Market Recap (6/15/25)
Market Recap of the Week of Jun 9, 2025 - Jun 13, 2025
Source: Apple Stocks Application
Overall Market Trends:
The market fell last week, with all four major indices ending the week in the red. The New York Stock Exchange Composite (NYSE) fell 73 points (-0.36%), the S&P 500 sank 22 points (-0.37%), the NASDAQ Composite slipped 130 points (-0.66%), and the Dow Jones Industrial Average posted weekly losss of 556 points (-1.30%).
Stocks faced mixed results during Monday’s trading session as tech-heavy indices like the S&P 500 and the NASDAQ rose while the Dow Jones declined significantly. It was reported that the U.S. and China were making headway with their trade talks. While meetings on Monday were primarily aimed at ensuring China was serious about reaching a deal, talks are set to resume on Tuesday. The United States also wants a guarantee that China will restore vital mineral exports.
The broad market rose on Tuesday as trade talks continued. There are hopes across the market that these talks will be concluded by Tuesday night as both sides look to find an agreement.
Stocks fell on Wednesday as investors took a breather from the recent trade-backed rally. While the United States and China reached a preliminary agreement, this news was outweighed by a new inflation data report that came in lower than expected. The Consumer Price Index (CPI) rose by 0.1% in May, less than the 0.2% estimate.
The market pushed higher on Thursday after Oracle’s (NYSE: ORCL) strong earnings report lifted sentiment and other tech stocks. The company skyrocketed 13% after it reported beating both top and bottom lines and highlighted more cloud growth in the future. Boeing (NYSE: BA) fell roughly 5% after an Air India Dreamliner 787 crashed shortly after taking off, killing nearly all passengers. The Producer Price Index (PPI) also increased by 0.1%, lower than the 0.2% expectation. However, this news was not enough to offset the tech surge.
Markets got rocked after Israel launched multiple airstrikes on Iran, adding to the already heightened geopolitical tensions throughout the world. While this was a move to eliminate Iran’s ability to facilitate a nuclear weapon, it sent oil prices soaring more than 7% as Iran launched counterstrikes. Iran also backed out of the sixth round of nuclear talks with the United States.
Past Earnings Report:
Looking Towards the Future
Upcoming Important Economic Events:
Monday: Empire State manufacturing survey
Tuesday: Import price index (IPI)
Wednesday: Initial jobless claims; FOMC interest-rate decision; Fed Chair Powell press conference
Thursday: Markets Closed in observance of Juneteenth holiday
Friday: Philadelphia Fed manufacturing survey
Future Earnings Reports: