Stocks1 July 2026
2 min read

TMUS and SPGI climb on rebound and Mobility spin-off

Key Facts

1TMUS closed up 3.23% on July 1, rebounding from a recent 52-week low.
2Analysts remain bullish on TMUS despite Starlink competition concerns and customer backlash over legacy plan migrations.
3SPGI closed up 7.99% on July 1 after completing the spinoff of its Mobility division into an independent entity.
4The report says the spinoff may sharpen S&P Global's focus on its core ratings, indices, and market intelligence businesses.

In a move that reflects the mixed catalysts driving US equities, TMUS advanced on a technical rebound after recent weakness. The stock closed up 3.23% on July 1, according to the report, after hitting a recent 52-week low. The report also says analysts remain constructive despite concerns about Starlink competition and customer backlash over legacy plan migrations.

SPGI’s move was tied more to strategic restructuring than to a short-term operating surprise. The stock closed up 7.99% on July 1 after completing the spinoff of its Mobility division into an independent entity, and the report says that could sharpen S&P Global’s focus on its core ratings, indices, and market intelligence businesses. Per market data, SPGI closed at $407.26 on June 30, 2026, versus an intraday high of $412.51 and low of $402.59.

Based on the latest close, TMUS ended June 30, 2026 at $167.73, with a daily range of $165.66 to $173.71, leaving the stock in a short-term recovery zone. SPGI closed at $407.26 on the same date after a sharp reaction to the spin-off news. Going forward, traders will watch whether TMUS can sustain its technical rebound and whether the market continues to reward SPGI’s narrower strategic focus, with no immediate stock-specific calendar catalyst in the near term.