Taiwan stock market rebounds slightly, but global forecast negative due to U.S.-Iran conflict

From Nasdaq: 2025-06-22 20:30:00

The Taiwan stock market rebounded on Friday, closing just below 22,050 points after a slight gain. The global forecast for Asian markets is negative due to U.S. involvement in the Israel/Iran conflict. Wall Street closed mixed, with the Dow up and the NASDAQ and S&P 500 down. President Trump indicated a chance of negotiations with Iran, but the U.S. bombed suspected nuclear sites in Iran on Saturday, creating uncertainty. The Federal Reserve Bank of Philadelphia reported weak regional manufacturing activity in June. Crude oil prices fell as U.S. involvement concerns eased. Taiwan will release May unemployment numbers today.



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