Pre-Market Report – Friday 12 June: US markets jump on peace deal (?) - Oil slumps - SPI up 146 - Yields drop
About this episode
US stocks experienced a significant rise following a peace deal announcement and a drop in oil prices.
US stocks closed sharply higher on Thursday, with the S&P 500 rising 1.8%, the Nasdaq gaining 2.5%, and the Dow Jones climbing 930 points. Investor sentiment improved amid a pullback in oil prices after President Trump cancelled strikes against Iran after earlier threatening "very hard" attacks tonight. He also claimed a deal had been agreed in principle by several allies in the Middle East, including Israel, without elaborating. Further support came from a rally in technology shares as i...
People in this episode
Host: Marcus Today
Topics covered
- US markets
- oil prices
- investor sentiment
- technology shares
- peace deal
- stock market
Keywords
- US markets
- S&P 500
- oil slump
- investor sentiment
- technology shares
- peace deal
Mentioned in this episode
Organizations: S&P 500, Nasdaq, Dow Jones
Places: Middle East, Israel
More episodes of Market Updates
- End of Day Report – Friday 12 June: ASX up 2%. Best session since April -
- End of Day Report – Thursday 11 June: ASX 200 stages come back - Down only 20 - Resources stabilise - Banks smacked - CSL better - ECB and SpaceX
- Pre-Market Report – Thursday 11 June: US Markets stumble again - Missiles fly - SPI down 65 - Resources to get hit again - Gold down - Oil up
- End of Day Report – Wednesday 10 June: ASX 200 closes up 49 in volatile day - Industrials, healthcare and defensives push higher - Gold miners tumble - Lithium depressed
- Pre-Market Report – Wednesday 10 June: US markets volatile and mixed - Oil falls - Gold falls - SPI up 13
- End of Day Report – Tuesday 9 June: ASX 200 rallies back hard to close down 21 - Healthcare - Industrials - REITs all better - Resources suffer - US Futures positive.
Explore listener stats, chart rankings, contacts and more on the Market Updates podcast page.