Market June

• The S&P 500 rose 0.37% to 7,542.79 on Tuesday, July 14, 2026, driven by a cooler-than-expected June Consumer Price Index (CPI) report. • Market gains were supported by resilient second-quarter profits from major financial institutions, including JPMorgan Chase, Goldman Sachs, and Bank of America. • Gains were tempered by volatility stemming from escalating geopolitical tensions in the Middle East and a shift in tech spending toward AI hardware.

• The UK housing market downturn showed signs of easing in June as buyer demand and short-term sales expectations began to recover from previous lows. • Despite the slight improvement, market sentiment remains fragile due to ongoing uncertainty surrounding inflation, borrowing costs, and the current political climate. • This recovery is significant as it suggests a potential shift in momentum for the property sector after a period of decline.

• The Federal Reserve released the official minutes from the Federal Open Market Committee (FOMC) meeting conducted on June 16–17, 2026. • These documents provide a detailed record of the discussions and deliberations held by the central bank's policymakers regarding the U.S. monetary system. • The release is critical for investors and economists as it offers insight into the Fed's current stance on inflation, interest rates, and economic stability.

• Monthly market valuation updates indicate that U.S. stock indexes remain significantly overvalued, signaling a need for cautious investment return expectations. • The analysis specifically utilizes the P/E10 ratio to assess market pricing and examines its direct correlation with inflation and 10-year Treasury yields. • This valuation gap matters as it suggests that current stock prices may not be sustainable relative to historical norms and economic indicators.

• A weak June labor report has shifted market sentiment, reducing the likelihood of further interest rate hikes and challenging the previously hawkish economic narrative. • Middle market lenders are seeing a reviving sponsor pipeline, which is critical for driving new-money originations and increasing M&A activity. • This shift allows direct-lending funds to better absorb significant amounts of "dry powder" through acquisition financing, unitranche facilities, and revolver commitments.

• Major market indexes experienced a rally on Tuesday, June 25, driven primarily by a surge in semiconductor and chip stocks. • The rally reflects a continued investor focus on AI-related infrastructure spending, though some analysts suggest the buying may be partly "cosmetic" for end-of-month window dressing. • This trend is significant as it highlights the market's heavy reliance on AI growth to sustain current high valuations.

• Thailand’s SET Index closed at 1,591.24 points on June 30, 2026, marking an increase of 13.43 points or 0.85%. • The market saw a total trading value of THB 91.87 billion, driven by strong buying pressure in large-cap stocks. • This growth is attributed to significant fund inflows into specific sectors, allowing the Thai market to extend its recent gains.

• Financial markets on Monday, June 30, 2026, were driven by conflicting reports regarding escalating hostilities between the US and Iran. • President Trump announced that negotiations between the two nations are scheduled to resume on Tuesday to address the surge in tensions. • Despite the prospect of talks, energy prices climbed, with TTF natural gas settling above EUR 42/MWh, although market-implied volatility decreased.

• Somil Mehta, Head of Retail Research at Mirae Asset Sharekhan, has released top stock buy recommendations for June 30, 2026. • The recommended stocks include JSW Energy, Biocon, BHEL, and City Union Bank, with specific technical guidance provided for JSW Energy. • For JSW Energy, the suggested buy range is Rs 585–586 with a target of Rs 620 and a stop loss at Rs 558, driven by a strong breakout above the 550 resistance level.

• Indian equity markets closed lower on Tuesday, June 30, with the Nifty declining 80.50 points (0.34%) to 23,865.75 and the Sensex dropping 249.70 points (0.33%) to 76,478.67. • The downturn was primarily driven by selling pressure in information technology stocks, causing the Nifty to slip below the critical 24,000 mark. • Conversely, electric vehicle (EV) companies saw gains following the Delhi government's announcement of a new EV policy designed to increase adoption and improve air quality.

• S&P 500 futures rose on June 30, 2026, following a record close driven by a technology sector rally and optimism regarding peace in the Middle East. • A Reuters report on an OMFIF survey reveals that more global central banks plan to decrease their U.S. dollar allocations than increase them over the next ten years. • This shift marks the first time public investors have collectively signaled a move away from the dollar, citing rising political risks associated with the U.S. currency.

• Axis Bank's Chief Financial Officer, Puneet Sharma, has resigned from his position. • Jagsonpal Pharmaceuticals will acquire 85% of Aequitas through a Share Purchase Agreement. • State Bank of India has raised $300 million via 3-year senior unsecured floating rate bonds issued through its London branch.

• Nasdaq futures climbed on June 29, 2026, as investors reacted positively to hopes for a diplomatic resolution between the U.S. and Iran. • U.S. officials confirmed that peace talks remain "on track," providing a sense of stability despite the occurrence of recent clashes. • This development is significant as geopolitical stability often reduces market volatility and encourages bullish sentiment in tech-heavy indices.

• Global financial markets saw subdued investor risk appetite on Friday, June 29, 2026, as oil prices declined. • The market downturn occurred despite a UK Navy-confirmed tanker strike in the Strait of Hormuz late Thursday, which temporarily increased maritime threat levels. • This event highlights the tension between geopolitical disruption risks in critical shipping lanes and broader economic pressures affecting energy prices.

• Markets are preparing for a critical week from June 29 to July 3, 2026, highlighted by the release of US June nonfarm payrolls, unemployment rates, and average hourly earnings on Thursday at 8:30 AM ET. • Key international data includes Eurozone flash CPI on Wednesday—the first since the ECB hike—and a monetary policy decision from Colombia on Tuesday. • These reports serve as essential "tone-setting" indicators for investors, as major central banks are not scheduled to make further policy decisions for another six to eight weeks.

• Asian stock markets opened with mixed results on Monday, June 29, as investors reacted to renewed geopolitical tensions between the United States and Iran. • South Korea's Kospi index saw a significant decline, dropping 2.29% at the open, while the small-cap Kosdaq rose by 0.97%. • Other regional indices showed resilience, with Australia's benchmark S&P/ASX 200 increasing by 0.41% and Japan's Nikkei also experiencing a fall.

• Thailand’s SET Index closed at 1,542.34 points on June 26, 2026, marking a decrease of 16.21 points or 1.04%. • The total trading value for the session reached THB 66.47 billion, reflecting significant activity despite the downward trend. • This decline highlights current volatility within the Thai stock market amidst broader global economic developments.

• Crude oil futures have rebounded to pre-conflict levels as markets anticipate the resumption of shipments through the Strait of Hormuz, despite current flows remaining low. • Consumer fuel costs remain elevated, with U.S. gasoline prices 33% higher and UK petrol prices 10% higher than pre-war levels. • May data from the U.S. indicates that consumers are drawing down their savings to compensate for negative real income growth.

• Nasdaq futures declined on June 26, 2026, following a broad sell-off in global technology stocks. • The downturn is driven by investor skepticism regarding artificial intelligence valuations and the increasing costs associated with data center infrastructure. • This shift reflects a growing market concern that the high costs of AI implementation may outweigh immediate financial returns.

• On June 25, the Indian stock market saw cautious gains, with the Sensex closing at 77,100.47 (up 109.25 points) and the Nifty 50 ending at 24,056.00 (up 34.35 points). • The market growth was primarily supported by a decline in crude oil prices, which returned to levels seen before the Iran conflict. • Additional positive momentum was driven by recent government policy measures designed to strengthen the rupee and attract more overseas investment inflows.

• On June 25, 2026, the Sensex climbed over 400 points and the Nifty crossed 24,100, driven by a lower India VIX and easing geopolitical tensions involving Iran. • Crude oil prices are sliding toward pre-war levels, boosting sentiment for energy-importing economies and contributing to the Indian market's upward trend. • Global markets showed mixed results, with Japan's Nikkei 225 surging 3.87% to 71,854.88, while Hong Kong's Hang Seng fell 1.72% and Indonesia's JSX Composite dropped 3.56%.

• Indian markets are preparing for the June 25 session following mixed institutional activity, with FIIs selling ₹1,843.40 crore and DIIs buying ₹3,637 crore on Wednesday. • Global sentiment is bolstered by strong quarterly earnings from chipmakers Micron and Qualcomm, easing concerns regarding the sustainability of the AI-driven stock rally. • Asian markets showed varied performance, with South Korea's KOSPI surging 5% and Japan's Nikkei advancing 4%, while Hong Kong's Hang Seng declined 1.5%.

• The Nasdaq and S&P 500 declined on June 24, 2026, following a volatile trading session characterized by a downturn in technology stocks. • Investors are closely monitoring the upcoming after-hours earnings report from memory-chip manufacturer Micron to gauge the current state of AI demand. • This event is critical as the market seeks clarity on whether the AI-driven growth trend remains sustainable amidst recent tech sector instability.

• Dow futures rose on June 25, 2026, driven by an AI-focused rally sparked by Micron. • S&P Dow Jones Indices announced that Alphabet (GOOG) will replace Verizon (VZ) in the Dow Jones Industrial Average before the market opens on June 29. • This change aims to broaden the index's exposure to high-growth sectors, including cloud computing, AI, and autonomous vehicles.

• UK business news on June 25, 2026, is centered on political and tax uncertainty, record heat, and declining business confidence. • Policy advisers are proposing a separation of fiscal control and growth responsibilities to prevent overly cautious decision-making within government departments. • There are ongoing discussions regarding a potential reconsideration of the Bank of England’s remit to better align with economic goals.

• The S&P 500 and Nasdaq declined for the third consecutive day on June 24, 2026, driven by renewed selling pressure in the technology sector. • AI chip designer Cerebras (CBRS) saw its shares tumble 20% following its first public earnings report, which forecast a gross margin contraction of up to 10 percentage points this quarter. • Oil prices dropped to their lowest level since the start of the war, while FedEx (FDX) shares dipped slightly despite reporting quarterly results that beat Wall Street estimates.

• Indian benchmark equity indices rebounded sharply on Wednesday, June 24, with the BSE Sensex climbing 790.54 points (1.04%) to settle at 76,991.22. • The Nifty 50 index reclaimed the 24,000 mark, fueled by significant buying activity in the banking and IT sectors. • This market surge was driven by falling crude oil prices and investor optimism regarding a potential trade agreement between India and the United States.

• US stock futures ticked higher, with S&P 500 contracts rising 0.1% and Nasdaq 100 futures rebounding 0.4%. • Investors are closely monitoring upcoming results from Micron Technology Inc. to determine if AI spending continues to meet market expectations. • The movement follows a period of volatility where the main index dropped over 3% due to valuation concerns, while South Korea’s Kospi recovered 3.3%.

• Thailand’s SET Index closed at 1,540.90 points on June 23, 2026, marking a significant decline of 33.23 points or 2.11%. • The market saw a total trading value of THB 114.17 billion during the session. • This downturn reflects broader volatility within the Thai and foreign stock markets and the global economy.

• Global markets maintained a positive tone on June 22, 2026, driven by progress in US-Iran peace talks and the US Treasury's decision to permit Iranian oil sales. • Oil prices dropped by more than 3% due to eased supply risks, while the US dollar saw a slight increase. • The British pound rose following the announcement of Prime Minister Keir Starmer's resignation, with investors anticipating an orderly leadership transition.