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Nasdaq 25,298 Β· Comcast to spin off NBCUniversal, Sky into separate firms ‌ ‌ ‌ ‌ ‌
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Stock Mornings
Your weekday pre-market read on US stocks.
Issue #7 Β· Monday, June 29, 2026
Volatility (VIX)  Cautious Β· 18.3  β–Ό from 18.4 yesterday
Worth noting  Microsoft (MSFT) moved +5.71% on the day.
Markets finish flat as tech pauses; corporate restructuring and geopolitical developments reshape investment landscape.
 
 

●  The Numbers

S&P 5007,354.02  -0.05%
-1.95% this week
Nasdaq Composite25,297.62  -0.24%
-4.60% this week
Dow Jones51,876.11  -0.09%
+0.60% this week
Russell 20003,010.08  +0.07%
+1.02% this week

Before the bell: see how Asia, Europe & US futures traded overnight →

●  The Movers

Leaders

MSFT Microsoft+5.71%
AAPL Apple+3.14%
AMZN Amazon+2.50%

Laggards

GOOGL Alphabet-1.84%
NVDA Nvidia-1.64%
^IXIC Nasdaq Composite-0.24%

The day's best and worst of the tracked indices and mega-caps Β· day-over-day change.

●  The Read

S&P 500 β€” description, not prediction

Between its 50-day (7,363.43) and 200-day (6,924.97) averages β€” a trend in transition. 30-day range 7,266.99–7,609.78; currently in the lower third of that range. RSI(14) 48 β€” momentum roughly neutral.

See where every market sits on the daily page β†’

●  The Brief

 Comcast to spin off NBCUniversal, Sky into separate firms

Comcast announced a tax-free spinoff separating its media and technology operations into independent public companies, a major capital restructuring affecting a large-cap holding for many investors. (CNBC)

 U.S. and Iran halt hostilities; tech shares gain premarket

A geopolitical de-escalation between the U.S. and Iran emerged alongside renewed tech buying, potentially reducing risk premiums and influencing sector rotation patterns in early trading. (CNBC)

 European earnings forecast double-digit growth for second quarter

Analysts expect European corporate earnings to grow 10% or more year-over-year, with one sector driving most gains, relevant for U.S. investors holding international exposure. (CNBC)

 Putin confirms fuel shortage amid Ukraine strikes on infrastructure

Russia's acknowledged fuel production strain from military strikes signals deepening supply-chain stress, a macroeconomic factor affecting global energy prices and market stability. (CNBC)

Partner

The charts we read every morning

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Markets 101

What is a market correction?

A drop of 10% or more from a recent high. Corrections are common and often short; the word simply labels the size of a pullback, not its cause or what happens next.

β€œMarkets are a description of today, not a forecast of tomorrow.”

Stock Mornings is an educational digest for US readers. Nothing here is financial, investment, tax, or legal advice. Stocks carry risk β€” you can lose money, and past performance does not predict future results. Some links may be affiliate links; we may earn a commission at no cost to you. Prices via Yahoo Finance, captured shortly before the opening bell.

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