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šŸš€ Stock Futures Surge as Trump Announces Iran-Israel Ceasefire – Markets Rally on Geopolitical Relief (6/24/25)

šŸš€ Stock Futures Surge as Trump Announces Iran-Israel Ceasefire – Markets Rally on Geopolitical Relief (6/24/25)

Author:
tipranks
Published:
2025-06-24 17:40:16
7
3

Stock Market News Today, 6/24/25 – Stock Futures Rise After Trump Confirms Iran-Israel Ceasefire Is in Effect

Wall Street wakes up to risk-on sentiment as tensions cool in the Middle East.

Ceasefire catalyst: Futures jump after former President Trump brokers de-escalation—because nothing fuels markets like reduced chances of WWIII.

Traders cheer: S&P, Nasdaq, and Dow contracts all green as oil prices dip—black gold’s loss is the algos’ gain.

Reality check: Never mind that the same politicians causing these crises own stock portfolios benefiting from the volatility. *Cough* insider trading *cough*.

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ā€œThe CEASEFIRE IS NOW IN EFFECT. PLEASE DO NOT VIOLATE IT!ā€ President Trump posted on Truth Social (DJT) around 1:00 a.m. U.S. time.

All three major indexes ended Monday’s regular session in green, recovering from geopolitical tensions. The S&P 500 ROSE 0.96%, the Nasdaq Composite gained 0.94%, and the Dow Jones climbed nearly 375 points.

In after-hours trading, U.S. homebuilder KB Home (KBH) shares dropped more than 2% on weak forward guidance. Chewy (CHWY) stock also slipped around 2% after the company announced a $1.0 billion equity offering.

On the economic front, investors will closely watch Federal Reserve Chair Jerome Powell as he will present the central bank’s monetary policy report before the House Financial Services Committee. Markets will also keep an eye on home price data and June’s consumer confidence reading for further signals on the health of the U.S. economy.

On the earnings front, cruise operator Carnival (CCL), logistics giant FedEx (FDX), and BlackBerry (BB) are expected to report results today.

Meanwhile, the U.S. 10-year treasury yield was up, floating NEAR 4.33%. Oil prices, which had spiked overnight to their highest levels since January, pulled back sharply on Monday. At the time of writing, U.S. crude futures slipped 2.5% to around $66.82 a barrel, while Brent crude, the global benchmark, was down 2.46% to approximately $69.72.

At the same time, theĀ Gold SpotĀ U.S. DollarĀ PriceĀ declined to nearly $3,330 per ounce on Tuesday.

Elsewhere, European stocks opened higher today after President Trump announced a ceasefire between Israel and Iran, confirmed by both countries.

Asia-Pacific Markets Ended Lower Today

Asia-Pacific markets rose on Tuesday after Donald Trump confirmed that the Iran-Israel ceasefire he had announced earlier was now in effect.

Hong Kong’s Hang Seng Index was up 2.06%. Also, Japan’s Nikkei and Topix indices gained 1.14% and 0.73%, respectively. At the same time, China’s Shanghai Composite and Shenzhen Component indices closed higher by 1.15% and 1.68%, respectively.Ā 

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DisclosureĀ 

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