Today: 13 June 2026
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NASDAQ:KEY 30 April 2026

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  • Cotton Futures Hold Steady as USDA Reports Revised Export Data
    June 13, 2026, 8:57 AM EDT. Cotton futures showed steady trading on Friday with July contracts up 43 points while other contracts edged slightly lower. The U.S. Department of Agriculture (USDA) raised its export projection for old crop cotton to 11.541 million running bales (RB), surpassing 101% of its target, although shipments lagged at 80.3% of estimates. USDA's World Agricultural Supply and Demand Estimates (WASDE) report cut old crop stocks by 200,000 bales to 4.2 million and raised exports by the same amount to 12.2 million bales. The July cotton contract closed at 72.92 cents per pound, reflecting market sensitivity to tighter stocks and export data. Meanwhile, crude oil prices fell $2.85 to $84.86 a barrel and the U.S. dollar index slipped slightly to 99.740.

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Oil stocks set for weekend as crude drops on Iran deal talk

Oil stocks set for weekend as crude drops on Iran deal talk

13 June 2026
Brent crude plunged 3.37% to $87.33 and WTI fell 3.23% to $84.88 Friday as hopes for a U.S.-Iran deal slashed oil’s geopolitical risk premium, but energy stocks like XLE closed nearly flat for the week, with investors awaiting confirmation of a memorandum and real oil flow changes through the Strait of Hormuz before making their next move.
AMD Upgrade, SK Hynix Nasdaq Plan Push AI Chip Makers Higher

AMD Upgrade, SK Hynix Nasdaq Plan Push AI Chip Makers Higher

13 June 2026
AMD soared 4.7% to $511.57 after Citi upgraded the stock to Buy and raised its price target to $575, citing AMD’s growing strength in AI GPUs and potential deals with Meta, while Nvidia was little changed and Broadcom slipped despite record AI revenue.
Big Tech Trades Lower With SpaceX IPO and Fed In Focus

Big Tech Trades Lower With SpaceX IPO and Fed In Focus

13 June 2026
Hedge funds dumped major tech stocks ahead of SpaceX’s record IPO, dragging the Magnificent Seven ETF down over 2.4% since June 5 even as the Nasdaq rose, as investors brace for the Fed’s June 16–17 meeting and updated rate projections.
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