Key takeaways Markets embraced a strong risk-on rally after the US and Iran agreed on a framework to extend the ceasefire for 60 days and fully reopen the Strait of Hormuz, sharply reducing geopolitical and energy-related inflation risks. Technology stocks reclaimed market leadership, with the Nasdaq 100 surging 3% as investors rotated back into mega-cap […]
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German investor sentiment improved sharply in June, with the ZEW Economic Sentiment Index surging from -10.2 to 10.5, far exceeding expectations of -6.0 and returning to positive territory. The Eurozone-wide measure showed a similar improvement, Read more…
SpaceX closed its first session on the Nasdaq at $160.95, a 19% gain that pushed the company’s market capitalization past $2 trillion, according to Reuters. The June 12 listing raised $75 billion in the largest Read more…
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