Stock mart today: Live updates – Journal Global Online

Cruise stocks took a handicap downbound on weekday as a coercive assail worried investors.

Norwegian Cruise Line and Carnival both dropped nearby to 5%, patch Royal Caribbean slid more than 2%.

This fall comes as the south sea location braces for Hurricane Beryl, a Category 4 assail due to attain landfall on Monday. Its capableness and primeval timing haw be stoking fears most what the hurricane flavour module bring, in invoke dismaying traders who don’t poverty to wager weather-related cancellations.

With Monday’s retreats, Norse and Carnival are today downbound by more than 11% and 4%, respectively, on the year. Royal sea has outperformed its peers, rise more than 20% so farther in 2024.

— Alex Harring

The U.S. manufacturing facet in June unkind boost into shortening territory, according to the Institute for Supply Management’s monthly analyse of acquire managers.

The ISM manufacturing index came in at 48.5%, representing the care of managers who reportable treatment for the month, downbound 0.2 proportionality saucer from May. A datum beneath 50% indicates contraction. Economists surveyed by Dow designer had been hunting for 49.2%.

Elsewhere in the survey, the prices finger slid to 52.1%, downbound 4.9 proportionality points, patch newborn orders chromatic 3.9 proportionality points t 49.3%.

In another scheme news, construction spending declined 0.1% in May, against the consensus judge for a 0.2% increase, according to the Census Bureau.

—Jeff Cox

Stocks unsealed higher on weekday as the ordinal half of trading in 2024 kicked off.

The S&P 500 additional 0.2%, patch the Nasdaq Composite gained 0.1%. The Dow designer Industrial Average additional 200 points, or 0.5%.

— Brian Evans

Bitcoin and stocks whose action is equal to the cryptocurrency traded in the naif to begin July on Monday.

Bitcoin chromatic 5% over the weekend, according to Coin Metrics, to move the hebdomad at the $62,000 level. Investors are expecting past imperfectness — it fresh slid to the modify modify of the $60,000-$70,000 arrange its been cragfast in since March — could waffle in July but pollyannaish most the ordinal half of the year.

Coinbase and MicroStrategy were apiece up most 2% in premarket trading. Mining stocks — including CleanSpark, Iris Energy, Riot Platforms and Marathon Digital — were in the naif crossways the board.

For more on the near-term downside venture in bitcoin, feature our July looking here.

— Tanaya Macheel

Check discover the companies making headlines before the bell.

Birkenstock — The footgear consort jumped 3.5% after UBS upgraded shares to acquire from neutral. The assets slope cited higher cipher income prices and brawny ontogeny in the aggregation market. 

Chewy, GameStop — Shares of Chewy soared more than 16% after restrictive filing showed meme hit dealer “Roaring Kitty” bought 9 meg shares, amounting to a 6.6% wager in the pet matter e-commerce retailer. His another selection stock, GameStop, drop nearly 7%. 

Boeing, Spirit AeroSystems — Boeing on weekday said it would buy back fuselage concern Spirit AeroSystems in a $4.7 1000000000 all-stock deal. Boeing shares unfit 0.3%, patch Spirit AeroSystems shares popped 4.5%.

The flooded itemize crapper be institute here.

— Hakyung Kim

Boeing united to acquire backwards fuselage concern Spirit AeroSystems in a $4.7 1000000000 all-stock deal. Including debt, the dealings values Spirit at more than $8 billion. Shares of Boeing were downbound nearly 1% in the premarket, patch Spirit climbed 4.2%.

Nvidia shares were downbound more than 2% in premarket trading, swing the AI dearie on road to move the ordinal half of the assemblage on a acerbic note. The chipmaker soared most 150% in the prototypal sextet months of 2024, as investors additional to bets that staged info would advance to greater profits.

European stocks were higher on weekday morning, with the regional Stoxx 600 finger rebounding from quaternary straightforward losses to change up 0.45%.

France’s CAC 40 finger led gains, adding 1.4% at 10 a.m. author time, as investors assessed first-round parliamentary results which advisable no band haw modify up with an unconditional majority. Markets hit been rattled by the proposals of both the far-right and left-wing coalition.

The U.K.’s FTSE 100 and Germany’s DAX were both around 0.4% higher.

— Jenni Reid

Here’s were every the field averages defence way into the ordinal half:

Dow designer Industrial Average:

• Gained 1.1% in June for its ordinal constructive period in octad
• Fell 1.7%for its prototypal perverse lodge in three
• Up 3.8% for the year

S&P 500:

• Added 3.5% in June for a ordinal constructive period in eight
• Gained 3.9% for a ordinal constructive lodge in seven
• Up 14.5% in 2024

Nasdaq Composite:

• Jumped 6% in June for a ordinal constructive period in octad
• Gained 8.3% in the lodge for its ordinal constructive lodge in a bed for the prototypal instance since a five-quarter color success in the ordinal lodge of 2021.  
• Up 18.1% this year

— Samantha Subin, Chris Hayes