On Monday, June 16, U.S. markets ended higher on hopes of easing tensions between Israel and Iran, which drove oil prices lower, easing inflation concerns. Hopes for a ceasefire and Iran’s diplomatic outreach lifted investor sentiment. Tech and communication stocks led gains, while utilities underperformed.
With key economic data and earnings ahead, all eyes remain on the Fed’s rate decision, with no cuts expected.
In economic data, the New York Empire State Manufacturing Index dropped to -16 in June, down from -9.2 in May and below the expected -5.5.
Most S&P 500 sectors rose Monday, led by tech, communication, and consumer stocks, while utilities and health care declined. The Dow closed higher by 0.75% at 42,515.09, the S&P 500 gained 0.94% to 6,033.11, and the Nasdaq rose 1.52% to …
Full story available on Benzinga.com
On Monday, June 16, U.S. markets ended higher on hopes of easing tensions between Israel and Iran, which drove oil prices lower, easing inflation concerns. Hopes for a ceasefire and Iran’s diplomatic outreach lifted investor sentiment. Tech and communication stocks led gains, while utilities underperformed.
With key economic data and earnings ahead, all eyes remain on the Fed’s rate decision, with no cuts expected.
In economic data, the New York Empire State Manufacturing Index dropped to -16 in June, down from -9.2 in May and below the expected -5.5.
Most S&P 500 sectors rose Monday, led by tech, communication, and consumer stocks, while utilities and health care declined. The Dow closed higher by 0.75% at 42,515.09, the S&P 500 gained 0.94% to 6,033.11, and the Nasdaq rose 1.52% to …
Full story available on Benzinga.com
On Monday, June 16, U.S. markets ended higher on hopes of easing tensions between Israel and Iran, which drove oil prices lower, easing inflation concerns. Hopes for a ceasefire and Iran’s diplomatic outreach lifted investor sentiment. Tech and communication stocks led gains, while utilities underperformed.
With key economic data and earnings ahead, all eyes remain on the Fed’s rate decision, with no cuts expected.
In economic data, the New York Empire State Manufacturing Index dropped to -16 in June, down from -9.2 in May and below the expected -5.5.
Most S&P 500 sectors rose Monday, led by tech, communication, and consumer stocks, while utilities and health care declined. The Dow closed higher by 0.75% at 42,515.09, the S&P 500 gained 0.94% to 6,033.11, and the Nasdaq rose 1.52% to …Full story available on Benzinga.com Read MoreADIV, AGOV, ASHR, Asia, BBEU, BOIL, Briefs, CQQQ, DBC, EEM, EEMA, EWU, EZU, FLAX, FXA, FXB, FXC, FXE, FXI, GLD, GSG, GXC, IEMG, IEUR, IEV, KDIV, News, SPEM, SPY, Stories That Matter, UNG, USDU, USO, UUP, VGK, VWO, Emerging Markets, Eurozone, Futures, Commodities, Forex, Top Stories, Markets, UNG, US9123181102, AGOV, USO, US91232N1081, KDIV, UUP, US73936D1072, DBC, US73935S1050, VGK, US9220428745, EEM, US4642872349, VWO, US9220428588, EWU, US4642866994, CQQQ, US18383Q1351, EZU, US4642866085, BOIL, FXA, US23129U1016, EEMA, FXB, US23129S1069, IEMG, FXC, US23129X1054, ASHR, FXE, US23130C1080, USDU, FXI, US4642871846, IEUR, GLD, US78463V1070, SPEM, GSG, US46428R1077, GXC, US78463X4007, BBEU, IEV, US4642878619, FLAX, SPY, US78462F1030, ADIV, News, Asia, Emerging Markets, Eurozone, Futures, Commodities, Forex, Top Stories, Markets, Benzinga Markets
