00:08all right we got green arrows across the board as mentioned right before the futures opened
00:13we heard that uh iran and the u.s are going to stop attacking each other and perhaps even meet
00:20and talk about things really convenient that that happened uh right before the futures opened they
00:25did trade up initially came back in but here we are this morning we've got green arrows across the
00:31board s p futures up by 0.85 percent dow futures up by 0.45 percent and the nasdaq leading
00:37the way
00:38higher 1.18 percent in the green we'll see if this holds here and we'll also take a look at
00:44the spy
00:45chart uh here real soon before we do that let's take a look at some cues from last session and
00:51what
00:51we have on deck here today health care consumer discretionary and real estate stocks led the
00:56gains on friday as most s p sectors closed higher though industrials and tech bucked the trend to
01:01finish lower u.s stocks settled down overall with the nasdaq composite dropping over 50 points
01:07the market's fifth consecutive losing session u.s stock futures rose on monday as the dow nasdaq and
01:13s p indices rose following friday's mixed close late sunday the trump administration announced that
01:20both the u.s and iran will quote stand down for now end quote allowing commercial vessels to once
01:26again move freely freely through the critical strait of hormuz shipping corridor furthermore technical
01:33technical implementation talks regarding the initial peace memorandum remain quote on track end quote
01:40with a high-level diplomatic summit officially scheduled for tuesday in doha qatar corporate earnings
01:46scheduled for release in this truncated week feature notables updates from nike ticker nke
01:52constellation brands ticker stz and general mills ticker gis meanwhile the 10-year treasury bond yielded
02:004.38 percent and the two-year bond was at 4.1 percent the cme group's fed watch tool projections
02:07show
02:07markets pricing a 70.6 percent likelihood of the federal reserve leaving the current interest rates
02:13unchanged during the june meeting we'll see if that holds up until the june meeting now we've got
02:20several stocks in focus here for you today the first one is going to be viriden therapeutics and the
02:24ticker is vrdn it jumped 11.45 percent in the pre-market on monday as it announced the u.s
02:30fda approval and launch of lumvoa the treatment for thyroid eye disease the next stock on our list
02:39is going to be qualcomm and the ticker is qcom it was up 2.65 percent following last week's
02:44announcements of its deal to purchase ai software company modular for about 3.9 billion and raising
02:51its long-term outlook at its 2026 investors day projecting 40 billion in non-handset revenue by
02:57fiscal 2029 the next stock on our list is going to be universe pharmaceuticals and the ticker is
03:03upc it surged 222.97 after disclosing that it will acquire best praise international for 10.75 million
03:14the next stock on our list is going to be hp and the ticker is hpq it was 0.31
03:20percent higher after
03:21it announced on sunday a strategic partnership with open ai to integrate the frontier platform
03:27across its business operations and customer facing services the last stock on our list is going to
03:33be big red it is verizon communications the ticker is vz it was three tenths lower as it agreed to
03:39combine its respective international operations in a 50 50 joint venture with the bt group creating a
03:45new company focused on multinational connectivity
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