US EditionUS Stocks Rise to the Brink of a Record and Recover Nearly All Their 20% Springtime Drop
- On June 25, the stock market showed varied results with the Dow declining 0.3% to 42,982.43 while the Nasdaq increased by 0.3% to 19,973.55, reflecting cautious investor sentiment amid easing tensions in the Middle East and a ceasefire agreement between Iran and Israel.
- Markets followed two strong days after investors caught their breath and reassessed US intelligence suggesting the strike on Iran's nuclear program was less effective than first reported.
- Nvidia surged 4.3% to $154.31, reaching a $3.76 trillion valuation driven by artificial intelligence optimism, while JPMorgan Chase and Citigroup rose over 1%, and FedEx fell 3.3% after withdrawing its full-year forecast.
- The number of initial jobless claims in the U.S. declined last week, indicating a slowdown in layoffs, while Treasury yields dipped slightly to 4.26%, and the Federal Reserve suggested plans to relax capital requirements.
- The mixed market reaction suggests ongoing uncertainty over tariffs and geopolitical risks, though markets are nearing new all-time highs and may require multiple attempts to break through resistance levels.
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Winnipeg Free Press+4 Reposted by 4 other sources
Asian shares are mostly higher after US stocks rise to the brink of a record
Breaking News, Sports, Manitoba, Canada
·Winnipeg, Canada
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LancasterOnlineReposted by 
Laredo Morning Times
Laredo Morning TimesUS stocks drift higher and oil prices flip flop as Wall Street remains ...
·Lancaster, United States
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journalgazette.net+23 Reposted by 23 other sources
US stocks drift toward their record after erasing almost all their 20% springtime drop
U.S. stocks are drifting closer to their record. The S&P 500 rose 0.4% Thursday and is just 0.5% below its all-time high, which was set in February. The Dow Jones Industrial Average added 207 points, and the Nasdaq composite gained…
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Total News Sources72
Leaning Left22Leaning Right5Center27Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 41%
C 50%
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