• Sun, Apr 26, 2026|
  • JKT --:--
  • TKY --:--
  • HK --:--
  • NY --:--
 TOP NEWS

Market & Economic Intelligence Platform Insight on Macro, Commodities, Equities & Policy

23 June 2025 20:50  |

US Stocks Hold Up Following US Strikes on Iran

US stocks were near the flatline on Monday as downplayed concerns that the US strike on Iran may have on energy markets and future conflict in the Middle East.

The S&P 500, the Dow Jones, and the Nasdaq 100 were all close to the flatline. US forces struck Iranian nuclear infrastructure over the weekend after US President Trump had dismissed the possibility of an imminent attack.

While the Iranian vowed aggressive retaliation and its parliament backed the blocking of the Strait of Hormuz, oil tankers so far continued to sail through the region and crude oil prices pared their increase, limiting concerns of higher inflation.

Chevron and ExxonMobil were both gaining around 2%, contrasting with the muted movements for WTI futures. In the meantime, Tesla hovered close to the flatline after rolling out some driverless taxi services to riders on Sunday. Also on the tech front, AMD gained 2% after receiving an upgrade from Melius Research.

Source: Trading Economics

Related News

MARKET UPDATE

Asian Stocks Down, Focus on Korea, Middle East

Asian stocks started the week on a weak note, as investors grappled with South Korea’s political turmoil and awaited fresh ...

9 December 2024 07:43
MARKET UPDATE

Asian Stocks Drop as Trump’s Tariff Deadline Nears

Asian shares slumped at the open as White House pushing ahead with sweeping tariffs on trading partners including a 104% le...

9 April 2025 07:25
MARKET UPDATE

Asian Stocks Fluctuate on Hints of Tariff Relief

Stocks remained volatile in Asia after U.S. Commerce Secretary Howard Lutnick suggested the Trump administration may lift som...

5 March 2025 07:32
MARKET UPDATE

Asian Stocks in Narrow Range, Yen Crosses Key Level

Asian stocks traded in a narrow range after U.S. stocks fell from record highs as a disappointing forecast from the world’s...

21 February 2025 07:43
BIAS23.com BIAS23.com NM23 Ai