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Closing Recap Global markets opened the week in the grip of a major geopolitical shock as U.S. stock futures plunged and oil prices surged over 4% following a new wave of American military strikes on Iranian targets. The escalation shattered the weekend calm, with Nasdaq 100 futures sliding 1.24%, S&P 500 futures losing 0.56%, and…
Closing Recap A powerful tech-led rally propelled Wall Street higher on Thursday as a resurgent semiconductor sector eclipsed escalating U.S.-Iran tensions, with the Nasdaq Composite surging 1.62% while the Dow and S&P 500 also closed in positive territory. The Nasdaq jumped 474.53 points (+1.62%) to 29,727.10, the S&P 500 advanced 60.93 points (+0.81%) to 7,543.64.…
Closing Recap U.S. stocks finished mixed on Wednesday as the renewed conflict in the Middle East sent shockwaves through global markets, with oil prices surging more than 5% to their highest levels in nearly three weeks while U.S. stocks ended mixed. President Trump declared the U.S.-Iran ceasefire agreement “over” and the military launched fresh strikes…
Closing Recap The week ending July 10, 2026, was a textbook study in geopolitical whipsaw. Markets opened the shortened trading week on a high note, with AI-tied stocks surging and the Dow Jones Industrial Average cracking 53,000 for the first time ever on Thursday. But the mood darkened swiftly as U.S.-Iran tensions reignited in the…
Closing Recap The final week of Q2 2026 delivered a “Goldilocks” shock – weak enough to kill the July rate hike narrative, yet not weak enough to spark a full-blown recession scare. The June nonfarm payrolls report landed like a bomb on Thursday: just 57,000 new jobs added, barely half the 113,000 consensus estimate, with…
Closing Recap The trading week ending June 26 was defined by a dramatic rotation out of Big Tech and into cyclicals and defensives, as markets grappled with a surging dollar, persistent Fed hawkishness, and fresh geopolitical jitters in the Middle East. The Dollar Index (DXY) surged to a 13-month high near 101.80 mid-week before pulling…
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