Shesa's Weekend Stock Market Updates - 6|14|26
Welcome to my weekend updates The U.S. stock market closed the week slightly higher after rebounding from the previous week’s selloff. The biggest story was SpaceX IPO which boosted overall market sentiment. I will write more on this later. Some selective technology and AI related Semiconductor stocks had a big rebound. Based on the latest news, President Trump said a few hours ago on social media that the deal with Iran was “now complete” and he authorized the reopening of the key Strait of Hormuz passageway. The Pakistan Prime Minister said an official signing ceremony would take place on Friday in Switzerland. We will wait and see..But this is a very positive news. Let's take a look to last weeks stock market Indices Performances: • S&P 500: Closed at 7,431.46 on June 12.
Weekly gain: +47.72 points, up +0.65% • Dow Jones Closed at 51,202.26.
Weekly gain: +335.48 points, up +0.66% • Nasdaq Composite: Closed at 25,8...