My top 10 things to watch Tuesday, July 9 U.S. stock futures pushed higher after more records for the S & P 500 and Nasdaq . Bond yields were up ahead of Federal Reserve Chairman Jerome Powell's semiannual economic testimony on Capitol Hill. He goes before the Senate Banking Committee on Tuesday and the House Financial Services Committee on Wednesday.
BofA cites a 13% increase in App Store revenue for Apple's fiscal third quarter, which will be reported on Aug. 1. The analysts maintained a buy rating and a $230-per-share price target. Wedbush sees "more signs of iPhone stabilization" in China and a 12-month price target of $275 per share that would put Appleunveils a cruise ship for Japan, which is set to sail out of Tokyo in fiscal 2028.
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