The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities. Analysts are optimistic that the computer maker can tap into the AI boom, despite disappointing results in its most recent quarterly update. The company has been in talks on a server deal with Elon Musk’s xAI.
Stock market today: Dow, S&P 500, Nasdaq futures hit pause as Trump’s deadline delay gives hope of trade deals
“What we are waiting for to reduce rates is to understand what will happen with the tariff inflation. There is a lot of uncertainty about that,” Powell said, adding, “Ultimately, the cost of the tariffs has to be paid.” Align Technology’s robust product line, balanced growth across all channels and consistent focus on international markets to drive growth bolster our confidence in the stock. Several Canadian banks are scheduled to report, including Royal Bank of Canada, Toronto Dominion Bank, Bank of Montreal, and Bank of Nova Scotia.
Services Overview
Thus, the trim off record highs we saw before the opening bell turned into a full haircut.Markets were off session lows, with a little up-turn in the final minutes to salve the daily losses. The Dow closed -422 points, -0.94% on the day, while the S&P 500 was -49 points, -0.79%. The Nasdaq was more or less in-line, -188 points or -0.92%, while the small-cap Russell 2000, freshly entering the green once again year to date, dumped -1.58% for the session. Bond yields inched up throughout the day, from +4.36% on the 10-year and +3.88% on the 2-year to +4.39% and +3.90%, respectively.
Bonds & rates
They said recent storms and strikes could weigh on job growth, making the report difficult to interpret. Alphabet reports on Tuesday, followed by Microsoft and Meta on Wednesday. The inclusion of a company in the Dow Jones Industrial Average does not depend on defined criteria. Instead, an independent Wall Street Journal commission decides whether a share is to be included or excluded. There are no fixed times for reviewing the composition of the index, since changes are only made by the commission as and when they are needed. Like the Swiss Market Index (SMI), the Dow Jones is a price index.
If the economy stays hot, the Fed could slow or even pause its easing cycle and spark a recalibration in markets that causes fresh volatility for stocks. The NASDAQ Index experienced a pullback today, largely influenced by a drop in Tesla’s stock. Investors are closely monitoring these developments, as fluctuations in major stocks like Tesla can lead to increased uncertainty in the tech sector. Analysts suggest that sustained declines in key stocks may prompt a more significant correction in the NASDAQ if investor sentiment continues to waver.
Lowe’s report is scheduled for the following day and comes after it forecast in December a return to sales growth in 2025 while the retailer contends with a sluggish housing market that has cut into consumer spending. An update on the U.S. international trade balance is scheduled for Friday, coming as investors are closely following tariff proposals from President Donald Trump. On Friday, the scheduled release of the Personal Consumption Expenditures (PCE) Price Index for January will show whether the Fed’s preferred measure of inflation continues to accelerate. PCE rose, as expected, in December and the January reading of the Consumer Price Index (CPI), a separate inflation measure, also showed price pressures increasing more than expected. After a blockbuster September jobs report, the stakes are high for October’s jobs data on Friday. The Wedbush Securities analyst and tech bull Dan Ives described this week as the “world series for big tech.” He predicted that earnings results would come in strong and send tech stocks higher into the end of the year.
Fed dot plot reveals more divided central bank
Sign up for CNN Business’ nightly newsletter for the top stories you need to know. Sign up for CNN msci emerging market index today Business’ newsletter for the top stories you need to know. Trump’s trade plans are likely to be significantly clearer by the end of this week. You can see the full Zacks #1 Rank List or narrow it down to Zacks #1 Rank Stocks with a Value, Growth, Momentum or Income Style Score of A or B.
- Friday’s release of the Personal Consumption Expenditures (PCE) index will give Federal Reserve officials more data about inflation’s path in January.
- Zacks Ranks stocks can, and often do, change throughout the month.
- The odds of a July rate cut were slashed shortly after the jobs report, with market participants pricing in a 4.7% chance the Fed could trim rates at its next policy meeting, according to the CME FedWatch tool.
- The data points will be key inputs for the Federal Reserve’s interest-rate cuts.
- We cover more than 1,000 of the most widely followed stocks in our Equity Research Reports.
- Sign up for CNN Business’ nightly newsletter for the top stories you need to know.
News Tips
- Monday, July 7, 2025Just when we thought it was safe to take our eye off the market… threats of new tariffs from President Trump rear their ugly heads again.
- China’s threat came after Trump sent over a dozen letters to trade partners warning of higher tariffs in August.
- The Zacks #1 Rank List is the best place to start your stock search each morning.
- Each weekday, you can quickly see the Zacks #1 Rank Top Movers from Value to Growth, Momentum and Income, even VGM Score.
Except for Apple, the tech giants reporting this week are among Nvidia’s biggest customers. As Nvidia’s earnings aren’t for another month, the third-quarter results and executive commentary will be gauges of demand from the so-called hyperscalers driving the bulk of GPU sales. Wondering how to pick strong, market-beating stocks for your investment portfolio? The Zacks Focus List offers investors a way to easily find top-rated stocks and build a winning investment portfolio. The median official’s forecast for the federal funds rate at the end of 2025 was 3.9%, which would likely represent two 25-basis-point cuts this year.
China’s threat came after Trump sent over a dozen letters to trade partners warning of higher tariffs in August. Fed Chair Jerome Powell said the right move for the central bank at this juncture was to hold steady to study the near-term path of inflation. For privacy and data protection related complaints please contact us at Please read our PRIVACY POLICY STATEMENT for more information on handling of personal data. Robust vehicle offerings, electrification strides, China restructuring efforts, solid liquidity are expected to drive General Motors. Various sales-boosting initiatives and cost-saving efforts undertaken by the company are expected to drive growth. General, administrative and store operating expenses increased 4.3% year over year to $437 million in the fiscal first quarter.
Hardware retailers are also on this week’s corporate calendar, with Home Depot’s report expected Tuesday. The home improvement store topped analyst estimates for revenue and earnings in the prior quarter, and raised its full-year revenue outlook. Friday’s release of the Personal Consumption Expenditures (PCE) index will give Federal Reserve officials more data about inflation’s path in January. Market watchers are also looking for expected updates to U.S. gross domestic product (GDP), the housing market, consumer confidence, and the U.S. trade balance.
At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +23.62% per year. These returns cover a period from January 1, 1988 through June 2, 2025. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return.
Note that you should also add your mutual fund and ETF positions to monitor changes in their Zacks Rank as well. Limited servicing fee growth opportunities and relatively higher rates affect its margins, hampering Navient’s top-line growth. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer.