US Market & Crypto Brief

Market Highlights

• 🔥 US Indices Close Lower: After the Fed kept rates unchanged, the Dow fell 507 points to 51,492.55, S&P 500 dropped 91 points...

G7 leaders hailed the US-Iran deal as a major diplomatic breakthrough, raising hopes for reduced tensions and renewed stability in the Middle East.

Markets built anticipation ahead of the FOMC decision amid mixed pre-meeting trading and resilient retail sales. The Fed held rates steady but...

Market Recap

• Stock Market Overview: Momentum names cooled while financials in XLF broke higher according to the daily recap.

Crypto Market Headlines

• 🔥 Bitcoin ETF Flows: US spot Bitcoin ETFs recorded a net inflow of $10.2 million on June 16.

US markets showed clear value-over-tech rotation as financials gained while momentum names and semis cooled.

• Oil plunged over 5% with WTI crude...

Market Highlights

• 🔥 S&P 500: Rose 1.7% to 7,554.29, positioned for its best day since April.
• Nasdaq: Jumped 3.1% to 26,683.94 as tech stocks...

• US stocks: Industrial shares hit record highs as oil price fears eased
• Oil & shipping: Prices dropped over $3 per barrel after Strait of Hormuz...

Crypto markets rallied sharply as falling oil prices eased macro fears after a preliminary US-Iran framework agreement. Bitcoin rose more than 4%, while Ethereum gained nearly 10%, XRP over 12%, and Solana more than 11%.

Markets turn to Wednesday's FOMC meeting with new Chair Walsh while a potential U.S.-Iran deal dominates attention. Today's disappointing Empire State Manufacturing Survey adds a note of caution ahead of industrial production numbers.

A Japanese broker's June 16 US stock digest flags Coherent as a potential next AI play, while also highlighting Uber, DoorDash, and SpaceX as names to watch.

A US-Iran deal to reopen the Strait of Hormuz sparked a broad market rally as oil prices fell.

• S&P 500 climbed 1.7%, Nasdaq 100 surged 3.1%, and...

US stock futures jumped in pre-market on news of a preliminary US-Iran peace deal and reopening of the Strait of Hormuz.

• Indices: Dow futures...

US markets surged Monday after a tentative US-Iran deal eased oil tensions, with the S&P 500 climbing 1.7% to 7,554.29, Nasdaq jumping 3.1%, and Dow rising 0.9%. Oil prices dropped 4.8%, boosting fuel-dependent stocks while AI shares rebounded.

The S&P 500 is set for its best day since April as oil prices sink on signs of a US-Iran peace deal. Discussions highlighted market benefits from the deal alongside remaining uncertainties heading into the G-7 summit.

Nasdaq surged Monday on Trump’s Iran deal, with Corning, Amphenol, and Dell in focus as hosts Alissa Coram and Justin Nielsen reviewed the session.

Market Closes

• 🔥 Major Indices Rise: Dow rose 0.7%, S&P 500 rose 0.5%, and Nasdaq rose 0.3% to finish the week higher.
• 🔥 SpaceX Debut: SpaceX...

SpaceX's record IPO and easing US-Iran tensions lifted all three major indices Friday.

• Dow rose 0.7%, S&P 500 gained 0.5%, and Nasdaq added 0.3%
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US stocks stumbled as tech tumbled, with Microsoft plunging after results while Meta rallied. Investors now eye the next wave of AI earnings.

US lawmakers are pushing a major crypto tax overhaul under the CLARITY Act, with discussions highlighting decentralized finance narratives.

Market Highlights

• 🔥 S&P 500 Gains: S&P 500 rose 1.4% with Nasdaq climbing 1.8%.
• 🔥 Dow Surge: Dow surged 900 points as major indices posted...