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Wednesday's big stock stories

News | 2026/07/07 23:24

Wednesday's big stock stories

What’s likely to move the market in the next trading session

Wednesday's big stock stories. CNBC TV's producers are watching several important events that could impact the market:

  • Levi Strauss: The jeans giant reports after the bell on Wednesday. Levi Strauss shares are up 25% in three months but down 3.6% from the July 1 high:
  • South Korea: Chipmaker SK Hynix is getting closer to listing in the U.S. The iShares MSCI South Korea ETF is now off 18% from the high reached on June 18:
  • Used auto report: CNBC TV's Phil LeBeau will have details. Shares of CarMax are down 27% from the high hit last July:
  • Costco: Monthly sales for the retailer are due out at 4 p.m. ET Wednesday:
  • Energy and airlines: The Energy S&P Sector is up 2.8% in two days, while airlines are down 3.7%:
  • Meta Platforms: The stock is up more than 9% in July so far:

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