From Yahoo Finance: 2025-06-27 16:34:00

The S&P 500 and Nasdaq hit all-time highs as investors bet on U.S. interest rates falling. Fed Chair Powell pushed back against rate cut suggestions, citing tariff impacts. Trade optimism rose with a US-China deal, but hit a snag when Trump halted talks with Canada over tech tax. Dollar fell over 10% this year, worst in 50 years.

World stocks hit record highs, with the MSCI All Country index up 3%. Dollar sinks to multi-year lows, oil drops 12%, Treasury yields slide. Platinum surges above $1,400/oz for the first time since 2014. The dollar’s decline is the steepest since the era of free-floating exchange rates began.

Key market moves include record highs for world stocks, a sinking dollar, plunging oil prices, falling Treasury yields, and soaring platinum prices. The dollar’s decline is the steepest since the era of free-floating exchange rates began. Monday’s market movers include China PMIs, Japan industrial production, and US Chicago PMI.

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