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Markets Flatline Amid Trump’s Delay on Iran and Potential Fed Cuts in July

  • Markets showed mixed performance on Friday, with the S&P 500 falling 0.22% amid concerns over the Iran-Israel conflict and possible U.S. intervention.
  • This cautious market tone followed a Thursday break and ongoing geopolitical tensions, while the White House announced Trump would decide on direct action in two weeks.
  • The Federal Reserve signaled a likely pause on rate changes for July despite some expectations of cuts, as officials remain data dependent amid inflation concerns and geopolitical risks.
  • Gold prices dipped 0.50% to around $3,353.57 an ounce, the U.S. dollar index fell 0.33% to 98.5780, and crude oil futures rose 0.54% to about $73.90 per barrel.
  • Investors remain on edge awaiting further Fed guidance and Trump’s Middle East decision, suggesting continued volatility and cautious positioning in the near term.
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Kitco NEWS broke the news in on Wednesday, June 18, 2025.
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