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Tuesday, June 2, 2026

American Market Recap: Trump to Iran: It is time to make a deal

Tuesday, 02 Jun, 2026

News

Trump to Iran: It is time to make a deal

Trump on TruthSocial is saying Trump says reports that the U.S. and Iran stopped communicating are false. He claims discussions between U.S. and Iranian officials have continued without interruption,

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Technical Analysis

Crude oil prices move above the 200 hour MA at $92.48

Crude oil prices came under pressure earlier in the day, falling to a low of $90.12. That decline found willing buyers just above the 100-hour moving average at $90.10 , a key technical support level.

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News

Goldman Soloman: I believe AI is going to interrupt jobs, dislocate

Goldman Sachs is speaking at the Economic club of New York and to CNBC. I believe AI is going to unleash a growth moment, productivity boom Demand for community is not going to go in straight line eve

Technical Analysis

Buyers in the AUDUSD against key MA support have helped to give the pair a boost today.

The AUDUSD is trading higher today after finding solid support during the early Asian-Pacific session against its 100-hour and 200-hour moving averages near 0.7155 . Holding above that key technical z

News

Hezbollah will not accept partial ceasefire with Israel - report

Hezbollah rejects a partial ceasefire with Israel, AFP reports. Yesterday, a report citing Lebanon's parliamentary speaker said Hezbollah was ready for a ceasefire. What Israel appeared to offer -- vi

Central Banks

Bank of England's Greene: Risk of acting is less severe than the risk of failing to act

The irks of acting, even if inflation is less persistent, is less severe than the risk of failing to act The market is pricing in a 50% chance of a rate hike at the July 30 meeting. I suspect that whi

Education

Why Citadel May Pay for Other Hedge Funds’ Trading Ideas & What It Reveals About Markets

I came across an interesting Bloomberg article reporting that Ken Griffin’s Citadel is preparing to launch a program that would collect trading insights from other hedge funds in exchange for a fee, w

Stocks

Hewlett-Packard, Marvel technology, and Victoria's Secret's are the sexy stocks today

The major US indices are now all higher with the Dow up 0.12%, the S&P up 0.19%, and the NASDAQ index up 0.22%. Nvidia continues its move to the upside with a gain of 2.27% at $229.52. Yesterday m

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Stock market update

Tech sector struggles while financials and energy gain momentum

📉 Technology Takes a Hit The technology sector saw a mixed bag with notable declines. Microsoft (MSFT) fell by 3.62%, and Oracle (ORCL) dropped 3.26%, leading the losses in software infrastructure. C

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