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- Markets Climb on Iran-Israel Truce Hopes, Fed in Focus
Markets Climb on Iran-Israel Truce Hopes, Fed in Focus
5 articles I'm watching carefully
Tyler Dupont ![]() Good morning 👋 Here's the latest news I'm tracking today. |
📈 Stocks / Finance
Markets Climb on Iran-Israel Truce Hopes, Fed in Focus
S&P 500 futures rose 0.7%, Nasdaq 1% as investors priced in reduced geopolitical risk after an Israel-Iran ceasefire. Oil fell 3% to $66.49. Global markets gained. Powell reaffirmed cautious Fed stance, citing lingering inflation risks and uncertain economic outlook.
Microsoft Hits Record High Amid Agentic AI Surge
Microsoft stock reached a record $490.41, its fourth consecutive high, driven by its leadership in agentic AI. BofA named it a key AI beneficiary, citing Copilot and Azure integration. Market cap hit $3.62T, ahead of Nvidia and Apple.
Coinbase Tops S&P 500 Amid Crypto Rally
Coinbase shares surged 11% to $341, leading the S&P 500 after the GENIUS Act boosted stablecoin optimism. Ark Invest added 4,200 shares and Benchmark raised its price target to $421. The stock has gained ~33% over five sessions, hitting its highest since Dec. 2023.
🪙 Crypto
XRP Leads Crypto Rally After Israel-Iran Ceasefire
XRP surged 9.2% as President Trump announced a ceasefire between Israel and Iran, sparking broad crypto gains. Bitcoin rose 3.7% to $105,281, Ethereum 7.5% to $2,417. Analysts warn gains may reverse if geopolitical risks return or tariff tensions rise.
🌎 Global Economy
Strait of Hormuz Threatens Global Oil Flow
Roughly 20% of global oil and one-fifth of LNG pass through the Strait of Hormuz. Iran’s potential closure could remove 17M b/d from markets, spike prices past $100, and disrupt global supply chains. Europe and China face the biggest energy risks, per S&P and EIA data.
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