gained 0.9%, signaling continued corporate spending. Among individual movers, IQVIA Holdings jumped 13.94% after its second-quarter earnings and raised guidance, Incyte gained 9.30% on higher full-year sales guidance, and Sherwin-Williams climbed 8.25% following its quarterly results and buyback progress. On the downside, Sandisk fell 14.25%, Corning declined 12.10% after Citi lowered its price target, and Bloom Energy dropped 11.34%.

Impact on stocks 11

Biotech & Genomic Medicine · 2 stocks
IQVIA Holdings Inc
IQV
▲ PositiveCapitalrelevance

IQVIA reported strong Q2 earnings and raised guidance, jumping 13.94%.

Incyte Corporation
INCY
▲ PositiveCapitalrelevance

Incyte raised full-year sales guidance, leading to a 9.30% gain.

Spatial Computing / AR/VR · 2 stocks
Artificial Intelligence · 2 stocks
Energy Transition & Power Demand · 2 stocks
Semiconductors · 1 stocks
Sandisk Corp
SNDK
▼ NegativeCapitalrelevance

Citi lowered its price target on Sandisk, driving the stock down 14.25%

Critical Materials & Supply Chain · 1 stocks
Sherwin-Williams Co
SHW
▲ PositiveCapitalrelevance

Sherwin-Williams posted quarterly results and buyback progress, climbing 8.25%.

Energy · 1 stocks