Sasha Jovanovic
3 min read
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The Morning Bull – US Market Morning Update Tuesday, Jun, 23 2026
US stock futures are mixed in early trade, with E-mini S&P 500 futures slightly down around 0.2% while Nasdaq futures are flat to modestly higher. A key driver is the US 10 year Treasury yield, which is sitting near 4.48% and indicates that borrowing costs for mortgages, credit cards, and companies remain relatively high. At the same time, investors are bracing for the PCE inflation report, the Federal Reserve’s preferred cost of living gauge, along with a busy week of US data on spending and factory orders. A central question is whether still firm borrowing costs and inflation will keep pressure on interest rate sensitive areas such as bank, utility, and real estate stocks or allow growth focused sectors such as technology to remain in favour.
With borrowing costs still firm and inflation in focus, focus on 66 resilient stocks with low risk scores before volatility returns.
Top Movers
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Credo Technology Group Holding (CRDO) jumped 11.29% after fresh analyst coverage and higher price targets highlighted its AI connectivity focus.
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Tower Semiconductor (TSEM) climbed 10.50%.
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Innio (INIO) gained 9.83%.
Is Tower Semiconductor still a smart investment or just hype? Read our most popular narrative and get all the answers you need.
Top Losers
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Space Exploration Technologies (SPCX) fell 16.43% as traders reacted to Space Exploration Technologies’ planned senior unsecured notes offering.
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AST SpaceMobile (ASTS) declined 9.26%.
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Rivian Automotive (RIVN) fell 8.60% after reports highlighted high lease prices for Rivian’s new R2 SUV.
If you are tracking stocks that have recently sold off and want a structured way to filter for balance sheet strength and more stable risk profiles, start by running a focused screen using the solid balance sheet and fundamentals stocks screener (48 results)
Look past the noise – uncover the top narrative that explains what truly matters for AST SpaceMobile’s long-term success.
On The Radar
Earnings from FedEx, Micron, Paychex and Trip.com will anchor a data light stretch for US markets.
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FedEx (FDX) reports Q4 results on Tuesday, offering a read on shipping volumes and demand that is sensitive to global trade.
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Carnival (CCL) posts Q2 numbers on Tuesday, updating you on cruise pricing, occupancy and fuel cost pressures.
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Micron Technology (MU) reports Q3 results on Wednesday, highlighting memory pricing, capital spending trends and AI server demand.
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Paychex (PAYX) issues Q4 results before the market opens on Wednesday, clarifying payroll volumes and small business hiring conditions.
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Trip.com Group (TCOM) delivers Q1 results after the close on Wednesday, outlining travel bookings and cross border demand patterns.
