US-Iran temporary ceasefire lifts global stocks, oil tumbles

GeopoliticsCommodity Impact 4
โดย Dow Jones·Read original
Summary · why it matters

Global stock markets recovered after reports that the United States and Iran have temporarily halted attacks on each other. This sent WTI crude oil prices down 5% to around 85 dollars per barrel, and Brent crude plunged more than 10% to around 88 dollars per barrel. The Dow Jones Industrial Average closed up 235.60 points, the S&P 500 rose 3.68 points, while the Nasdaq fell 161.87 points due to selling pressure in chip and technology stocks. Intel shares dropped 7.9% even though its profit forecast exceeded expectations. The Philadelphia Semiconductor Index tumbled 4.5%. In European markets, the STOXX 600 index closed up 0.82%, marking its second consecutive weekly gain, with technology stocks rising 1.7% amid challenges from high capital spending and competition from open-source AI models. Asian markets opened mostly higher this morning. Japan's Nikkei gained 0.85%, Australia's S&P ASX 200 rose 0.97%, and South Korea's Kospi increased 1.22%. The Thai stock market is expected to edge lower, pressured by Delta Electronics shares after its second-quarter 2026 profit shrank 33% from the previous quarter and came in below expectations.

Impact on stocks 2

Energy Transition & Power Demand▼ · 1 stocks
Semiconductors▼ · 1 stocks
Intel Corporation
INTC
▼ NegativeGeopoliticsrelevance

Intel shares dropped 7.9% amid broad tech selloff, though profit forecast exceeded expectations.

Theme Impact 3

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