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Market & Economic Intelligence Platform Insight on Macro, Commodities, Equities & Policy

25 June 2025 03:22  |

US Stocks Surge on Ceasefire Relief, Falling Oil Prices

Wall Street finished significantly higher on Tuesday, buoyed by cooling geopolitical tensions and a continued slide in oil prices.

The S&P 500 and Nasdaq advanced 1.1% and 1.4% respectively, inching closer to fresh record highs, while the Dow rallied 507 points. Investor optimism grew as a US-brokered ceasefire between Israel and Iran appeared to hold, despite minor flare-ups.

Crude oil prices fell for a second day, with US benchmarks dropping over 6%, weighing on energy majors pressuring energy giants like Exxon Mobil (-3%) and Chevron (-2.2%), while giving a boost to fuel-sensitive names such as Delta (+2.7%) and United Airlines (+2.7%). Semiconductor stocks led the tech advance, with Nvidia (+2.6%), Broadcom (+3.9%), and AMD (+6.8%) among the top performers.

On the policy front, Fed Chair Jerome Powell’s congressional testimony struck a cautious tone, indicating the central bank is in no rush to adjust interest rates but remains open to a cut if conditions warrant.

Source : Trading Economics

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