Intel Jumps Ahead Of Trump Meeting, Bitcoin Tops 120,000 – Albemarle (NYSE:ALB)

U.S. equities opened the week with little momentum as traders kept risk-taking in check ahead of a jam-packed financial and geopolitical calendar. Tuesday brings the release of July’s inflation report, with economic experts anticipating both heading and core yearly inflation to tick greater to 2.9% and 3%, respectively.

Later on in the week, attention will move to Friday’s prominent conference in between President Donald Trump and Russian President Vladimir Putin in Alaska.

By midday in New york city, the S&P 500 and Nasdaq 100 published modest gains, while the Dow Jones Industrial Average stayed flat.

In the semiconductor area, Trump validated that Nvidia Corp. NVDA and Advanced Micro Gadgets Inc. AMD will pay a 15% charge to the U.S. federal government on chip exports to China in exchange for export licenses.

AMD climbed up 2.5% and Nvidia edged up 0.3%. Intel Corp. INTC leapt 6% after CEO Lip-Bu Tan arranged a conference with Trump to go over prospective partnership with the federal government.

Trump likewise revealed procedures to deal with criminal offense in Washington, DC, revealing a public security emergency situation that will see 800 National Guard soldiers released to the capital, with the possibility of broadening the strategy to other cities.

On currency markets, the United States dollar reinforced, with the dollar index up 0.3%. Products traded broadly lower, with gold moving 1.63% to $3,345 and silver down 1.5% to $37.73.

In crypto, Bitcoin BTC/USD rebounded 1.2% to $120,000 after pulling away from $122,300 struck throughout the weekend, remaining within striking range of its mid-July record high of $123,236.

Monday’s Efficiency In Major United States Indices, ETF

According to Benzinga Pro information:

• The Lead S&P 500 ETF VOO inched 0.2% approximately $586.91.
• The SPDR Dow Jones Industrial Average DIA flattened at $441.63.04.
• The tech-heavy Invesco QQQ Trust Series QQQ increased 0.3% to $576.22.
• The iShares Russell 2000 ETF IWM acquired 0.3% to $220.84
• The Customer Discretionary Select Sector SPDR Fund XLY outshined, up 0.7%; the Energy Providers Select Sector SPDR Fund XLY lagged, down 0.7%.

Monday’s Stock Movers

• Albemarle Corp. ALB rallied 8% after a significant lithium mine stopped operations in China.
• Micron Innovation Inc. MU increased 3% after the business treked its four-quarter earnings assistance to $11.2 billion, up from $10.7 billion.
• Ford Motor Co. F fell 2% after revealing strategies to release a brand-new line of inexpensive EVs in 2027, consisting of a midsize pickup beginning at $30,000.
• e.l.f. Charm Inc. FAIRY rallied 9% after Morgan Stanley updated the stock to obese and raised its cost target from $114 to $134.

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