Key insights
- US stocks are trading near flat amid Middle East uncertainty. Micron is up following a bullish initiation from Melius Research. Verizon is climbing after reporting positive subscriber growth and raising full-year earnings guidance. Investors are anticipating earnings reports from most of the Magnificent Seven this week.
Yahoo Finance anchor Josh Lipton tracks Monday's top-moving stocks and biggest market stories.
Micron (MU) stock is moving higher as Melius Research initiates coverage of the company with a $700 price target.
Verizon (VZ) stock is climbing after the company reported mobile subscriber gains in its most recent quarterly earnings report.
It's time for Yahoo Finance's Market Minute. US stocks trading near the flat line here amid ongoing Middle East uncertainty. Iran has reportedly put forward a new proposal to lift its blockade of the key Hormuz waterway and end the war, but would push nuclear negotiations to a later date, according to Axios.
Investors are also looking ahead to a pivotal week of earnings as most of the magnificent seven companies are all set to report.
Shares of Micron jumping higher in Friday trade after Melius Research initiates coverage on that stock with a two-year price target of 700, target representing a 35% upside from current levels.
And lastly, Verizon stock climbing on a surprise mobile subscriber gain. The company saw its first positive phone subscriber growth in the first quarter since 2013. Verizon also raising its full-year earnings guidance.
And that's your Yahoo Finance Market Minute. Scan the QR code below to track the best and worst performing stocks for the trading session.