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Thursday, June 25, 2026

American Market Recap: UN shipping agency says it will pause Hormuz evacuation plan

Thursday, 25 Jun, 2026

News

UN shipping agency says it will pause Hormuz evacuation plan

Oil prices are higher today after the British military said a cargo ship was hit while on UN-approved route through the Strait of Hormuz. It was on a United Nations-approved route and it's not yet cle

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News

US treasury sells $44 billion of 7- year note at a high yield of 4.26%

High yield: 4.26% (prev. 4.290%, six-auction avg. 4.076%) WI level at the time of the auction: 4.260% Tail: 0.0 basis points versus average of 0.2 basis points Bid to cover: 2.50X versus average of 2.

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Stocks

Micron's up, but Nvidia, Alphabet, Meta, Microsoft, Apple, Tesla are looking old and tired

Share of Micron are trading higher after reaching new all-time highs earlier in the day. Earnings and guidance after the close were stellar. However other once Micron-esque companies are looking tired

News

Dallas Fed trimmed mean PCE price index +2.8% vs +2.4% prior

The rise in the trimmed mean is a sign that underlying inflation is accelerating. Now that might reverse as oil prices fall but notably, Apple today increased (significantly) the prices of many of its

Technical Analysis

AUDUSD dip buyers try push higher, but upside momentum fades near resistance target.

The AUDUSD has been stepping lower since the FOMC decision last Wednesday, when the pair initially broke below its 100-hour and 200-hour moving averages at 0.7060 and 0.7046, respectively. The downsid

Stock market update

tech tumbles: bright spots for banks and healthcare

🌐 Sector Overview The latest stock market heatmap reveals a challenging day for the Technology sector, particularly in semiconductors and software infrastructure. Micron Technology (MU) emerged as

News

Israel-Lebanon meeting hits dead end as Israel insists on occupation

There are some modest bids in oil creeping in after an Al Arabiya report on negotiations between Israel and Lebanon. The report says negotiations have hit a dead on because Israel is insisting on main

Technical Analysis

USDCAD is trading down on the day with help from a double top. Can sellers push further?

In a post yesterday , I commented that the USDCAD had been trending higher day after day—with only a handful of declines since May 1—and quipped that the pair's price moving higher might soon join dea

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Stocks

Meta is the signal and Micron is the noise

Micron just passed Meta in market cap for the first time and that's worth highlighting for a couple reasons. The main one is that Meta is a huge buyer of memory chips from Micron and its competitors.

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