Today: 26 June 2026
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NASDAQ:SYNA 26 June 2026

US futures edge lower ahead of Russell index reshuffle as chip stocks see selling

US futures edge lower ahead of Russell index reshuffle as chip stocks see selling

Russell index reconstitution triggers nearly $150 billion in expected forced trades after Friday’s close, with 62 companies joining the Russell 1000 and 237 joining the Russell 2000, potentially driving major end-of-day volatility as funds reset benchmark exposure, Reuters reports.

Stock Market Today

  • Kymera Therapeutics Surges 16.6% on Accelerated Trial Milestone and Positive Earnings Outlook
    June 26, 2026, 7:03 AM EDT. Kymera Therapeutics (KYMR) shares jumped 16.6% to $116.46, driven by early completion of enrollment in its phase IIb BROADEN2 study for atopic dermatitis (AD). This accelerates top-line data release to year-end 2026 from mid-2027, potentially enabling phase III trials by mid-2027. KT-621 has shown promising phase I results, with effective STAT6 protein degradation and clinical benefits. The company anticipates a quarterly loss of $0.64 per share, a 32.6% year-over-year increase, while revenues are expected to rise 232.1% to $38.13 million. Earnings estimate revisions have trended slightly higher, supporting potential near-term price gains. Kymera holds a Zacks Rank #3 (Hold). This momentum highlights growing investor interest in biomedicine stocks amid evolving clinical developments.

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Judge ruling puts question mark on Trump grad-loan caps for private lenders

Judge ruling puts question mark on Trump grad-loan caps for private lenders

26 June 2026
A U.S. judge blocked the Education Department’s stricter “professional degree” test, letting some high-cost graduate programs keep access to $50,000 a year in federal loans—potentially shrinking the private student loan market by up to $100,000 per borrower; Sallie Mae and SoFi’s expected multi-year private loan growth tied to federal reforms now faces new uncertainty.
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