Market Update: Wed, June 26, 2019 | LPL Financial Research


Daily Insights

Trade hopes lifting stocks. Stocks opened higher this morning after U.S. Treasury Secretary Steven Mnuchin characterized the U.S.-China deal as having been 90% completed. Consensus expects enough progress to at least delay the next round of tariffs, though we expect meaningful progress may take several more months. Reports that U.S. technology companies have resumed shipments to Huawei after finding sanction work-arounds are also helping sentiment.

Midyear Outlook 2019 Focus: Policy. Policy gets a lot of real estate in our just-released Midyear Outlook 2019: FUNDAMENTAL: How to Focus on What Really Matters in the Markets. It’s no coincidence policy is chapter one because it’s such a big part of the economic and market outlook for the second half of this year. For more on our policy insights, see today’s LPL Research blog, featuring content from the just-released Midyear Outlook publication.


Click Here for our detailed Weekly Economic Calendar



  • GDP Report (Third Revision, Q1)
  • Initial Jobless Claims (June 22)
  • Pending Home Sales (May)
  • Eurozone Economic Confidence Index (June)
  • Japan Jobless Rate (May)
  • Japan Industrial Production (Preliminary, May)


  • Personal Income (May)
  • Core PCE (May)
  • University of Michigan Sentiment Index (June)
  • UK GDP Report (Q1)
  • Eurozone CPI Report (Preliminary, June)


The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual security. To determine which investment(s) may be appropriate for you, consult your financial advisor prior to investing. The economic forecasts set forth in this material may not develop as predicted.

All indexes are unmanaged and cannot be invested into directly. Unmanaged index returns do not reflect fees, expenses, or sales charges. Index performance is not indicative of the performance of any investment.

Investing involves risks including possible loss of principal. No investment strategy or risk management technique can guarantee return or eliminate risk in all market environments.

Because of their narrow focus, sector investing will be subject to greater volatility than investing more broadly across many sectors and companies.

International investing involves special risks such as currency fluctuation and political instability and may not be suitable for all investors. These risks are often heightened for investments in emerging markets.

All company names noted herein are for educational purposes only and not an indication of trading intent or a solicitation of their products or services. LPL Financial doesn’t provide research on individual equities.

All performance referenced is historical and is no guarantee of future results.

This research material has been prepared by LPL Financial LLC.

Securities and advisory services offered through LPL Financial (LPL), a registered investment advisor and broker-dealer (member FINRA/SIPC). Insurance products are offered through LPL or its licensed affiliates. To the extent you are receiving investment advice from a separately registered independent investment advisor, please note that LPL is not an affiliate of and makes no representation with respect to such entity.

If your advisor is located at a bank or credit union, please note that the bank/credit union is not registered as a broker-dealer or investment advisor. Registered representatives of LPL may also be employees of the bank/credit union. These products and services are being offered through LPL or its affiliates, which are separate entities from, and not affiliates of, the bank/credit union. Securities and insurance offered through LPL or its affiliates are:

Not FDIC or NCUA/NCUSIF Insured | No Bank or Credit Union Guarantee | May Lose Value | Not Guaranteed by Any Government Agency | Not a Bank/Credit Union Deposit

Index data obtained via FactSet


For Public Use – Tracking # 1-867060 (6/20)