HSBC Holdings PLCHSBA
Mentioned
Impact on stocks 2
Financials
HSBC Holdings PLCConsumer Discretionary
Nike IncNKE
Mentioned
HSBC Holdings PLCNike IncUS stocks barely budged on Tuesday after a record-setting start to the week, with the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite each edging about 0.1% higher. The Dow had closed above 52,000 for the first time on Monday. Investors are heading into the last trading day of the second quarter and first half of 2026 buoyed by a Supreme Court ruling that left Federal Reserve independence intact and by the prospect of potential US-Iran peace talks in Qatar. Oil prices continued to fall, with Brent futures trading at $74 a barrel and WTI futures above $71, as flows through the Strait of Hormuz recover faster than expected. The dollar's relentless rise pushed the yen to a 40-year low, prompting talk of intervention by Japan, while HSBC warned the greenback's rally could become explosive if the Federal Reserve hints at tightening policy. A JOLTS reading on job openings in May due later Tuesday is likely to feed into bets on Fed interest rate hikes this year, and Nike is expected to report its quarterly results.
HSBC Holdings PLCNike Inc