Reported about 15 hours ago
On June 24, 2025, major US stock indexes experienced significant gains, driven by a drop in oil prices and an optimistic outlook regarding the impact of the Israel-Iran conflict on global crude supplies. The S&P 500 increased by 1.1%, nearing its all-time high, while the Dow Jones rose 1.2% and the Nasdaq jumped 1.4%. The decline in oil prices, which fell approximately 6%, may provide the Federal Reserve with the opportunity to consider interest rate cuts to support the economy.
Source: YAHOO