TheDrop Market Analysis, 06/24/25

Markets rose for the second day in a row, a near all-time high, ahead of cooling tensions in the Middle East.

Supreme Leader Khamenei and President Trump.

All indexes performed spectacularly today. The Standard & Poor's index rose 1.11%, the Dow index rose 1.19%, the Nasdaq index rose 1.43%, and even the Russell 2000 index rose 1.34%. These indexes all circumvented their previous losses in the past few weeks as a result of more volatile global tensions, but today markets made a monumental shift in the direction of a bull market.

The values of cryptocurrencies and fiat currencies, from Bitcoin to the U.S. Dollar to gold, all stagnated today without much investor activity. Bitcoin has been successful in retaining their near record high at around $107k at similar levels for a long duration of time.

Investors poured into the market today with their capital because of the landmark ceasefire negotiated by President Donald Trump to call for a quick end to the Israel-Iran conflict. With the chance of a proxy war becoming smaller and smaller, investors took a deep breath as the oil industry avoided near-catastrophe. Many investors on social media, especially X, graciously thanked President Trump for saving their portfolios.

Reddit post published by member of r/WallStreetbetsELITE.

Going beyond the jokes and dramatic responses, the ceasefire prevented the global economy from experiencing a uniform inflationary surge due to a Hormuz Strait blockade and OPEC+ trade pressures.

The Magnificent Seven once again made a spectacular showing today, with Nvidia approaching a near all-time high of $147.90 per share. Apple and Tesla, however, fell due to simple natural correction, especially Tesla which just finished a massive 8% rally yesterday and now became overvalued.

Coinbase surged due to investor hype for the GENIUS Act, a key bill targeting stablecoins.

Oil prices today dropped for the first time since the beginning of the Israel-Iran proxy conflict.