Stock Market Daily ·
US-Iran Peace Deal Ignites Futures Rally, Overriding Hawkish Fed
9 sources1 min read
US and Iran sign 14‑point MoU; futures surge as oil slides The landmark memorandum sets a 60‑day window to negotiate a permanent end to hostilities, reopens the Strait of Hormuz, and lifts sanctions on Iranian oil. Nasdaq futures jumped 1.4%, S&P 500 futures added 0.9%, and crude fell below $76. 123
Fed holds rates but signals 2026 hike; Dow, S&P 500 fall sharply The FOMC left rates at 3.50%–3.75% but nine officials projected at least one hike this year, while Chair Warsh emphasized price stability and removed forward guidance. The Dow dropped 507 points, the S&P 500 lost 1.21%, and the Nasdaq shed 1.34%. 45678
SpaceX falls for first time since IPO, denting market sentiment Shares slid 4.9% in their first decline after last week’s hot debut, adding to pressure on communication services and underscoring a cooling of speculative appetite. 45
Intel jumps 7% after Trump confirms Apple chip partnership The president said Apple will work with Intel on domestic chip production, sending INTC higher in premarket. Memory stocks also rose after Apple warned Mac and iPad prices must rise to cover AI‑driven storage costs. 1
Moderna, Robinhood, GE Vernova lead S&P 500 winners; Carvana tumbles MRNA surged 11.6%, HOOD gained 8.8%, and GEV added 6.8% on Wednesday, while CVNA plunged 10.3% and EchoStar fell 7.7% amid broad market weakness. 9
Stock Market Daily
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