Good morning Wake-up Watchlisters! While you're sipping coffee you'll see stock futures traded lower on Thursday after three straight days of declines. Federal Reserve Chairman Jerome Powell hinted at more rate hikes yesterday, and a tech dip signaled concern about the recent bull trend. Also, Norway and Switzerland implemented rate hikes to levels not observed in over a decade. Attention readers: Time is running out. Our FREE War Room Open House starts next Monday. Bryan and Karim will be sharing their best trading strategies without any payment required from you. Last month alone, they opened and closed 32 winning trades, including gains of 214%... 190%... even 293%! All in less than 24 hours. Now, they want to prove they get RESULTS by letting you into The War Room. The Open House starts on Monday, June 26 and runs through June 30th, giving you five days worth of trades – all for free. Click here to sign up to our War Open House today. Here's a look at the top-moving stocks this morning. Spirit Aerosystems (NYSE: SPR) Spirit Aerosystems is down 9.40% premarket after the company announced it will suspend factory production. The decision comes in light of Spirit Aerosystems employees going on strike, with all IAM-represented employees deciding not to work but will receive pay for their regularly scheduled work hours. Tesla, Inc. (Nasdaq: TSLA) Tesla is down 3.65% premarket after sinking 5.5% on Wednesday, its biggest loss in two months. The drop came after a Wall Street analyst advised it was time to take some money off the table. Barclays analyst Dan Levy downgraded Tesla shares to Equal Weight from Overweight, claiming the stock's recent rally came from an overhyped AI boom. Also, Levy mentioned Tesla's recent supercharger deal with Ford and GM network is more likely to pay off in the long term than in the short term. |
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