Upside - Infineon [IFX.DE] +5.5% (Micron results and guidance) - EasyJet [EZJ.UK] +6.5% (rejects 4th bid from Castlelake) - Volkswagen [VOW3.DE] +2.5% (Bain Capital reportedly near deal for controlling stake in Volkswagen's Everllence diesel engine manufacturing subsidiary) - Maersk [MAERSKB.DK] +1.0% (Maersk Baltimore and another time-chartered vessel have exited the Persian Gulf; To pursue one additional Strait of Hormuz transit) Downside - H&M [HMB.SE] -2.0% (earnings; June sales)