Walgreens, McCormick & Co., International Paper Stock Updates June 2025: Prices & Market Moves
Explore the latest June 2025 stock market shifts with Walgreens, McCormick & Co., International Paper, and more as key inflation data approaches. Stay updated on earnings, forecasts, and market trends impacting your investments.
Bill McColl brings over 25 years of expertise as a senior producer and writer across TV, radio, and digital platforms, guiding teams of anchors, reporters, and editors to deliver compelling news coverage on pivotal events.
Market Highlights
- On June 27, 2024, the Dow and Nasdaq climbed higher, while the S&P 500 showed little change ahead of the critical consumer inflation report set for Friday.
- Walgreens Boots Alliance missed earnings expectations, lowered its outlook, and announced store closures due to decreased consumer demand, causing its shares to fall.
- McCormick & Co. experienced a significant share increase after surpassing profit and sales projections, with optimistic volume forecasts for the latter half of 2024.
The Dow Jones Industrial Average and Nasdaq Composite gained momentum midweek, reflecting cautious investor optimism as the market awaits Friday's pivotal consumer inflation figures that could influence Federal Reserve interest rate policies.
McCormick & Co. (MKC) outperformed analyst predictions for Q2 profits and sales, signaling improved volume expectations for the remainder of 2024, boosting investor confidence.
Shares of Arista Networks (ANET) rose following Citi's upgraded price target, citing anticipated benefits from growing artificial intelligence (AI) demand.
Intuit (INTU) saw share gains after Airwallex announced integration plans with Intuit’s QuickBooks accounting software, enhancing its payment solutions.
Walgreens Boots Alliance (WBA) encountered the steepest losses among Dow and S&P 500 stocks, as the company reported disappointing earnings, cut its outlook, and revealed plans for significant store closures amid weak consumer spending.
International Paper (IP) shares declined sharply after Brazil’s Suzano terminated its acquisition attempt of the pulp and paper company.
Micron Technology (MU) shares slipped following a Q3 profit miss relative to analyst forecasts and a cautious revenue outlook.
Commodities such as oil and gold futures increased, while the 10-year Treasury note yield decreased. The U.S. dollar weakened against the euro, pound, and yen. Major cryptocurrencies generally experienced price gains.
Discover engaging topics and analytical content in Markets News as of 02-07-2024. The article titled " Walgreens, McCormick & Co., International Paper Stock Updates June 2025: Prices & Market Moves " provides new insights and practical guidance in the Markets News field. Each topic is meticulously analyzed to deliver actionable information to readers.
The topic " Walgreens, McCormick & Co., International Paper Stock Updates June 2025: Prices & Market Moves " helps you make smarter decisions within the Markets News category. All topics on our website are unique and offer valuable content for our audience.