Key Stock Market Events and Developments for Monday, June 29
The stock market is showing early gains as tensions ease between the U.S. and Iran after agreeing to halt military strikes. Honeywell has spun off its aviation business into a new entity called Honeywell Aerospace (HONA), while Quantum computing firm Quantinuum received multiple buy ratings from analysts. SpaceX will be added to the Nasdaq 100 index on July 7, and Rocket Lab is acquiring Iridium Communications for $8 billion.
Topics: Honeywell spinoff Rocket Lab acquisition SpaceX Nasdaq inclusion