TheDrop Market Analysis, 06/18/25
- Alexangel Ventura
- Jun 18
- 1 min read
Markets had mixed results ahead of Iran news and a Fed interest rate hold.
The Dow index fell 0.1%, the S&P 500 index fell 0.03%, and the Nasdaq index rose 0.13%. The small-business-heavy Russell index rose 0.03%. The value of the U.S. dollar strengthened, and gold weakened.
Stocks performed so mixed today because of investors being overwhelmed by many headlines at once. For economic news, the Fed decided to keep rates steady, citing concern over inflation caused by tariffs on imports from America's greatest trading partners. Also, the Israel-Iran conflict escalated when President Trump approved of a war plan to defeat Iran in military combat, which has yet to be implemented.
Investors looked away from oil, which saw a significant decline as a result of the tensions. Investors sold their stock from top oil companies as a result of their hesitancy to trust the continued free flow of crude as a result of Middle East tensions, with Iran being a key contributor to OPEC.
Surprisingly, the majority of Mag. 7 tickers improved in share price, with Nvidia approaching its all-time high price per share, and Apple, Tesla, and Microsoft following behind. Meanwhile, Alphabet, Meta, and Amazon fell.
Palantir technologies surged as it is a key supplier of military equipment to the United States military, and its recent levying of war plans got investors optimistic in the stock.
Coinbase and other crypto stocks surged after the passage of the GENIUS Act.
