The risk-on rally held — a dual-engine advance in commodities and chips carries the day Unlike Monday, today's tech-led bounce stuck. Europe closed firmly higher with the DAX back above 25,000, Wall Street is trading up into its close led by the Nasdaq, and a powerful commodity rally — crude at $91, gold near $4,090, silver and copper sharply higher — lifted miners and energy. Volatility was crushed. The one counterweight, and the thing to watch overnight, is that bond yields

Wall Street set to open higher as oil gives back its premium and tech leads Into the US open, futures point to a firmer session led by technology, with Nasdaq futures up over 1%. The defining move of the European session has been crude reversing lower — unwinding Friday's supply-risk premium — which is rotating the tape out of energy and into semiconductors. Volatility is easing and European indices are holding modest gains.

Markets steady after Friday's tech pullback as crude holds its jump The week opens on a firmer footing than Friday's US close might suggest. Oil is holding the sharp gain it made on Friday, equities are stabilising rather than extending their slide, and Asia is mostly higher. The questions into the European session: whether the oil bid sticks, whether last week's tech de-rating is over, and how central banks read an energy-driven inflation risk.

Inflation Cools to 3.5% — Core Flat, First Headline Drop in Six Years — But Warsh Warns "Not Mission Accomplished" — Stocks Rise, Goldman +7.4%, IBM Craters −25% — Now PPI + Warsh Day 2 The make-or-break day delivered a genuine surprise. June CPI came in far cooler than expected: headline fell 0.4% MoM — the biggest monthly drop since April 2020 — cutting annual inflation to 3.5% (from 4.2%), while core was flat at 0.0% MoM, pulling the annual core rate to 2.6% (from 2.9%).

Trump Reinstates Iran Blockade + 20% Hormuz Toll — Brent Explodes +9.6% to $83, Biggest Jump Since 2020 — Nasdaq −1.55% — Now the Big One: June CPI + Warsh's First Testimony Today The most consequential day of the summer is here. Monday brought a dramatic escalation: President Trump announced he is reinstating a naval blockade on Iranian shipping through the Strait of Hormuz and imposing a 20% toll on all cargo transiting the waterway (roughly $30M per supertanker).

Weekend War Escalation — US Strikes Iran Again, Iran Declares Hormuz "Closed" — Oil Spikes ~4% — Kospi Crashes −5.6%, SK Hynix −10.6% — US Futures Slide — CPI + Warsh Testimony Tomorrow Markets open Monday in full risk-off mode after a weekend of sharp escalation. The US carried out its fourth round of strikes on Iran in a week (Friday and Saturday) after Iran attacked a Cyprus-flagged container ship, the MV GFS Galaxy, in the Strait of Hormuz.

S&P Closes at 7,575 — SK Hynix Debuts +14% in Largest Foreign US Listing Ever — Nvidia +4%, Meta +6% — Oil Drops Below $72 — Delta Beats But Fuel Costs Crush Margins — Week: S&P +1%, Nasdaq +1.5%, Dow −0.8% Markets closed out a turbulent week on a constructive note. The S&P 500 rose 0.4% to 7,575.39, the Nasdaq gained 0.3% to 26,281.61, and the Dow added 149.60 points (+0.3%) to 52,637.01. The session's centrepiece was SK Hynix's historic Nasdaq debut: ADRs opened at $170, up

Markets Shrug Off War — Nasdaq +1.3%, S&P +0.8% as Chips Rally — Oil Eases Despite US Striking 90 Iranian Targets — SK Hynix IPO 7× Oversubscribed — Sep Hike Odds Rise to 64% — Delta Earnings Today Wall Street staged a broad rebound on Thursday, defying a second consecutive day of US-Iran strikes. The Nasdaq surged 1.3% to 26,207, the S&P 500 gained 0.8% to 7,544, and the Dow added 139 points (+0.27%) as semiconductors led the recovery. The VanEck Semiconductor ETF (SMH) clim

Trump Declares Iran Ceasefire "Over" — Oil Surges +5% — Dow Drops 577 pts — FOMC Minutes Hawkish — Gold Crashes −2.3% — PepsiCo Earnings Today Markets absorbed a seismic geopolitical shift on Wednesday. President Trump declared the US-Iran ceasefire "over" at the NATO summit in Ankara, threatening further strikes after the US bombed Iran overnight in retaliation for the Hormuz tanker attacks. Brent crude surged 5.2% to $78.02, the Dow fell 577 points (−1.09%), and Treasury yi

IRGC Strikes Three Ships in Hormuz — Ceasefire Fractures — FOMC Minutes at 20:00 CEST — Samsung Record Q2 ₩89.4T, Stock −7% — SpaceX Day 2 in Nasdaq-100 European markets open Wednesday under a dual overhang: overnight Hormuz escalation and today's FOMC Minutes release. Iran's IRGC struck the Qatari LNG tanker Al Rekayyat and the Saudi supertanker Wedyan near the Strait of Hormuz on Tuesday — the most serious maritime attacks since the Islamabad ceasefire on June 17.