CITIGROUP raises BofA (BAC.N) price target to $66 from $62.

S&P Global’s preliminary June Japan PMI showed overall business activity rose for the first time since the outbreak of the Middle East war; seasonally adjusted composite output index increased from 51.1 in May to 52.5, signalling stronger demand. S&P GLOBAL MARKET INTELLIGENCE’s Annabel Fiddes said part of the expansion is driven by war-related restocking and may be temporary as inventories fill and cost pressures intensify. The survey recorded the largest rise in input costs in nearly four years, lifting average selling prices, with inflation and supply-chain disruption continuing to weigh on firms’ outlook.

歐洲汽車製造商協會：5月份歐盟、英國及歐洲自由貿易聯盟乘用車註冊量同比增長3.6%，年初至今增長4.5%。