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June 18th Morning Report

Wednesday 18th June 2025

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The US markets closed lower on Tuesday as the Israel-Iran conflict raged on for a fifth day and kept investor anxiety high, with the US military moving fighter jets to the Middle East.

The Dow Jones Industrial Average down 0.70%, while the S&P 500 and Nasdaq Composite were down 0.84% and  0.91% respectively.

Other key markets ended mixed. European stocks closed as follows: the FTSE100 (-0.46%), the Dax 30 (-1.12%), CAC 40 (-0.76%) and the STOXX (-0.95%). In Asia, the Hang Seng and Shanghai indices closed higher. The key Asian indices ended yesterday as follows: Nikkei 225(+0.59%), HSI (-0.34%) and the Shanghai Composite (+0.35%).

The yield on the US 10 - year note was at 4.387%, while the 2 - year note was at 3.946%. Oil was up to $73.38 per barrel, up 5.05%. The gold price was at US$3406.50 per ounce, down 0.32%. 




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