Surprising ups and downs in global indicesJune brought contrasting moves across global stock markets: while the U.S. and Asia posted gains, Europe struggled under pressure. Rising tensions between Iran and Israel, political instability in the EU, and shifting rate expectations fueled volatility. In search of stability, investors turned to U.S. tech and exporters — pushing the S&P 500 (#SP500) and Nasdaq 100 (#NQ100) higher.
Key market movers in June:
• #SP500 (+0.96%), Dow Jones (#DJI30) (+0.89%), #NQ100 (+0.94%) – buoyed by dovish Fed tone and Iran’s restrained response to U.S. strikes. #Tesla surged 8.2%, with #IBM also among top gainers.
• Hong Kong 50 (#HSI) (+3%) – lifted by strong retail data and hopes of new stimulus from China.
• Australia 200 (#ASX) (+1.25%) – boosted by RBA rate cut expectations and strong tech sector performance.
• France 40 (#CAC40) (–2.76%) – weighed down by political risks and weakness in luxury stocks.
• Europe 50 (#ESTX50) (–1.8%) – hurt by soft ECB tone and weaker business activity.
• DAX 30 (#DAX30) (–3%) – pressured by weak industrial data and fading Chinese demand.
S&P 500 and Nasdaq 100 continue to rise on solid macro data, a softer Fed stance, and strong earnings from major tech players. Analysts at FreshForex believe investor confidence in the U.S. recovery supports the ongoing bullish trend.
