Trump took to Truth Social and wrote, “I have just read the response … I don’t like it, TOTALLY UNACCEPTABLE!”
On the economic front, investors will be looking out for the crucial consumer price and producer price indexes’ reports this week. Companies like Cisco Systems Inc. (NASDAQ:CSCO), Alibaba Group Holding ADR (NYSE:BABA), Applied Materials Inc. (NASDAQ:AMAT), and Hims & Hers Health Inc. (NASDAQ:HIMS) will report earnings this week.
Meanwhile, the 10-year Treasury bond yielded 4.38%, and the two-year bond was at 3.92%. The CME Group's FedWatch tool‘s projections show markets pricing a 93.6% likelihood of the Federal Reserve leaving the current interest rates unchanged during June’s meeting.
Index
Performance (+/-)
Dow Jones
-0.05%
S&P 500
-0.05%
Nasdaq 100
-0.04%
Russell 2000
-0.18%
The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 and Nasdaq 100, respectively, were lower in premarket on Monday. The SPY was down 0.085% at $736.99, while the QQQ declined 0.065% to $710.60.
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Stocks In Focus
Antelope Enterprise Holdings
Antelope Enterprise Holdings Ltd. (NASDAQ:AEHL) surged 15.83% in premarket on Monday after it unveiled $190,000 in realized gains from its “Genius Plan,” a dynamic Bitcoin-focused digital asset management strategy.
Benzinga’s Edge Stock Rankings indicate that AEHL maintains a weak price trend in the short, medium, and long terms.
Moderna
Moderna Inc. (NASDAQ:MRNA) shares jumped 8.57% as traders reacted to peer-reviewed Phase 3 flu-vaccine data. Here's what investors need to know.
Benzinga’s Edge Stock Rankings indicate that MRNA maintains a strong price trend in the long and medium terms but a weak trend in the short term.
