00:08all right we've got some mixed futures ahead of thursday's open here s&p futures just actually
00:14in the last minute went red green here uh but barely they're up by 0.05 percent so we're not
00:21even up a tenth of a percent basically unchanged there on the s&p the dow has been strong here
00:26this morning that's up by 0.12 percent although it is off its highs and the nasdaq actually still in
00:31the red but again at unchanged and nasdaq as i'm speaking right now is making a push towards the
00:36high so maybe we go red green there basically unchanged we'll see how the session plays out
00:41and after all we are up off of the lows so far here today so we'll see if that holds
00:48now let's
00:48take a look at some cues from last session i do have some stocks in focus here for you today
00:52we've got some news that we want to run down as well um all right communication services
00:58financial and consumer discretionary stocks recorded the biggest gains on wednesday that drove
01:03most s&p 500 sectors to a positive finish while information technology and utilities underperformed
01:10u.s stock futures were mixed on thursday as the dow and the s&p rose while the nasdaq fell
01:15that was
01:16following wednesday's lower close although it's still jostling for position here in the morning
01:20investor attention is also turning towards the upcoming june non-farm payrolls report projected
01:26by fax set to rise by a hundred thousand which will be released ahead of the opening bell trading
01:30volume is expected to be light ahead of the data drop as the market will be closed tomorrow friday
01:35july 3rd in observance of independence day as u.s stocks logged their strongest quarter since 2020
01:42the market milestone was celebrated by president trump following positive developments in indirect
01:48u.s iran negotiations in qatar easing global energy supply fears trump told reporters quote
01:55as far as things are going the denuclearization of iran is moving along well end quote went on to add
02:02quote they've had very good meetings and we'll see end quote meanwhile the 10-year treasury bond yielded
02:094.49 percent and the two-year bond was at 4.17 percent the cme group's fed watch tool projection
02:15show that the markets are pricing in a 70.6 percent likelihood the federal reserve leaves the current
02:20rate interest rates unchanged during the july meeting one more thing to add to that oil here
02:27is down again today down another 1.8 percent to 67 so that actually really helps with the uh inflation
02:35outlook now we've got several stocks in focus here for you today the first one is one that we don't
02:40often look at it's franklin covey and the ticker is fc it dropped 19.69 percent in the pre-market
02:47on
02:48thursday after lowering its full-year revenue guidance overshadowing stronger profit growth
02:52in the third quarter the company cut revenue guidance to a range of 260 million to 267 million
02:59from a prior guide of 265 to 275 the next stock on our list is going to be surge pays
03:06and the ticker
03:06is s-u-r-g and it surged by 43.34 percent to sign an agreement with at&t ticker
03:14t to eliminate the
03:1550 million dollar minimum spend commitment the next stock on our list is going to be culp ticker c-u
03:23-l-p
03:24it was 1.62 percent higher after posting mixed results for the fourth quarter after the closing bell
03:29on wednesday the next stock on our list is going to be micron ticker mu it tumbled 2.1 percent
03:36as ceo
03:37sanjay mahotra said ai-driven memory demand had exceeded customer expectations and that industry
03:42supply was likely to remain constrained beyond 2027 citing growing demand across data centers smartphones
03:50pcs automotive and industrial markets the last stock on our list is core weave but it's actually also
03:58nbis so core weave is crwv it declined by 1.43 percent and nebius group is ticker nbis that fell
04:070.21 percent uh and it was continuing its slide from wednesday's meta platform news announcement
04:13meta ticker meta said it's preparing to expand into the cloud infrastructure market
04:21you
04:23on
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