Stock Market Impact: Dow futures +0.3%, S&P 500 futures +0.4%, Nasdaq‑100 futures +0.7%; Nasdaq gain driven by chipmakers rebounding after Broadcom’s weak AI‑semiconductor results.
Listed Companies and Sectors: Broadcom (technology) triggered sell‑off; GSK’s $10.6 bn acquisition of Nuvalent boosted Nuvalent shares; Vail Resorts (leisure) fell after cutting full‑year outlook; UBS analysts advise reduced single‑name exposure in AI.
Investment Flows: No direct FDI/FPI measures; market sentiment improved by cooling Israel‑Iran tensions, potentially supporting capital inflows.
Interest Rates, Inflation, and Liquidity: Markets pricing in at least one Fed rate hike this year; 10‑year Treasury yields flat, 2‑year yields dipped; CPI data for May pending, crucial for policy outlook.
Fiscal or Monetary Policy: Anticipated May CPI will guide Federal Reserve decisions; no explicit fiscal actions mentioned.
Geopolitical/Energy Impact: Brent crude fell 2.3% to $92.10/barrel as Trump signaled near‑term Iran peace deal; expectation of lower yields and oil prices once deal finalised.
