Insightful Word
  • Investing
  • Stock
  • Economy
  • Politics
  • Investing
  • Stock
  • Economy
  • Politics
No Result
View All Result
Insightful Word
No Result
View All Result
Home Investing

US stocks surge at open: Dow Jones jumps 300 points, Nasdaq up 1%

admin by admin
June 24, 2025
in Investing
0
US stocks surge at open: Dow Jones jumps 300 points, Nasdaq up 1%
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter

US stocks rose on Tuesday while oil prices extended their slide, as investors wagered that the newly brokered ceasefire between Israel and Iran would hold—at least for now—and as Federal Reserve Chair Jerome Powell signalled patience on rate cuts.

The Dow Jones Industrial Average rose by 305 points, or 0.7%, while the S&P 500 and Nasdaq Composite each gained 0.7% and 1%, respectively, buoyed by easing geopolitical tensions and a return of risk appetite.

Oil prices dropped for a second straight session.

US crude fell over 4%, after plunging more than 7% on Monday.

Brent, the international benchmark, also declined sharply.

The retreat in oil supported a rally in airline stocks, with United Airlines, Frontier, and Delta all rising more than 2%.

The moves came as President Donald Trump pushed to enforce a fragile ceasefire between Israel and Iran.

Both nations accused each other of violating the truce, but US diplomatic efforts appeared to hold the agreement in place as of Tuesday morning.

“The market response to the escalation and subsequent ceasefire hopes aligns with our view that geopolitical shocks have tended to have a temporary impact on global financial markets,” said Solita Marcelli, CIO Americas at UBS Global Wealth Management.

Tuesday’s gains added to Monday’s rally, which had been sparked by Qatar’s Defense Ministry confirming its air defenses intercepted an Iranian missile targeting a US base, helping contain fears of broader regional escalation.

Meanwhile, Fed Chair Jerome Powell, testifying before the House Financial Services Committee, said the central bank would remain cautious and monitor the economic impact of Trump’s tariffs before making any policy moves.

Though Powell gave no clear timeline for rate cuts, two Fed officials recently hinted at a possible shift as early as July.

Markets appear to be weighing both geopolitical and monetary policy developments carefully, with investors finding room for optimism amid fading conflict risks and stable economic signals.

Trump demands peace

US President Donald Trump on Tuesday sharply criticized both Israel and Iran for breaching the recently brokered ceasefire, expressing particular disapproval of Israel’s apparent plans to resume military operations.

Speaking to reporters en route to the NATO summit in The Hague, Trump said he was “not happy” with the behaviour of either party but reserved his strongest words for Israel.

“I’m not happy with them. I’m not happy with Iran either, but I’m really unhappy if Israel is going out this morning,” he told the press pool.

The comments came just hours after a fragile truce took effect, following 12 days of hostilities that included missile exchanges and US airstrikes on Iranian nuclear sites.

In a forceful message posted to Truth Social, Trump directly warned Israel against launching further strikes.

“ISRAEL. DO NOT DROP THOSE BOMBS. IF YOU DO IT IS A MAJOR VIOLATION. BRING YOUR PILOTS HOME, NOW!” he wrote, signing the post as President of the United States.

Shortly after the statement, Trump announced that Israeli aircraft would abort their mission.

“All planes will turn around and head home, while doing a friendly ‘Plane Wave’ to Iran. Nobody will be hurt, the Ceasefire is in effect!” he posted.

In a follow-up message, the president claimed Iran would “never rebuild their nuclear facilities,” signaling that the US believes its airstrikes have inflicted lasting damage.

The post US stocks surge at open: Dow Jones jumps 300 points, Nasdaq up 1% appeared first on Invezz

Previous Post

Dow Jones Index today: is it on the cusp of a bullish breakout?

Next Post

Continental’s Aumovio eyes 22% sales boost ahead of September IPO

admin

admin

Next Post
Continental’s Aumovio eyes 22% sales boost ahead of September IPO

Continental’s Aumovio eyes 22% sales boost ahead of September IPO

Trending News

GameStop scoops up 4,710 Bitcoin worth over $500M, shares jump 3%

GameStop scoops up 4,710 Bitcoin worth over $500M, shares jump 3%

May 28, 2025
Trump’s plan to ramp up US gas exports and oil drilling: what to expect

Trump’s plan to ramp up US gas exports and oil drilling: what to expect

November 26, 2024
High risks, high rewards: the economics of illegal cannabis farming in India’s Odisha

High risks, high rewards: the economics of illegal cannabis farming in India’s Odisha

January 2, 2025
Subscribe to Insightful Word


    Recent News

    Dow futures soar 250 points today: 5 things to know before Wall Street opens

    Dow futures soar 250 points today: 5 things to know before Wall Street opens

    August 7, 2025
    Affirm stock price is rising: is it a buy before earnings?

    Affirm stock price is rising: is it a buy before earnings?

    August 7, 2025
    Intel stock plunges sharply after Trump calls on CEO to resign: here’s why rebound may take time

    Intel stock plunges sharply after Trump calls on CEO to resign: here’s why rebound may take time

    August 7, 2025
    Goldman Sachs boosts Nvidia price target to $200 ahead of Q2 earnings

    Goldman Sachs boosts Nvidia price target to $200 ahead of Q2 earnings

    August 7, 2025

    Recent News

    Dow futures soar 250 points today: 5 things to know before Wall Street opens

    Dow futures soar 250 points today: 5 things to know before Wall Street opens

    August 7, 2025
    Affirm stock price is rising: is it a buy before earnings?

    Affirm stock price is rising: is it a buy before earnings?

    August 7, 2025

    Latest News

    • Dow futures soar 250 points today: 5 things to know before Wall Street opens
    • Affirm stock price is rising: is it a buy before earnings?
    • Intel stock plunges sharply after Trump calls on CEO to resign: here’s why rebound may take time

    About Insightful Word

    • Contacts
    • Cookie Notice
    • Privacy Policy
    • Terms of Service
    • Trading tools
    • Contacts
    • Cookie Notice
    • Privacy Policy
    • Terms of Service
    • Trading tools

    Copyright © 2025 Insightfulword.com. All Rights Reserved.

    No Result
    View All Result
    • Investing
    • Stock
    • Economy
    • Politics

    Copyright © 2025 Insightfulword.com. All Rights Reserved.