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The Rise Of STARTRADER

One Of The
World’s Fastest Growing Brokerage

Daily Fundamental Analysis: US Stocks Recover as Tension in The Middle East Continues

Tuesday June 17 2025 07:16

Markets recovered yesterday on hopes of de-escalation. U.S. stocks rose Monday on Iran’s reported ceasefire efforts. The S&P 500 gained 0.94%, Dow 0.75%, and Nasdaq 1.52%. Europe’s Stoxx 600 rose 0.36%.

Despite ongoing Israel-Iran tensions, gold dropped 1%. West Texas Intermediate fell 1.66% to $71.76 and Brent 1.35% to $73.22

U.S. Steel shares rose 5.1% after Trump approved its merger with Nippon Steel. OpenAI secured a $200 million Defense Department contract for AI tools, their first DOD deal.

At the G7 summit in Canada, leaders addressed trade issues and global conflicts amid questions about U.S. policy alignment.

Asia-Pacific markets fell Tuesday amid the ongoing escalation in the Middle East.

Japan’s Nikkei 225 rose 0.59% and Topix gained 0.34% after the Bank of Japan kept rates at 0.5% and announced plans to reduce bond purchases.

Other markets showed modest declines: South Korea’s Kospi was flat, China’s CSI 300 fell 0.15%, Hong Kong’s Hang Seng dropped 0.13%, Australia’s S&P/ASX 200 decreased 0.14%.

U.S. Stock futures fell in Asian hours as investors continued to assess the developments in the Middle East.

Japan’s central bank announced it will maintain its 0.5% benchmark rate while reducing bond purchases from April next year amid growth concerns.

Samsung Electronics shares jumped 4.55% after announcing plans to create a health data sharing platform between patients and doctors.

In the Forex market, EURUSD showed fluctuation in yesterday’s trading, rising slightly and maintaining the 1.1500 levels

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