Reported about 17 hours ago
On June 17, 2025, the S&P 500 fell by 0.8% due to increasing tensions in the Middle East following President Trump's tougher stance on Iran. Solar and airline stocks experienced significant losses, with solar companies suffering from a Senate budget proposal phasing out clean energy tax credits. In contrast, Jabil's shares rose 8.9% after exceeding earnings expectations, showcasing strong demand in its AI-driven sectors. Overall, major U.S. equity indexes suffered losses amidst market uncertainties.
Source: YAHOO