The USD is higher than the 3 major currency pairs – EURUSD, USDJPY and GBPUSD – to begin trading on June 23, 2026. In the video above I’ll look at what the price action has done for each pair and what the risks are, and what the targets are for each as the market fluctuates.
US stock futures are lower this morning as investors continue to reduce positions in technology and semiconductor stocks, while Treasury yields remain high – albeit lower on the day.
- Dow futures: -107 points
- S&P 500 Futures: -78 points after falling -27.79 or -0.37% yesterday
- Nasdaq Futures: -718 points after falling -351.33 points yesterday
- 10-Year Treasury Yield: Close of 4.487%, down -1.8 basis points. 2 year yield 4.200% or -2.9 basis points
- Bitcoin and Crude Oil: Bitcoin is trading at $62400 with a decline of -2.45% on the day and Crude Oil is trading at $73.50 or -0.35%. Oil bottomed at $72.48 and today it is trading above and below the 200 day moving average at $73.69 as the market stalled near the key moving average.
Semiconductor stocks are under pressure Nvidia (-2.50%), AMD (-6.20%), Intel (-6.60%), and Micron (-7.32%) All are trading lower in premarket action as investors are reevaluating AI-related valuations.
Micron’s earnings after closing
The big event today is Micron Technology earnings after the closing bell. Investors will focus on:
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Revenue ($35.75B vs. $9.3B last year) and EPS ($20.75 vs. $1.91 last year) Results vs. Expectations
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Demand for AI-related high-bandwidth memory (HBM) chips
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Profit Margin and Guidance
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Management’s approach to AI spending and data center demand
Micron’s report is seen as an important test for the broader AI business. A strong report and upbeat outlook could help stabilize semiconductor stocks, while any disappointments could extend the recent decline in tech stocks.
