Good morning. Today is Wednesday, June 26th. I'm Rina Sherbal filling in for

Julie Morgan. NASDAQ S&P snapped three-day losing streak as Navidia

rebounds, South Korea to start granting aid to chip manufacturers and a micron Q3 preview.

U.S. stocks on Tuesday ended mixed with losses in major retailers, countering a rebound

in Navidia.

The chip giants pullback from correction territory

helped the benchmark S&P 500 and the tech-heavy NASDAQ halt a three-day slide.

Both gauges got a lift from an increase in Navidia after becoming the world's largest publicly listed firm a week ago and notching a record close,

the tech giant stock fell over 12% in the next three trading sessions and marked a technical correction.

The Dow on the other hand slipped 0.76% snapping a five day win streak.

The Blue Chip Index was way down by Home Depot and Walmart.

Since the S&P 500 scale the historic 5500 points level for the first time ever on June 20th,

Wall Street's Bull Run has taken a bit of a breather, as market participants have locked in their profits.

Andrew Hecht, investing group leader of Hecht Commodity Report, told Seeking Alpha that, quote,

markets are sleepy going into the end of the second quarter, but we could see some

window dressing before the end of this week. Bank of America analysts forecasts that gold

could climb to the 3,000 per ounce level over the coming 12 to 18 months on the back of

fed rate cuts. The significant events to watch over the coming days are Thursdays debate

between the incumbent and former presidents and the PCCE inflation data

the gauge the Fed favors for monetary policy decisions.

Investors this week will get more insight into global and US consumer trends

in the form of scheduled quarterly reports from

...