US equities extended their rally as optimism around a potential Middle East peace deal continued to build, with the S&P 500 closing at a fresh record high and the Nasdaq again leading gains. Treasury yields fell further as easing geopolitical risk reduced inflationary pressure, while the dollar was little changed. Oil stayed under heavy pressure on reports of progress in US-Iran talks, while gold gained on lower yields. Focus turns to New Zealand employment data, US ADP employment, ISM Services PMI, and comments from President Trump, with Middle East headlines still the key driver.
📊 Equities
US equities extended their rally as optimism around a potential Middle East peace deal continued to build, with the S&P 500 closing at a fresh record high and the Nasdaq again leading gains. The Dow rose 1.71% to 54,085, the S&P 500 gained 1.79% to 7,736, and the Nasdaq climbed 2.59% to 26,584.
🛢️ Oil
Oil stayed under heavy pressure on reports of progress in US-Iran talks. Brent fell 5.99% to $78.75, while WTI dropped 5.69% to $75.77.
🥇 Gold
Gold gained on lower yields, rising 0.58% to $4,076.01.
💵 FX & Bonds
Treasury yields fell further as easing geopolitical risk reduced inflationary pressure, while the dollar was little changed. The USD fell 0.01% to 99.88, the 2-year Treasury yield eased 4.6 bps to 4.192%, and the 10-year Treasury yield eased 6.3 bps to 4.613%.
| Market | Change | Close |
|---|---|---|
| Dow Jones | +1.71% | 54,085 |
| S&P 500 | +1.79% | 7,736 |
| Nasdaq | +2.59% | 26,584 |
| USD Index | -0.01% | 99.88 |
| US 2Y Treasury | -4.6 bps | 4.192% |
| US 10Y Treasury | -6.3 bps | 4.613% |
| Brent Crude | -5.99% | $78.75 |
| WTI Crude | -5.69% | $75.77 |
| Gold | +0.58% | $4,076.01 |
📌 Today’s Focus
Focus turns to New Zealand employment data, US ADP employment, ISM Services PMI, and comments from President Trump, with Middle East headlines still the key driver.
🔹 New Zealand – Employment Change Data
🔹 New Zealand – Unemployment Rate
🔹 US – ADP Non-Farm Employment Data
🔹 US – ISM Services PMI Data
🔹 US – President Trump Speaks