Strait of Hormuz Escalation Sends Oil Surging 5% and Dow Sliding 577

Strait of Hormuz Escalation Sends Oil Surging 5% and Dow Sliding 577

On today's episode of Market Brief – After Hours, we break down a dramatic session on Wall Street after President Trump declared the Iran ceasefire over and U.S. forces struck back following attacks in the Strait of Hormuz. Oil prices spiked, the Dow and S&P 500 slid, and Asian markets took an even harder hit, with South Korea tumbling into bear market territory. We also cover the Fed's divided June minutes, moves in EUR/USD, GBP/USD, USD/JPY and NZD/USD, and standout stock stories from SpaceX to Beazer Homes. ---------------------------------------- Hosted on Acast. See acast.com/privacy [https://acast.com/privacy] for more information.

AI Selloff Sends Nasdaq Down 1.2% as Oil Surges on Iran Attack

On today's episode of Market Brief – After Hours, we break down a violent AI and semiconductor selloff that dragged the Nasdaq down 1.2%, while South Korea's KOSPI triggered a circuit breaker after Samsung's stock fell despite a massive profit beat. Oil surged after Iran struck a tanker near the Strait of Hormuz, while gold and silver extended their slide into deeper technical downtrends. We also cover the day's biggest stock stories, from a near-100% pharma buyout to a brutal drop for Rivian, plus a full rundown of EUR/USD, GBP/USD and USD/CHF. ---------------------------------------- Hosted on Acast. See acast.com/privacy [https://acast.com/privacy] for more information.

Dow Smashes Record as Corn and Soybeans Surge on US Weather Fears

On today's episode of Market Brief – After Hours, the Dow notched its first-ever close above 53,000 as US stocks extended last week's rally, with tech and semiconductor names leading the charge. We break down a wave of corporate headlines, from Microsoft's job cuts to Dell's surprise White House boost, plus a scorching move in agriculture markets as weather threats hit crops on both sides of the Atlantic. We also track EUR/USD and GBP/USD as both pairs approach critical technical levels, and look at what's next with the Fed's first policy minutes under new Chair Kevin Warsh. ---------------------------------------- Hosted on Acast. See acast.com/privacy [https://acast.com/privacy] for more information.

Weak Jobs Data Sends Dow to Record High as Chip Stocks Crash

On today's episode of Market Brief – After Hours, a surprisingly weak June jobs report sends the Dow Jones Industrial Average to a fresh record close, even as a brutal semiconductor selloff drags the Nasdaq lower. We break down what the jobs miss means for the Federal Reserve, why chip stocks like Micron and Nvidia got hit so hard, and how Europe's DAX managed to hit a record high of its own. We also cover the EUR/USD and GBP/USD rebound, a violent reversal in USD/JPY, and why Tesla's blowout delivery numbers weren't enough to stop its stock from sliding. Plus: gold and silver's explosive rally, and why Bitcoin just reclaimed $61,000. ---------------------------------------- Hosted on Acast. See acast.com/privacy [https://acast.com/privacy] for more information.

Meta Jumps 9% on Cloud News as Bitcoin Tops $60K, Dow Slips

On today's episode of Market Brief – After Hours, Meta jumps 9% on plans to launch a cloud business, hammering specialized cloud providers Nebius and CoreWeave in the process. We break down a wild session on Wall Street where the Dow touched a fresh intraday record before Caterpillar's slide pulled it back, and semiconductor names gave back ground after their blistering first-half run. We also cover Fed Chair Kevin Warsh's comments from Portugal, moves in EUR/USD, GBP/USD and AUD/USD, and a strong day for gold, oil and Bitcoin, which reclaimed the $60,000 level. Tune in for the full breakdown of stocks, bonds, currencies and commodities to close out the week. ---------------------------------------- Hosted on Acast. See acast.com/privacy [https://acast.com/privacy] for more information.