June S&P 500 E-Mini futures (ESM24) are down -0.11%, and June Nasdaq 100 E-Mini futures (NQM24) are down -0.19% this morning as market participants awaited U.S. business activity data while also gearing up for the so-called triple-witching event later in the day.
In yesterday’s trading session, Wall Street’s major indices ended mixed. Jabil (JBL) slumped over -11% and was the top percentage loser on the S&P 500 after the company cut its full-year revenue guidance. Also, Qualcomm (QCOM) slid more than -5% after the Wall Street Journal reported that Samsung’s new AI laptops faced operational issues with Windows 11 and the Qualcomm processor. In addition, Trump Media & Technology Group Corp. (DJT) tumbled over -14% following the SEC’s declaration that the company’s April S-1 registration statement had become effective. On the bullish side, Gilead Sciences (GILD) climbed more than +8% and was the top percentage gainer on the S&P 500 and Nasdaq 100 after announcing that a Phase 3 PURPOSE 1 trial of its experimental therapy, lenacapavir, demonstrated 100% efficacy in the prevention of HIV in cisgender women.
