U.S. stocks rallied as weekend hostilities between the United States and Iran eased, lifting tech shares and pushing the Nasdaq Composite up 2.04%. The Dow Jones Industrial Average finished above 52,000 for the first time, while the S&P 500 rose 1.16%. SpaceX shares climbed after Nasdaq said the newly listed company will join the Nasdaq 100 index on July 7. Comcast jumped after announcing plans to split off NBCUniversal and Sky, and Alphabet ended higher on its first day as a Dow component.

Donald Trump said in a Truth Social post that gasoline prices are falling quickly and noted West Texas Intermediate (WTI) crude has dropped to $69 a barrel, below levels seen before tensions over Iran’s nuclear issue escalated. The report said easing U.S.-Iran tensions and continued shipping through the Strait of Hormuz have reduced fears of supply disruptions, pushing crude and refined fuel prices lower. Retail gasoline prices typically lag wholesale moves, though the downward trend is starting to show.

The AI data-center construction boom is driving major technology companies to rely more heavily on debt financing, forcing investors to track traditional cost drivers such as interest rates, electricity and copper. Amazon and other firms are expected to see negative free cash flow as spending accelerates, while Nvidia is described as retaining a strong cash position. Even so, the sector’s rising capital expenditures make funding costs more sensitive to rate moves, according to CNBC. Higher financing costs could also slow the pace at which projects tied to AI infrastructure move forward, even as demand lifts attention on copper.

The United States and Iran reached a provisional 60-day ceasefire, pausing hostilities while deferring decisions on Iran’s nuclear program, its support for proxy forces and the Strait of Hormuz to subsequent talks. Vice President JD Vance has been named the lead U.S. negotiator, though his planned trip to Switzerland for the opening of talks was abruptly canceled. The White House said the U.S. delegation remains ready to depart when possible. The development is primarily geopolitical, with market effects seen mainly through energy-supply expectations and shifts in risk sentiment rather than direct economic data or policy changes.

Iraq is preparing to export crude oil and naphtha through Syria after the Iran war effectively shut the Strait of Hormuz and curtailed its main Gulf shipping routes. The initial plan would move about 50,000 barrels per day by tanker-truck once loading facilities are ready, with operations expected to start in early July. The Baniyas route is described as a wartime workaround rather than a long-term normal channel, and capacity is constrained by damaged infrastructure and frequent disruptions. The shift underscores a physical interruption to a key Middle East export corridor that could briefly affect global crude supply flows.

The U.S. Court of Appeals for the Sixth Circuit ruled that Ohio can enforce a law requiring social media companies to obtain parental consent before users under 16 can access their platforms. The measure also mandates age verification for services that can reasonably be expected to be accessed by children under 16, and it took effect in January 2024 after being enacted by the state Legislature in 2023. A lower-court order that had paused enforcement at the request of NetChoice was overturned, with the panel finding no violation of the First Amendment. The decision increases compliance demands for platforms including Instagram and YouTube, adding pressure on how they sign up and retain younger users.

Silver has pulled back sharply in June to the mid-$60s after peaking near $120 in January, with higher-for-longer U.S. rate expectations, a stronger dollar and profit-taking weighing on prices. Even after the drop, the metal remains up 86% over the past year, a move the article frames as bull-market volatility rather than a broken trend. It points to industrial demand posting four consecutive record years from 2021–2024 and an estimated cumulative supply shortfall of roughly 800 million ounces over the same period. The analysis also highlights an India rule taking effect in April 2026 that would allow mutual funds to allocate up to 35% to gold and silver, potentially opening about $385 billion in equity-fund assets to precious metals.

美联储会议释放鹰派信号，九名委员支持年内加息，市场预计12月加息概率升至88%；美元指数创一年新高。同时，美伊签署临时停火协议，布伦特原油跌至3月2日以来最低，WTI跌至3月4日以来最低。黄金现货下跌0.2%至4249.16美元/盎司，期货跌2.6%，白银、铂金、钯金同步走弱。

The U.S. and Iran signed a preliminary memorandum of understanding that opens a 60-day window for negotiations, with talks expected to cover Iran’s nuclear program, sanctions relief and restoring commercial shipping through the Strait of Hormuz. After the signing, Brent and West Texas Intermediate crude prices fell and the U.S. national average gasoline price slipped below $4 per gallon. Markets appeared to react to expectations of reduced geopolitical risk and a potential return of Iranian supply, though the framework is described as fragile with unresolved disputes.