Article Summary
Dow Futures tumble as Israel-Iran conflict sparks market jitters [https://invezz.com/wp-content/uploads/2025/06/Dow.png] Stocks rose Friday, building on a winning session that pushed indexes to fresh records after the Federal Reserve’s interest rate cut boosted investor confidence. The Dow Jones Industrial Average added 98 points, or 0.2 percent. The S&P 500 and Nasdaq Composite each advanced 0.2 percent and 0.3 percent, respectively, while the small-cap Russell 2000 rose 0.1 percent to notch a new record. Major indexes were on track for strong weekly performances. The S&P 500 and Dow are up 0.9 percent and 0.8 percent this week, while the Nasdaq has gained 1.8 percent. The Russell 2000 has outperformed, advancing 3 percent and on course for its seventh straight weekly increase. The rally followed the Fed’s decision to lower its benchmark overnight lending rate by a quarter percentage point, its first cut since December. Although widely anticipated, markets initially reacted with volatility after Fed Chair Jerome Powell described the move as a “risk management cut” during his press conference. SEC TO CONSIDER SEMIANNUAL EARNINGS REPORTING Paul Atkins, chairman of the US Securities…
Read the Full Article
This is a summary from our news feed. For the complete article with full details, analysis, and additional content, visit the original source.
Read Full Article on Invezz Markets