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EWU

QQQ

SPY

TLT

The U.S. stock markets, including NYSE and NASDAQ, will be closed on July 4, 2024, for Independence Day, with early closure on July 3. Bond markets will follow a similar schedule. International markets will remain open. The UK will hold parliamentary elections on July 4, but the FTSE 100 will operate normally. U.S.-based ETFs tracking UK stocks, like EWU, will not trade. Normal trading resumes on July 5, with attention on the U.S. jobs report. Analysts predict a deceleration in employment and salary growth for June.

Portfolio Pulse from Piero Cingari

July 05, 2024 | 2:59 pm

CYN

Trading for CYN was halted at 4:50:00 p.m. ET due to pending news. Investors should stay tuned for further updates.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 2:59 pm

PHIO

Trading for PHIO Pharmaceuticals Corp. (PHIO) was halted at 4:50:00 p.m. ET due to pending news. Investors should stay tuned for further updates.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 2:59 pm

BITO

COIN

Cryptocurrency markets are trading lower with Bitcoin, Ethereum, and Dogecoin all in the red. Bitcoin is struggling to maintain its $60,000 support level. Notable statistics include a drop in Bitcoin's large transaction volume and daily active addresses. Significant liquidations and open interest levels are also observed. CoinDCX has acquired BitOasis, marking its entry into the MENA market. Analysts predict potential further declines if Bitcoin breaks key support levels.

Portfolio Pulse from Khyathi Dalal

July 05, 2024 | 2:59 pm

SPY

The Federal Open Market Committee (FOMC) released the minutes for its June 11-12, 2024 meeting. The minutes indicate a cautious approach to future interest rate hikes, with members expressing concerns about inflation and economic growth. This could impact market sentiment and influence the performance of major indices and ETFs, including SPY.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 2:59 pm

NVDA

Experts discuss the decoupling of Bitcoin and Ethereum from tech stocks, suggesting a maturing market. While the Nasdaq, led by Nvidia, continues to rally, Bitcoin and Ethereum remain range-bound. Rising expectations for Fed rate cuts could be bullish for crypto, but the upcoming U.S. election adds uncertainty.

Portfolio Pulse from Khyathi Dalal

July 05, 2024 | 2:59 pm

PDD

Arkansas Attorney General Tim Griffin has filed a lawsuit against Chinese retailer Temu, owned by PDD Holdings (NASDAQ:PDD), accusing it of being a 'data-theft business' and violating state laws. Temu denies the allegations, claiming they are based on misinformation. The lawsuit comes amid increasing geopolitical tensions between the U.S. and China.

Portfolio Pulse from Hayden Buckfire

July 05, 2024 | 2:59 pm

SPY

The FOMC minutes reveal that participants observed 'modest further progress' toward the 2% inflation objective in recent months. Developments in product and labor markets were noted as supporting the judgment that price pressures are diminishing.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 2:59 pm

SPY

The FOMC minutes revealed that several participants believe if inflation remains high or increases, the federal funds rate might need to be raised.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 2:59 pm

GOOG

GOOGL

Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) is poised for a strong 2024, driven by strategic advantages such as political ad spending, generative AI integration, and YouTube's growth. Needham analysts rate Google as a 'Buy' and suggest that breaking up the company could drive 10%-15% upside for shareholders.

Portfolio Pulse from Surbhi Jain

July 05, 2024 | 2:59 pm