The Day Ahead

• U.S. TOP NEWS

  • JPMorgan marks down value of some private credit loan portfolios due to software industry turmoil.
  • Tesla delivery slide may extend to a third year, pressured by CEO Musk's focus on robotaxis and humanoid robots.
  • Oracle shares surged on an upbeat revenue forecast, easing AI spending concerns.
  • Target cuts prices on 3,000 items (apparel, home, essentials) to attract shoppers amid inflation and declining sales.
  • Campbell's cut annual forecasts due to weak demand, especially for snacks.

• MARKET RECAP AT 4 pm ET

  • S&P 500 and Dow ended lower due to escalating U.S.-Israeli war on Iran hostilities.
  • Treasury yields rose as increasing oil prices fueled inflation fears.
  • Gold declined, weighed down by a stronger dollar.