Reported 1 day ago
On June 13, 2025, the S&P 500 dropped by 1.1% as geopolitical tensions escalated between Israel and Iran, with investors reacting to associated risks. Payment processors suffered losses due to potential stablecoin launches from major retailers. Meanwhile, Oracle's shares surged 7.7% after strong quarterly results, while oil prices rose amidst concerns of supply disruptions, benefiting oil and gas stocks. The Dow and Nasdaq also fell, highlighting the overall decline in major U.S. equities.
Source: YAHOO