Jerry O’Callaghan, the former chairman of JBS with, the center, speaks to the NEW York Stock Exchange trader in New York, USA, on Wednesday, June 25, 2025.
Michael Night Bloomberg | Getti images
I am Spring Srivova, CNBC International Editor for Digital, and today I write to you from Singapore.
Enjoy!
Share your thoughts with me on the newsletter and what you would like to see more or less.
Markets this week? Completely rude – as if they are somewhere on the beach, drinking cold drinks and ignoring headlines.
Geopolitical tensions flooded (again), oil prices are sink, and defense inventories could not decide – already wider market? He barely blinked. The S & P 500 flirted with records, Name was constantly cruising thanks to his AI dear, and even small caps entered the action. It’s almost like investors looked at Chaos and said, “Meh, we’re good.”
What is this cooled mood drive? The part is optimism cut to speed. The efforts of oil is oil pressure on the table, and brown brows from Feda gave traders enough to hope September will be in the game. Signs of bonds facilitated and risk appetite returned.
Of course, there are risks everywhere – from the tension of the Middle East to extended estimates in some market corners – but right now, Wall Street seems to be in the whole summer mode. Super, calm and a little separate.
Will that last? It’s hard to say. Markets have a habit of waking up just when you least expect it. But for now, they adjust the noise and grab rays.
What do you need to know today
And finally …
Merchants work on the floor at the New York Stock Exchange 23. June 2025.
Brendan McDermid | Reuters
As it went back to the stock market to a new record – even with so much we are still worried about
The S & P 500 is less than 0.1% remotely closed in a new record, almost almost 20% of the sale in April.
The wall of concern crashed a little bit in the last four months. It may be the most important thing, because Trump gave up on the narrated tariffs in key American partners.
Corporate salaries also maintained well despite the uncertainty of politics. For the second quarter, the wage S & P 500 increased by 4.9%, marking the eighth consecutive quarter of earning earnings in the year, in accordance with the facts.
– Yun Li
