Traders work at the New York Stock Exchange on July 15, 2026.
NYSE
U.S. equity futures were mostly lower on Thursday, giving back some of the gains seen in the previous session, as semiconductor stocks struggled
S&P 500 futures were down 0.1%.Nasdaq 100 futures shed 0.5%. Futures tied to the Dow Jones Industrial Average added 145 points, or 0.3%, thanks to a 4% in UnitedHealth, which easily topped earnings expectations
Chip stocks fell broadly in early trade. The VanEck Semiconductor ETF (SMH) slid 2.2%, led by a 4% drop in Arm Holdings. Taiwan Semiconductor also declined by 3.9%
After SK Hynix shares plunged 11% in Seoul, Switzerland’s ST Microelectronics — Europe’s largest semiconductor manufacturer — shed 3%. Dutch chip imprint ASMI dropped 2.92%, and Germany’s Infineon Technologies fell 2.8%
Wall Street is coming off a winning session after a softer-than-expected U.S. producer price index added to optimism that inflation is cooling. Additionally, strong earnings from major financial firms reassured investors that earnings growth remains intact, despite easing inflation, while lower Treasury yields boosted demand for growth stocks, particularly mega-cap technology companies
Michael Kantrowitz, chief investment strategist and head of portfolio strategy at Piper Sandler, speaking to CNBC’s “Closing Bell: Overtime,” emphasized the importance of rates staying sideways or declining for the market to broaden
“In order for the market to broaden, I believe full stop that you need rates to either move sideways or decline,” he said. “The best backdrop for the equity market in today’s regime would be employment that stays more or less sluggish because I think that can help keep a lid on interest rates and prevent any rate hikes.”
On Thursday, investors will be looking to retail sales data and jobless claims at 8:30 a.m. ET for further signs of whether the economy is slowing enough to keep inflation under control without tipping into a meaningful downturn
Corporate earnings also remains a key driver. UnitedHealth will report its results before the bell and Netflix is scheduled to report its after the bell
17 Min Ago
UnitedHealth rises after earnings beat
UnitedHealth shares rose more than 6% in early trading after the health insurance giant posted better-than-expected results for the second quarter
The company earned an adjusted $6.38 per share on revenue of $112.03 billion. Analysts polled by LSEG expected a profit of $4.90 per share on revenue of $110.85 billion
UNH 5-day chart
UnitedHealth also hiked its full-year earnings outlook
Read more here
37 Min Ago
Psychedelic drugmaker surges 62% in premarket on Eli Lilly takeover talks
Psychedelic drugmaker AtaiBeckley soared 62% in premarket trading on Thursday following reports that Eli Lilly is nearing a deal to acquire the firm
The pharmaceutical giant may announce that it’s buying AtaiBeckley as soon as this week, with a deal being negotiated at a premium, people familiar with the matter told Bloomberg News
Eli Lilly and AtaiBeckley haven’t responded to CNBC’s request for comment on the report
AtaiBeckley is a clinical-stage biotech firm developing psychedelic-inspired medicine to treat severe mental illnesses, particularly depression, with treatments that act faster than existing options. Its flagship drug, BPL-003, is a fast-acting intranasal spray to treat treatment-resistant depression
The acquisition would bolster Eli Lilly’s neuroscience business — one of the industry’s most difficult areas to develop drugs for — which is a key area of growth alongside obesity and diabetes
— Sawdah Bhaimiya
34 Min Ago
Treasury yields rise as Wall Street awaits employment data
U.S. Treasury yields edged higher on Thursday as Wall Street awaits key employment data due later in the session.
The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — was 3 basis points higher at 4.5754%
The 2-year Treasury note yield, which more closely tracks short-term Federal Reserve interest rate policy, rose over 2 basis points to 4.1577%. The longer-dated 30-year Treasury bond yield also added 2 basis points to 5.1104%
— Joseph Wilkins
2 Hours Ago
Hong Kong’s Hang Seng rises, mainland China’s CSI 300 ends lower
Hong Kong’s Hang Seng index was up 1.29% in its last hour of trade on Thursday, while mainland China’s CSI 300 closed 1.85% lower at 4,698.43
The gains in Hang Seng were led by real estate and consumer cyclicals sectors, up 2.17% and 2.07%, respectively. Shares of Alibaba and Baidu rose 3.26% and 2.51% in Hong Kong, respectively, on the back of their partnership with Apple for deploying AI tools
—Justina Lee
3 Hours Ago
Rotork shares skyrocket 66% after ABB unveils takeover plan
ABB will buy Rotork, a U.K. industrial flow control equipment maker, for £4.1 billion ($5.6 billion), in the Swiss engineering group’s biggest-ever acquisition deal
Shares in London-listed Rotork soared 66.7% in morning trade
Zurich-headquartered ABB was last seen 1.7% lower. The electrification and automation giant beat estimates in its second-quarter earnings report, with EBITDA rising 20% to $1.93 billion
—Hugh Leask
3 Hours Ago
European shares edge lower at the open; tech stocks rise
European stocks dipped into negative territory shortly after the opening bell on Thursday, with the pan-European Stoxx 600 marginally lower by 8:06 a.m. in London (3:06 a.m. ET)
Among major bourses, France’s CAC 40 led losses on a pullback of 0.4%
Tech stocks bucked the trend, with the Stoxx 600 Technology index adding 0.5% in early trading
— Chloe Taylor
4 Hours Ago
Delivery Hero shares slip after Uber launches takeover offer
Shares in Delivery Hero fell about 1% after Uber launched a takeover bid for the German food delivery company
The deal will see Uber acquire Frankfurt-listed Delivery Hero in a deal worth 41.50 euros ($47.59) per share, with Dutch technology investor Prosus offloading its near-17% stake in Delivery Hero to Uber as part of the deal
The group will also sell its businesses in 14 markets to SSW Partners in a deal worth $1.4 billion dollars, where it would overlap with Uber’s operations on completion
The improved offer comes after one of Delivery Hero’s major shareholders earlier rejected a 38 euro-per-share offer from Uber in May
Delivery Hero.
— Hugh Leask
4 Hours Ago
UK economy grows 0.1% in May, as expected
A tourist shelters under an umbrella next to a souvenir stand on Westminster Bridge during a heat wave in London, UK, on Tuesday, June 23, 2026.
Chris J. Ratcliffe | Bloomberg | Getty Images
The U.K. economy grew 0.1% in the month to May, in line with a consensus estimate compiled by Reuters
It followed a 0.1% contraction in April and growth of 0.3% in March
May’s slight expansion in gross domestic product was led by 0.3% growth in services, Britain’s Office for National Statistics said on Thursday. That was offset by falls of 0.5% in production and 0.8% in construction
— Chloe Taylor
5 Hours Ago
European stock markets set for a positive start to the session
The Eiffel Tower and Seine River at sunrise in Paris.
Alexander Spatari | Moment | Getty Images
European markets were expected to open Thursday’s session marginally positive as investors continue to monitor developments in the Middle East and the impact on risk assets
Stoxx 50 futures were set to start the day 0.37% higher, with French CAC 40 futures up 0.11% and Germany’s DAX seen 0.07% higher. The Italian FTSE MIB was set to open 0.06% higher
However, futures for the U.K.’s FTSE 100 were down 0.31%, with the presence of several energy majors dragging the index lower as oil prices eased overnight
Brent crude, the global oil price benchmark, was last seen 0.54% lower at $84.49 per barrel. U.S. West Texas Intermediate futures were down 0.36% at $79.30
— Hugh Leask
5 Hours Ago
Gold falls 0.7% and 10-year Treasury yield edges up
Traditional safe-haven assets fell Thursday even as renewed hostilities between the U.S. and Iran over the weekend raised geopolitical concerns
The 10-year U.S. Treasury yield rose 1 basis point to 4.557%, while spot gold fell 0.7% to $4,033.50 an ounce. Silver dropped 1.2% to $57.05 per ounce
—Justina Lee
6 Hours Ago
Alibaba and Baidu shares rise in Hong Kong on Apple AI partnership
Shares of Chinese tech giants Alibaba and Baidu rose Thursday on their partnership with Apple for deploying their AI tools
Hong-Kong listed shares of Alibaba rose 5% after the company confirmed that its Qwen AI model would be integrated into Apple services in China
U.S.-listed shares of Alibaba had closed slightly higher overnight after an Alibaba spokesperson told CNBC that “Qwen will be integrated into Apple Intelligence experiences within iOS, iPadOS, macOS, and vision OS for users in China.”
Baidu’s Hong Kong-listed shares gained 1.4% as the company confirmed that it was working with Apple on Apple Intelligence features for iPhones in China
—Justina Lee
6 Hours Ago
Oil rises as Iran-U.S. hostilities raise worries of a protracted conflict
Oil rose Thursday as escalating Iran-U.S. tensions raised worries about a prolonged Middle East conflict, though gains were capped by signals that a diplomatic resolution was not off the table
Futures for international benchmark Brent crude for September delivery gained 0.19% at $85.11 a barrel. U.S. West Texas Intermediate futures for June advanced 0.40% at $79.92 per barrel
President Donald Trump said Wednesday that Iran wants to meet and make a deal, though Iran has maintained its posture of being combat ready. “They’re nasty people, but they want to make a deal,” Trump said
The U.S. military carried out fresh strikes on Iran. “The strikes are targeting Iranian military capabilities used to threaten vessels freely transiting through the Strait of Hormuz,” U.S. Central Command said
“Brent and WTI have made upward corrections in line with escalating attacks but the quantum of move is likely now tempered as the market waits to see any change in stance from the U.S. and Iran,” said June Goh, senior oil analyst at Sparta Commodities
—Justina Lee
9 Hours Ago
SK Hynix shares plunge 11% as Asia sees tech rout, tracking U.S. chip losses
Asian semiconductor stocks tumbled Thursday, as a sell-off in U.S. chipmakers spilled into the region, with SK Hynix continuing to see massive volatility since its U.S. listing last week
Shares of SK Hynix tumbled over 11% in Seoul, reversing the previous session’s 8% rally. The stock had logged its steepest one-day decline on Monday, as investors locked in profits amid growing worries over AI spending
Domestic rival Samsung Electronics dropped more than 7%. Seoul Semiconductor fell more than 5%, LG Innotek lost about 1%, and Samsung SDI was down over 2%
The weakness spread across the region. In Japan, AI-linked equipment makers Advantest fell more than 6%, SoftBank Group slid nearly 7%, Tokyo Electron lost over 5%, while Renesas Electronics declined 4%
The losses track a sell-off in U.S. semiconductor shares overnight. Micron Technology sank 8%, Intel lost more than 4%, while Lam Research and Advanced Micro Devices each fell about 3%
—Lee Ying Shan
9 Hours Ago
Bank of Korea raises rates to 2.75% in first hike in over three years
South Korea’s central bank hiked benchmark policy rates on Thursday, raising them for the first time since January 2023 as inflation in the country creeps up.The Bank of Korea’s 25 basis point hike that increased rates to 2.75% was in line with median estimates from economists polled by Reuters
The hike comes amid rising consumer prices, with headline inflation in June rising to its highest since 2023 at 3.2%
The BOK last month said that the payment of large performance bonuses recently seen at some major companies in the IT sector could spread into broader wage increases, translating to upward pressure on inflation
—Lim Hui Jie
9 Hours Ago
Shares of South Korean shipbuilders rise on optimism over U.S. naval buildout plans
Shares of South Korean shipbuilders rose Thursday, after President Donald Trump reportedly said that his administration will “probably” look at South Korean firms for the U.S. naval buildout
Shares of South Korean shipbuilders like HD Korea Shipbuilding & Offshore Engineering rose over 3%. Hanwha Ocean was up 2.2% and Hyundai Heavy added 0.9%
In March, South Korea passed a special bill to establish a state-run investment corporation to manage Seoul’s planned $350 billion investment into the U.S. The investment comprises $150 billion toward shipbuilding, as well as a $200 billion for projects in strategic sectors that will be capped at $20 billion a year
—Justina Lee
9 Hours Ago
Australian miner BHP’s shares fall over 2% on report of impending labor strike
Shares of BHP Group fell 2.8%, as reportedlyhundreds of its workers look set to walk off the job at Port Hedland
Workers and their elected representatives have failedto reach an agreement with the company over terms for a 4-year labor deal. The strike would be the most significant industrial action in three decades for the Western Australian mining industry, according to local media reports
That comes after the world’s largest company mining company reported its operational review for its fiscal year ended June
“Cost control was particularly strong, with every asset expected to be within unit cost guidance despite headwinds from inflation, higher diesel prices and global supply chain disruptions,” it said. BHP also announced a $900 million investment into the Western Australia Iron Ore industry
Based in Australia, BHP is by market capitalization that produces iron ore, copper and metallurgical coal, according to its website
—Justina Lee
10 Hours Ago
South Korea’s Kospi falls over 5% as Asia-Pacific markets open lower
Asia-Pacific markets opened lower Thursday. South Korea’s Kospi led losses in the region, declining more than 5%, while the small-cap Kosdaq fell 1.97%
Japan’s benchmark Nikkei 225 fell 2.4%, while the Topix declined 0.9%
Australia’s benchmark S&P/ASX 200 was flat at the open
— Lee Ying Shan
11 Hours Ago
Asia-Pacific markets set to open mixed as investors assess U.S.-Iran conflict
Asia-Pacific markets were set for a mixed open Thursday as investors weighed signs of a potential diplomatic opening between the U.S. and Iran amid continuing hostilities
U.S. President Donald Trump said Wednesday that Iran had expressed a willingness to negotiate, even as the U.S. military carried out more strikes against Iranian targets
Tehran has also continued to project a readiness for further conflict, with defense analysts telling CNBC there was little indication that the latest escalation between the two countries was nearing a diplomatic resolution
Japan’s benchmark Nikkei 225 was set to open lower, with the futures contract in Chicago at 67,890 against the index’s last close of 68,751.51
Futures for Hong Kong’sHang Seng index last traded at 24,829, higher than the index’s Wednesday close of 24,681.1
Futures for Australia’s benchmark S&P/ASX 200 were last at 8,821 compared to its close of 8,841.1
— Lee Ying Shan
12 Hours Ago
Stocks making the biggest moves after hours
These are the stocks making the biggest moves in extended trading:
- United Airlines — Shares fell more than 2% despite the airline topping earnings estimates. The company issued softer-than-expected guidance of $2.50 to $3.50 per share for the third quarter, versus FactSet estimates of $3.53 per share. United also said it expects $6 billion in added fuel costs.
- J.B. Hunt Transport Services — The stock jumped nearly 7% after the company reported earnings per share of $1.73, beating analyst estimates by 18 cents per share, according to LSEG. Revenue of $3.5 billion was in line with estimates of $3.25 billion. Management said demand for the intermodal service increased throughout the quarter.
— Tanaya Macheel
13 Hours Ago
Stock futures open flat
U.S. equity futures opened little changed on Wednesday night. Futures tied to the Dow Jones Industrial Average ticked lower by 11 points, or 0.02%. S&P 500 futures added 0.01% and Nasdaq 100 futures were up 0.06%
— Tanaya Macheel
