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US Stocks Approach Their All-Time High

  • On Tuesday, U.S. stocks rose with the S&P 500 climbing 67.01 points to 6,092.18 amid easing oil prices and geopolitical developments.
  • This rise followed a sharp fall in oil prices after Iran launched a limited retaliatory strike Monday, which did not target oil production or transport.
  • Investors welcomed hopes of a holding ceasefire between Israel and Iran, which alleviated concerns over oil supply disruptions and lifted markets globally.
  • The Dow Jones gained 507.24 points to 43,089.02 and crude settled at $64.37 a barrel after a roughly $10 plunge, while Treasury yields showed modest fluctuations.
  • Lower oil prices and easing inflation pressure may allow the Federal Reserve to delay tightening, as chair Jerome Powell indicated he awaits tariff effects before moving on rates.
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US stocks hang near their record as Wall Street takes a breath following two big days

Oil prices stabilized after plunging by roughly $10 per barrel in the last two days.

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  • 57% of the sources are Center
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Financial Express broke the news in Uttar Pradesh, India on Tuesday, June 24, 2025.
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