From Nasdaq: 2025-06-16 14:37:00

Stock indexes saw gains today, with the S&P 500, Dow Jones, and Nasdaq all up. Market optimism stems from hopes of contained hostilities between Israel and Iran. WTI crude oil prices dropped as key export infrastructure remains untouched in Iran, though navigational disruptions in the Strait of Hormuz pose risks.

Reports of Iran seeking an end to hostilities and willingness to negotiate over its nuclear program boosted stock gains further. Israeli-Iranian tensions persist, with no signs of easing after several waves of attacks. The US economic outlook dampened as the June Empire manufacturing survey index unexpectedly fell.

Investors brace for potential tariff news post G-7 meeting as Trump plans to send letters on tariffs. Market focus shifts to upcoming economic reports, FOMC meeting, and trade developments. Overseas markets are up, with European bonds yields lower. US stock movers include chipmakers and travel stocks amid market shifts.

T-notes rebounded on Iran’s peace overtures, reversing initial losses. European bond yields drop. Swaps discount ECB rate cut chances. US stock movers include Sage Therapeutics, Roku, and US Steel. Defensive healthcare and energy stocks decline. Earnings reports for Powerfleet Inc NJ, Lennar Corp, and Digital Turbine Inc due.



Read more at Nasdaq: Stocks Rally as Iran Signals it Wants an End to Hostilities