June S&P 500 E-Mini futures (ESM24) are up +0.37%, and June Nasdaq 100 E-Mini futures (NQM24) are up +0.62% this morning as trading resumed after the Juneteenth holiday, with investors looking ahead to a new round of U.S. economic data.
In Tuesday’s trading session, Wall Street’s main stock indexes closed higher, with the benchmark S&P 500 posting a new all-time high. Nvidia (NVDA) gained over +3% after Rosenblatt Securities raised its price target on the stock to $200 from $140. Also, Micron Technology (MU) advanced more than +3% after Bank of America added the stock to its “U.S. 1 List.” In addition, Silk Road Medical (SILK) surged over +24% after Boston Scientific entered into a definitive agreement to acquire the company for about $1.16 billion, or $27.50 a share. On the bearish side, Lennar Corporation (LEN) slumped about -5% after the homebuilder provided weaker-than-expected Q3 new orders and home deliveries guidance.
