TheDrop Market Analysis, 06/23/25
- Alexangel Ventura
- Jun 23
- 1 min read
Markets rose as investors shrug off concerns over the Middle East proxy war between Israel and Iran.
The Dow finished strong with a 0.89% rise; the S&P rose 0.96% and the Nasdaq rose 0.94%, likewise. The Nikkei and Shanghai SE have also gone marginally up in share price over the course of trading hours Monday.
Investors today initially shrugged off the Middle Eastern conflict between Israel and Iran, with many believing that following President Trump's Operation Midnight Hammer, Iran would come to submission. Investors retained this mentality even after Iran bombed U.S. military bases across the Middle East, such as Al Udeid in Qatar.
Even more favorable for investors, in afterhours President Trump announced a crucial ceasefire between Israel and Iran, formally ending the 12-day conflict as of now. In reaction to this news, futures increased by even larger margins, with the Russell 2000 leading the pack with a nearly 1% rise in 6 hours.
Tesla rose by an incredible 8% as a result of the unveiling of its robotaxi launch, promising nationwide access in the near future to self-driving vehicles. However, some concerns for the operation appeared which caused it to fall by a small amount over the course of the day.
The Magnificent Seven performed very well today amid cooling investor anxiety, with Google and Amazon representing the only signs of a bearish market.
