U.S. Imposes 25% Tariff on Select Brazilian Imports After Section 301 Trade Investigation 
Australia Consumer Sentiment Rises in July as Fuel Price Relief Lifts Confidence 
Australian Business Conditions Hold Steady as Easing Cost Pressures Face New Oil Price Risks 
Asian Currencies Stay Rangebound as Middle East Tensions, Weak China GDP Weigh on Sentiment 
Asian Stocks Slide as Oil Surge, U.S.-Iran Tensions and Fed Rate Bets Weigh on Markets 
Oil Prices Climb as Trump Escalates Iran Pressure, Strait of Hormuz Risks Grow 
Japanese Yen Holds Steady as Intervention Hopes Grow Ahead of U.S. CPI Data 
Dollar Slides as Softer US Inflation Dims Fed Rate Hike Expectations 
South Korea Raises Interest Rates to 2.75% as Inflation and Weak Won Drive Tightening 
Port of Los Angeles Posts Record June Cargo Volume as Importers Rush Ahead of U.S. Tariffs 
Gold Price Holds Near $4,000 as Middle East Tensions and Fed Rate Hike Bets Grow 
US Inflation Expected to Ease in June, but Fed Rate Hike Risks Persist Amid Middle East Tensions 
Asian Stocks Rise as Softer U.S. Inflation Boosts Sentiment Despite Middle East Tensions 
IEA Warns China Rare Earth Export Curbs Could Threaten $6.5 Trillion in Global Production 
UBS Boosts China Tech Bets, Adds Kuaishou and Meituan to Focus List 
Goldman Sees Foreign Investors Driving India Stock Market Recovery 
Dollar Holds Steady Ahead of U.S. CPI as Oil Surge, Middle East Tensions Keep Markets on Edge 
U.S. stock market performance ended mixed on Friday, with major indices showing resilience despite ongoing geopolitical tensions and fluctuating oil prices. The S&P 500 and Nasdaq Composite posted gains, while the Dow Jones Industrial Average dipped slightly. Investor sentiment remained cautiously optimistic, driven by strong corporate earnings, particularly from Apple, and easing concerns over rising oil prices.
The S&P 500 rose 0.3% to close at a record 7,230.17, while the Nasdaq surged 0.9% to 25,114.44, crossing the 25,000 milestone for the first time. Meanwhile, the Dow slipped 0.3% to 49,499.02. Weekly performance also reflected positive momentum, with the S&P 500 up 0.9%, Nasdaq gaining 1.1%, and the Dow increasing 0.5%.
Apple stock played a key role in lifting market sentiment, climbing over 3% after reporting strong earnings and issuing optimistic revenue guidance. The company highlighted solid iPhone demand and growth in its high-margin services segment, projecting revenue growth between 14% and 17%. This positive outlook reinforced investor confidence in big tech stocks, which continue to heavily influence the S&P 500.
Market gains were also supported by strong economic data, including GDP figures, jobless claims, and manufacturing activity, which helped sustain bullish forecasts. Analysts noted that easing oil prices contributed to improved sentiment, as concerns about inflation and economic pressure began to subside.
April marked a significant rebound for Wall Street, with the S&P 500 posting its best monthly gain since 2020, rising 10.4%. The Nasdaq jumped 15.3%, driven by a rally in semiconductor stocks and renewed interest in artificial intelligence. Despite ongoing geopolitical risks, including tensions involving Iran and the U.S., equities demonstrated resilience.
Oil prices declined after reports of a potential peace proposal from Iran, although uncertainty remains. Brent crude dropped below recent highs, providing relief to investors worried about prolonged inflationary pressures.
Overall, the stock market outlook remains cautiously positive, supported by strong earnings, improving economic indicators, and moderating commodity prices, though geopolitical developments continue to pose risks.
