US stocks climbed to an almost six-week high amid a rally in some of the world's largest technology companies. The NYSE FANG + index jumped 3.3% for its best session in a month, with a little help from the options market, ahead of Amazon Prime Day and an Apple Inc. product unveiling. Apple is expected to reveal four new 5G-enabled iPhones which will also come in more screen sizes.
Johnson & Johnson said its Covid-19 vaccine study has been temporarily halted after a clinical trial participant experienced an unexplained illness. The participant's condition is being evaluated, and J&J says it will share more information after further investigation. JPMorgan Chase & Co. and Citigroup Inc. kick off earnings for large-cap US banks