Stocks Rally as Middle East Tensions Ease

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Summary · why it matters

US stocks rallied on Monday as Middle East tensions eased for a third straight day, with the Dow Jones Industrial Average hitting a one-week high. The S&P 500 rose 0.65%, the Dow gained 1.08%, and the Nasdaq 100 added 0.56%. A sharp drop in crude oil prices, with September WTI futures down more than 5%, helped lift global markets and pushed the 10-year Treasury yield down 3 basis points to 4.65%. Strong US economic data also supported sentiment, as June capital goods orders excluding defense and aircraft rose 0.9%, beating expectations. Software and airline stocks led gains, while energy producers slid on the oil decline.

Impact on assets 37

Artificial Intelligence▲ · 7 stocks
Cloud & Digital Infrastructure▲ · 5 stocks
Consumer Discretionary▲ · 3 stocks
Energy Transition & Power Demand▲ · 2 stocks
Biotech & Genomic Medicine▲ · 2 stocks
Quantum Computing▲ · 2 stocks
Robotics & Physical AI▲ · 1 stocks
Spatial Computing / AR/VR▲ · 1 stocks
Defense & Geopolitical Fragmentation▲ · 1 stocks
Space Economy▲ · 1 stocks
Others▲ · 1 stocks