Strait Traffic Falls to Multi-Week Low: 8 Key Items Shaping the Stock Market Monday
TSM’s big June revenue, SK Hynix falls, Apple fights OpenAI and other headlines moving stocks this morning.
These are the early headlines and other items poised to influence the market at the start of the trading day. As we share this collection of market drivers, equity futures point to a weak start for U.S. listed equities.
1. U.S. and Iranian forces have exchanged heavy missile and drone assaults, with Tehran targeting U.S. facilities in states across the Gulf on Sunday and saying it had again closed the vital Strait of Hormuz. The renewed violence casts further doubt…