TheDrop Market Analysis, 06/12/25
- Alexangel Ventura
- Jun 12
- 1 min read
Markets rose as investors take a deep breath following a better-than-expected CPI report.
The S&P 500 rose 0.4%, the Dow rose 0.3%, and the Nasdaq rose 0.2%. Generally, stocks all across the board performed well.
Investors were attracted today by above-average earnings reports, neglecting tensions in the Middle East, and progress in American-Chinese trade negotiations.
Most of the Magnificent 7 grew, except for Tesla, Google, and Meta. Tesla and Google seem to be halting in both of their respective corrective efforts.
Gold and the USD strengthened, albeit very marginally as the United States lags behind the rest of the world, particularly the European Union, in inflation, as indicated by the marginal increase of inflation in the May CPI report.
Oracle surged 13% after beating expectations in its earnings report, stunning investors and recovering much of its losses during the "Liberation Day" tariff wave.
However, stocks sank a few hours after market close right after the Israeli bombing of Tehran, the capital of Iran, leading to a stock downfall and an oil price surge..
