U.S. EIA weekly natural gas storage report for the week ended June 19 due in ten minutes.

The US Geological Survey said on June 24 local time a magnitude-7.5 earthquake struck offshore northern Venezuela near Morón, close to the epicenter of an earlier magnitude-7.1 quake. The USGS said the two quakes may cause "a large number of casualties and widespread damage."

Price-target moves: JP Morgan raised Micron Technology target from $550 to $1,540; Susquehanna raised to $2,000 from $1,750; D.A. DAVIDSON raised to $2,000 from $1,500; RBC raised to $1,500 from $1,200; CLSA sets $1,320 and rates Outperform; Morgan Stanley raised its target to $1,200 from $1,050, maintaining Overweight. Market takeaways: Analysts say Micron’s profit-normalization may be higher than previously expected and the next downcycle could be more insulated; the blowout results make profit-taking difficult and have provided a lift to weak tech. Earnings reaffirm an intact AI investment cycle, boosting semiconductor sentiment and supporting elevated valuations while earnings outlook holds. Several strategists note memory-chip demand now appears to outstrip supply, implying greater reliability in a traditionally cyclical market.