Choppy markets are the order of the day.
USD/JPY is on the upswing as risk appetite improves. Stock futures are flat, erasing an earlier small decline.
Look for options activity to keep USD/JPY in check around 100.00, with $800 million in options rolling off at the top of the hour. Offers are at 100.20 with more around 100.40.
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ENPH jumps 11.6% on new commercial microinverter; still down 20% from 52-week high.
CRML surges 26% but remains pre-revenue. High hafnium potential vs. dilution risks.
BGS beats EPS estimates but sales dip 3.9%. Guidance lifted, but margins squeezed by costs. Dividend cut for debt.
Energy stocks surge 39.2% but watch out for AESI's declining margins & cash burn. CNX & VTS show strong margins.
UK gilts dumped on Burnham fears. Investors demand higher returns amid political uncertainty & fragile market.
Dow drops 500+ pts as yields, oil surge. Nvidia falls amid hot PPI inflation data. Risk rally falters.
KRUS trades at 10,317x P/E with weak sales; SPXC boasts 15.1% revenue growth & 3.9x P/S.
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