01 Stock Market
The U.S. major indexes closed as follows: Dow Jones up 1.38% at 46,208.47; S&P 500 up 1.15% at 6,581.00; NASDAQ up 1.38% at 21,946.76. The trio of benchmarks posted solid rebounds, snapping a two-day slide as investors welcomed a pull-back in crude prices and fresh momentum in large-cap technology shares. Lower energy cost fears and hopes of geopolitical de-escalation underpinned the afternoon bid, helping all 11 S&P sectors finish in positive territory.
Tech, chips and select leveraged ETFs topped the unusual-move list. Tesla (TSLA) rose 3.50% to $380.85 on renewed optimism about its AI chip strategy, while Nvidia (NVDA) added 1.70% to $175.64 as bullish street calls highlighted datacenter demand. Memory maker Micron (MU) fell 4.39% to $404.35 after a cautious outlook, but semiconductor bulls pushed SOXL up 3.70% to $53.03 and TQQQ up 3.46% to $44.57. Speculation of defense contracts lifted Palantir (PLTR) up 6.74% to $160.84, while server supplier SMCI advanced 5.11% to $21.58 despite legal overhang. Commodity-linked plays lagged: GLD fell 2.26% to $404.04; crude tracker USO fell 8.95% to $110.56 and leveraged oil fund UCO fell 11.69% to $37.93 as energy prices recoiled.
Broader rotation hints at a risk-on recalibration. Gains in megacaps such as Apple (AAPL) up 1.41% at $251.49 and Amazon (AMZN) up 2.32% at $210.14 combined with sharp moves in precious-metal levered ETN GDXU up 12.29% at $158.23 and silver proxy AGQ up 3.23% at $101.32. The dispersion underscores how traders are balancing growth exposure with tactical commodity hedges as headlines swing between cease-fire hopes and supply-chain anxieties.
02 Other Markets
U.S. 10-year Treasury yield rose 0.32%, latest at 4.35%.
USD/CNH was unchanged at 0.00%, at 6.89; USD/HKD rose 0.0019%, at 7.83.
U.S. Dollar Index fell 0.0131%, at 99.11.
WTI crude futures rose 1.08%, at 89.08 USD/bbl; COMEX gold futures rose 0.49%, at 4,429.00 USD/oz.
03 Top News
1. Trump Postpones Strikes On Iranian Energy Facilities, Pausing Escalation. The U.S. president said a five-day suspension depends on “productive” talks aimed at ending the conflict. Oil prices promptly retreated, easing inflation fears across global markets.
2. Iranian Source Says No Direct Or Indirect Talks With U.S. Semi-official Fars News Agency disputed Washington’s dialogue narrative, stating Tehran has received no communication. The rebuttal rekindled uncertainty over a potential cease-fire.
3. Alibaba Unveils “Accio Work,” An Agentic AI Platform For SMEs. The plug-and-play system assembles cross-functional AI “taskforces” to run complex operations without coding. Management stressed strict permission layers, signaling a push into enterprise automation.
4. Elliott Builds A Multibillion-Dollar Stake In Synopsys, Setting Up Activist Campaign. Sources say the fund will press the chip-design giant for strategic changes and higher capital returns. Synopsys shares spiked in anticipation of governance reforms.
5. U.S. DOJ Indicts Super Micro Computer Co-Founder Over Restricted Chip Exports To China. Prosecutors allege unauthorized shipment of Nvidia hardware in violation of export controls. The case intensifies scrutiny on tech supply chains and could hamper future licences.
6. Poste Italiane Tables Approximately $12.5 Billion Cash Bid For Telecom Italia. The state-controlled postal group proposes integrating broadband and postal assets to cut overlap. Telecom Italia’s board is reviewing the offer amid Europe-wide consolidation.
7. Roche Shelves Muscle-Disease Drug, Redirects Research Toward Obesity Treatments. Affiliate Chugai confirmed the pivot, trimming late-stage pipeline risk. Investors welcomed the focus on a higher-growth therapeutic area.
8. Singapore Core Inflation Edges Up About 1.4% Year-On-Year, Surprising Economists. Price gains in food and services kept headline pressures elevated. Analysts expect the central bank to stay vigilant despite easing energy costs.
9. International Energy Agency Mulls Coordinated Release Of Strategic Oil Reserves. The agency said it is consulting member nations to offset supply risks from Middle East tensions. A concerted drawdown could stabilize crude markets if disruptions escalate.
10. United Airlines Plans Capacity Cuts And Budgets For $100-Oil Through Mid-Decade. The carrier will trim flight schedules by roughly five percentage points to protect margins. Management cited persistent fuel-cost headwinds despite the latest price retreat.
Sources: Reuters, Dow Jones, Tiger Newspress, public market data Disclaimer: This content is for reference only and does not constitute investment advice.