US equities rallied again as optimism around a potential Middle East ceasefire supported risk sentiment, with Trump saying talks with Iran are underway even as Iranian officials denied formal negotiations. All three major indices closed sharply higher, led again by tech. Treasury yields fell across the curve as safe-haven demand eased, while the dollar edged marginally higher, with USD/JPY still in focus for signs of Japanese intervention. Oil tumbled over 5% as easing tensions reduced concerns over Middle East supply disruptions, while gold posted a modest gain, staying within its recent range. With a quiet calendar ahead outside US JOLTS Job Openings, traders will again take cues from any Middle East developments.
📊 Equities
US equities rallied again as optimism around a potential Middle East ceasefire supported risk sentiment, with Trump saying talks with Iran are underway even as Iranian officials denied formal negotiations. All three major indices closed sharply higher, led again by tech. The Dow rose 1.32% to 53,178, the S&P 500 gained 1.48% to 7,600, and the Nasdaq climbed 2.13% to 25,913.
🛢️ Oil
Oil tumbled over 5% as easing tensions reduced concerns over Middle East supply disruptions. Brent fell 4.97% to $83.56, while WTI dropped 5.11% to $80.34.
🥇 Gold
Gold posted a modest gain, rising 0.29% to $4,052.65, staying within its recent range.
💵 FX & Bonds
Treasury yields fell across the curve as safe-haven demand eased, while the dollar edged marginally higher, with USD/JPY still in focus for signs of Japanese intervention. The USD rose 0.04% to 99.95, the 2-year Treasury yield eased 5.4 bps to 4.237%, and the 10-year Treasury yield eased 5.9 bps to 4.676%.
| Market | Change | Close |
|---|---|---|
| Dow Jones | +1.32% | 53,178 |
| S&P 500 | +1.48% | 7,600 |
| Nasdaq | +2.13% | 25,913 |
| USD Index | +0.04% | 99.95 |
| US 2Y Treasury | -5.4 bps | 4.237% |
| US 10Y Treasury | -5.9 bps | 4.676% |
| Brent Crude | -4.97% | $83.56 |
| WTI Crude | -5.11% | $80.34 |
| Gold | +0.29% | $4,052.65 |
📌 Today’s Focus
With a quiet calendar ahead outside US JOLTS Job Openings, traders will again take cues from any Middle East developments.
🔹 US – JOLTS Job Openings Data