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Sector Update: Consumer Stocks Mixed Pre-Bell Tuesday

Consumer stocks were mixed pre-bell Tuesday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) 0.1% higher and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) declining by 0.1%.Marriott International (MAR) is facing growing pressure from hotel owners over how it shares revenue from its Bonvoy loyalty program, as franchisees demand a larger slice of profits generated through co-branded credit card deals, The Wall Street Journal reported. Shares of Marriott International were down more than 2% premarket.Yum! Brands (YUM) stock was up more than 1% after the company said it has signed agreements to sell Pizza Hut for a combined $2.7 billion through two separate transactions.Unilever (UL) is partnering with Accenture (ACN) to increase the use of AI digital twins in its manufacturing network, the company said. Unilever shares were 0.2% higher premarket.

$ACN$MAR$UL$XLP$XLY$YUM

Sectors42d ago

Sector Update: Tech Stocks Mixed Premarket Tuesday

Technology stocks were mixed premarket Tuesday, with the State Street Technology Select Sector SPDR Fund (XLK) down 0.2% and the State Street SPDR S&P Semiconductor ETF (XSD) 0.1% higher.Qualcomm (QCOM) said it is developing more than 40 new AI device designs as it prepares for the next wave of "agent" powered consumer electronics, CEO Cristiano Amon told CNBC. Qualcomm shares were up more than 2% pre-bell.Infosys (INFY) entered into a long-term collaboration with Valmet to modernize its core IT services and improve operational efficiency and business alignment, the company said. Infosys stock was up more than 2% premarket.Mobileye Global (MBLY) shares were up more than 4% after the company said it plans to have full ownership of an autonomous ride-hailing business, expanding its robotaxi activities beyond supplying self-driving technology.

$INFY$MBLY$QCOM$XLK$XSD

Mining & Metals42d ago

Aya Gold & Silver Added to VanEck Gold Miners ETF

Aya Gold & Silver (AYA.TO) will be added to the VanEck Gold Miners ETF, effective at the close of trading on June 19, as part of the ETF's recent quarterly rebalance, the company said Tuesday.The GDX index serves as a key benchmark for precious metals mining equities and includes many of the world's largest and most liquid publicly traded gold and silver mining companies, Aya said."We believe this inclusion will enhance the liquidity and visibility of our shares while increasing awareness among a broader global investor base. It is a testament to the quality of our assets, the dedication of our team, and the continued support of our shareholders as we execute on our strategy, creating long-term value," President and Chief Executive Officer Benoit La Salle said.Aya owns the Zgounder silver mine and the Boumadine polymetallic project in Morocco.

$AYA.TO$GDX$GLD

Sectors42d ago

Oil Prices Fall Again on Hopes for a Quick Return of Persian Gulf Supply Following the Iran-U.S. Truce

Oil prices fell for a fourth-straight session early Tuesday on expectations supply is on the rise as the market anticipates the weekend truce between Iran and the United States will reopen the Strait of Hormuz and free tankers trapped in the Persian Gulf since the start of the conflict.West Texas Intermediate crude oil for July delivery was last seen down $2.89 to US$77.86 per barrel, the lowest since March 3, while August Brent oil was down $2.97 to US$80.20.Oil is now down 14% in the past four sessions as the market expects a return of Persian Gulf supply as the U.S and Iran reached a truce in the war that produced the largest-ever energy supply shock, shutting in much of the 20% of daily oil demand supplied by countries in the region.While terms of the agreement have not yet been disclosed, ships are expected to soon begin openly transiting the Strait that has been blocked since the Feb. 28 start to the war, boosting supply to the mostly Asian markets that depend on Gulf exports.However the war has damaged oil infrastructure in Persian Gulf nations following Iranian attacks on its neighbors, while shut-in oilfields could be slow to restart, keeping supply below pre-war levels, even as the market anticipates a quick return of the region's production."The (price) reaction highlights how quickly markets have shifted from pricing the largest oil supply disruption in modern history to focusing on recovery. Brent crude, which briefly traded above USD 120 per barrel during the height of the crisis, has fallen back toward the low USD 80s as traders anticipate a return of stranded supply and easing market tightness. Even so, prices remain well above the pre-war USD 60-70 range.," Ole Hansen, head commodity strategy at Saxo Bank, said.

$CLN6$LCOQ6$USO

Sectors42d ago

Sector Update: Energy

Energy stocks were declining pre-bell Tuesday, with the State Street Energy Select Sector SPDR ETF (XLE) falling 0.8%.The United States Oil Fund (USO) was down 4.1% and the United States Natural Gas Fund (UNG) was 0.3% lower.Front-month US West Texas Intermediate crude oil was 4.4% lower at $77.22 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil fell 4% to $79.87 per barrel, and natural gas futures were up 0.5% at $3.16 per 1 million British Thermal Units.Sable Offshore (SOC) stock was down more than 2% after the company said it launched a proposed senior secured term loan of up to $1 billion to refinance its existing secured term loan with Exxon Mobil (XOM).

$SOC$XOM

Insider Trading42d ago

Vivani Medical Insider Bought Shares Worth $1,999,999, According to a Recent SEC Filing

Gregg Williams, 10% Owner, Director, on June 15, 2026, executed a purchase for 1,587,301 shares in Vivani Medical (VANI) for $1,999,999. Following the Form 4 filing with the SEC, Williams has control over a total of 40,918,286 common shares of the company, with 4,799,200 shares held directly and 36,119,086 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1266806/000175392626001014/xslF345X05/form4.xml

$VANI

Insider Trading42d ago

Nerdy Insider Bought Shares Worth $250,007, According to a Recent SEC Filing

Charles K. Cohn, 10% Owner, Director, Chief Executive Officer, on June 15, 2026, executed a purchase for 250,007 shares in Nerdy (NRDY) for $250,007. Following the Form 4 filing with the SEC, Cohn has control over a total of 59,116,833 Class A common shares of the company, with 9,258,298 shares held directly and 49,858,535 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1819404/000162828026043434/xslF345X05/wk-form4_1781614890.xml

$NRDY

Sectors42d ago

Sector Update: Financial

Financial stocks were advancing premarket Tuesday, with the State Street Financial Select Sector SPDR ETF (XLF) 0.3% higher.The Direxion Daily Financial Bull 3X Shares (FAS) was up 1.3% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.9% lower.Robinhood Markets (HOOD) said it reduced its workforce by about 10% as part of efforts to maintain a high-performance culture, accelerate product development. Shares of Robinhood Markets were up more than 1% pre-bell.

$HOOD

US Markets42d ago

Olin, Huntsman Announce Merger Deal to Create Chemicals Company With Over $12 Billion in Revenue

Olin (OLN) and Huntsman (HUN) on Tuesday said they agreed to merge in an all-stock deal to create a larger North American chemicals company with more than $12 billion in annual revenue.Under the terms of the agreement, diversified chemical products maker Huntsman's shareholders will receive 0.5476 Olin shares for each share they own, the companies said in a joint statement.The transaction is expected to close in the first half of 2027, subject to regulatory and shareholder approvals. Upon completion, the combined company will be renamed OlinHuntsman. Olin shareholders are expected to own about 54.5% of the combined company, while Huntsman shareholders will own the remaining 45.5%.The combined company would have generated about $12.5 billion in 2025 revenue, the statement said. It is expected to serve a range of end markets including automotive, construction, infrastructure and industrial applications. OlinHuntsman will benefit from a lower cost position and a greater ability to convert its electrochemical unit production into downstream materials, creating new growth opportunities, according to the statement.The deal will also combine Olin's manufacturing and feedstock capabilities with Huntsman's downstream products and formulation expertise, while Olin's Winchester ammunition business will continue operating within the company."This combination provides a compelling opportunity for Olin and Huntsman to create a more resilient and value-focused chemicals company anchored in North America," Olin chief executive Ken Lane said.Olin and Huntsman expect the merger to generate more than $400 million in synergies and integration benefits.Upon closing of the transaction, Lane will lead the combined company, while Huntsman CEO Peter Huntsman will serve as non-executive chairman of the board. OlinHuntsman will be headquartered in Texas.Earlier this month, Huntsman said it sold its Italy-based automotive aftermarket components business Gomet to Trelleborg Group for about $50 million.

$HUN$OLN

Mining & Metals42d ago

Apotex Health Closes Upsized IPO and Exercise of Over Allotment In Full

$APTX.TO

Sectors42d ago

Sector Update: Health Care

Healthcare stocks were steady pre-bell Tuesday, with the State Street Health Care Select Sector SPDR ETF (XLV) up 0.3% and the iShares Biotechnology ETF (IBB) unchanged.Zai Lab (ZLAB) stock was up more than 2% after the company said the European Medicines Agency has granted orphan drug designation to its experimental therapy, zocilurtatug pelitecan, for the treatment of pulmonary neuroendocrine carcinomas, a type of lung cancer.

$ZLAB

Sectors42d ago

Sector Update: Consumer

Consumer stocks were mixed pre-bell Tuesday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) slightly higher and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) marginally declining.Marriott International (MAR) is facing growing pressure from hotel owners over how it shares revenue from its Bonvoy loyalty program, as franchisees demand a larger slice of profits generated through co-branded credit card deals, The Wall Street Journal reported. Shares of Marriott International were down more than 2% premarket.

$MAR

Asia42d ago

CSPC Pharmaceutical Marketing Application for Hypertension Drug Accepted in China

CSPC Pharmaceutical Group's (HKG:1093) marketing application for Valsartan and Levamlodipine Maleate Tablets was accepted by China's National Medical Products Administration, according to a Tuesday Hong Kong bourse filing.The indication for the application is the treatment of mild-to-moderate essential hypertension inadequately controlled by monotherapy.

HKG:1093

International42d ago

Redbook US Same-Store Sales Rise in Week Ended June 13

Redbook US same-store sales rose by 9.4% from a year earlier in the week ended June 13 after a 9.1% year-over-year increase in the previous week.Redbook noted that seasonal categories such as air conditioners, fans, pool and beach equipment, swimwear and other hot-weather apparel led the growth."Business is expected to improve slightly over the next three weeks due to warmer weather and the upcoming July 4th holiday," Redbook said.Through the second selling week for June, sales were up 9.2% compared with June 2025, below the target for a 10.6% gain, Redbook said.

International42d ago

Redbook US Same-Store Sales Rise 9.4% Year-Over-Year in Week Ended June 13 After Prior 9.1% Gain

Mining & Metals42d ago

Vitalhub Unit Novari to Deploy Referral Management Software in Northern British Columbia

Vitalhub (VHI.TO) unit Novari Health will implement wait list and referral management software technologies at Sunnybrook Health Sciences Centre and across northern British Columbia, the company said on Tuesday.The Novari technologies will integrate with Oracle Health, Northern Health's hospital information system, as well as the AGFA Enterprise Imaging PACS system and help modernize the region's delivery of surgical, diagnostic imaging, and laboratory services, a statement added."From British Columbia to Nova Scotia, the UK and beyond, having the best available referral management software paired with the most knowledgeable and experienced professional services teams, continues to earn the trust of hospitals and health systems," said John Sinclair, Novari chief executive.VitalHub shares closed down $0.01, to $7.17 on Monday on the Toronto Stock Exchange.

$VHI.TO

Sectors42d ago

Sector Update: Tech

Technology stocks were leaning lower premarket Tuesday, with the State Street Technology Select Sector SPDR Fund (XLK) down 0.2% and the State Street SPDR S&P Semiconductor ETF (XSD) declining by 0.3%.Qualcomm (QCOM) said it is developing more than 40 new AI device designs as it prepares for the next wave of "agent" powered consumer electronics, CEO Cristiano Amon told CNBC. Qualcomm shares were up more than 3% pre-bell.

$QCOM

Asia Markets42d ago

Saudi Equities Close Tuesday Higher; Anmat Technology Ticks Up

The Tadawul All Share Index closed Tuesday 0.45% in the green as market watchers turn their attention to the outcome of the three-day G7 Summit in France.The Group of Seven wealthy nations, which include the US, Canada, France, Germany, Japan, Italy, and the UK, met in France to discuss global issues, such as the Ukraine-Russia conflict, AI, and other geopolitical topics.Further to this, US President Donald Trump, his Ukrainian counterpart Volodymyr Zelenskiy, and other world leaders held a "very good" meeting that focused on reaching a peace deal for Russia and Ukraine.Back at home, the seasonally adjusted alrajhi capital Saudi Construction Index is back in the expansion territory as it rose to 51.2 in May from 48.5 in April, according to a report by Alrajhi Capital and S&P Global."The alrajhi capital Saudi Construction Index signalled an encouraging return to growth for the sector in May, supported by a rebound in residential activity, renewed growth in new work orders and stronger business expectations. The improvement in residential activity is particularly notable, as it coincides with a relative recovery in mortgage data in Saudi Arabia," Alrajhi Capital Research Head Sultan Altowaim commented. "The outlook improved significantly compared to April, with participants pointing to resilient underlying demand and Vision 2030-related projects."On the corporate front, Anmat Technology for Trading (SASE:9639) signed a deal to provide replacement and expansion services for Saudi Energy Co.'s (SASE SASE:5110) end-user devices. Both Anmat Technology and Saudi Energy closed 11.59% and 0.99% higher, respectively.

^TASISASE:5110SASE:9639

Asia Markets42d ago

Update: US Equity Futures Largely Flat as Dow Climbs to New Record Amid Anticipated US-Iran Peace Deal Signing

(Updates with economic data, recent oil price movement, world markets' overview and corporate stock movements.)US equity futures were firm pre-bell Tuesday as the Dow Jones Industrial Average climbed to a new record amid the anticipated signing of a peace deal between the US and Iran and the reopening of the Strait of Hormuz.Dow Jones Industrial Average futures were 0.3% higher, S&P 500 futures were flat, and Nasdaq futures were flat.The Dow gained 468.77 points, or 0.92%, on Monday, setting fresh intraday and closing records.Vice President JD Vance told CNBC in an interview that he expects the peace agreement to keep the Strait of Hormuz open "in a toll-free way for the long term." However, shippers say transit through the area remains unclear in the meantime, according to the report.Meanwhile, Elon Musk's Space Exploration Technologies (SPCX), known as SpaceX, continued its post-IPO rally, gaining 4.5% in pre-market activity.Oil prices were lower, with front-month global benchmark North Sea Brent crude down 4.1% at $79.75 per barrel and US West Texas Intermediate crude 4.5% lower at $77.11 per barrel.May housing starts fell to a 1.177 million annual rate from 1.392 million in the previous month, compared with expectations for a 1.43 million rate in a survey compiled by Bloomberg.US import prices jumped 1.9% in May, above the 1% increase expected and below the 2% gain in April. US export prices rose by 1.3% in May, above the 0.9% gain expected and below the 3.5% increase in April.In other world markets, Japan's Nikkei closed 0.1% higher, Hong Kong's Hang Seng ended 1.4% lower, and China's Shanghai Composite finished 0.1% lower. Meanwhile, the UK's FTSE 100 was up 0.6%, and Germany's DAX index was 0.5% higher in Europe's early afternoon session.In equities, Micron Technology (MU) shares rose 0.9% after RBC Capital Markets said in a report that the company has room for its memory-chip upcycle to continue for another five to six quarters, supported by stronger pricing, robust generative AI demand and limited industry supply growth. Qualcomm (QCOM) stock was up 3.3% after CNBC cited CEO Cristiano Amon as saying that the company is developing more than 40 new AI device designs as it prepares for the next wave of "agent" powered consumer electronics. Seagate Technology (STX) and Western Digital (WDC) shares were up 4.2% and 6.3% , respectively, after Morgan Stanley said in a note that the companies are expected to benefit from strengthening demand for hard disk drives.On the losing side, Tesla (TSLA) stock was down 1.2% after BloombergNEF said in a note that global electric vehicle sales are expected to be slower than previously expected, especially in the US, hurt by the withdrawal of regulatory support for electrification in the country. STMicroelectronics (STM) shares fell 1.8% after the company said it launched a $1.5 billion offering of senior unsecured convertible bonds and plans to redeem its outstanding $750 million zero-coupon convertible bonds due 2027.

Dow JonesNasdaq CompositeS&P 500$MU$QCOM$SPCX$STM$STX$TSLA$WDC

Treasury42d ago

Canada's April International Transactions in Securities Generate Largest Inflow of Funds Since October 2025

International transactions in securities generated a net inflow in funds of $58.3 billion to the Canadian economy over April, the largest inflow since October 2025, said the country's statistical agency on Tuesday.This was a result of international investors acquiring $46.9 billion of Canadian securities in April, led by a record investment in federal government bonds, said Statistics Canada in a statement. Meanwhile, Canadian investors sold $11.4 billion of international securities, following five consecutive monthly investments totalling $70.3 billion, it added.StatsCan noted non-resident investors acquired an "unprecedented" $38.5 billion of Canadian government bonds in April. International investment in federal government bonds reached a record $27.7 billion, for a total of $47.8 billion so far in 2026. While United States investors were the main contributors to the investment activity in federal bonds in April, increased purchases from Asian and European investors also contributed.In addition, StatsCan noted, international investors acquired $10.6 billion of provincial government bonds in April, their largest investment since January 2025. In April 2026, they also added $10.2 billion of corporate bonds to their holdings, led by instruments issued by financial institutions.StatsCan said Canadian investors reduced their exposure to foreign securities by $11.4 billion in April, the first divestment since October 2025. The reduction was in both bonds and shares.Canadian divestment in international bonds amounted to $8.4 billion in April and targeted non-U.S. foreign bonds (-$5.9 billion) and U.S. government bonds (-$3.0 billion), it added.Finally, StatsCan noted Canadian investors decreased their holdings of foreign equity securities by $3.0 billion in April. Despite the growth in US share prices, as measured by the S&P 500 composite index, investors sold $1.6 billion of US shares, mainly shares of large capitalization technology firms. Similarly, they divested $1.4 billion in non-US shares, mainly European shares.

$CXY

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Asia Markets42d ago

Update: US Equity Futures Largely Flat as Dow Climbs to New Record Amid Anticipated US-Iran Peace Deal Signing

Dow JonesNasdaq CompositeS&P 500$MU$QCOM$SPCX$STM$STX$TSLA$WDC