01 Stock Market
As of June 15, U.S. stock index futures performed as follows: Dow Jones futures rose 0.96%, Nasdaq 100 futures climbed 2.14%, and S&P 500 futures advanced 1.31%, reflecting renewed risk appetite after the U.S.–Iran interim accord and strong demand for semiconductor and space-related shares.
Notable Stock Movers: Space exploration newcomer SPCX up 5.98% at $170.57 extended its blockbuster debut, while memory leader MU up 7.86% at $1,058.81 and leveraged chip fund SOXL up 13.35% at $266.01 led semiconductor momentum. Graphics-hardware giant NVDA up 1.78% at $208.85 and storage specialist SNDK up 6.46% at $2,108.00 kept the AI enthusiasm in focus. In contrast, inverse semiconductor vehicle SOXS down 13.35% at $4.09 reflected investor rotation toward chip strength. The pre-bell landscape underscores how the truce in the Middle East, together with surging AI infrastructure spending, is amplifying optimism across growth bellwethers and high-beta thematic ETFs.
02 Other Markets
• 10-year U.S. Treasury yield fell 0.66%, to 4.46%.
• U.S. Dollar Index fell 0.29% to 99.51.
• WTI crude oil futures fell 5.14% to 80.52 USD/barrel; COMEX gold futures rose 2.82% to 4,358.20 USD/ounce.
03 Key News
1. Washington and Tehran reached an interim accord to reopen the Strait of Hormuz, pausing hostilities and enabling 60 days of negotiations on Iran’s nuclear program. The move removes an immediate risk premium from global energy markets and improves supply-chain visibility for exporters reliant on the vital shipping lane.
2. The liquefied-natural-gas carrier “Disha” became the first major energy vessel to transit the Strait of Hormuz following the truce, signaling a tangible reopening of the corridor. Shipping data show the tanker’s safe passage into the Gulf of Oman, a development expected to normalize regional oil and gas flows.
3. Iran will allow ships a 60-day duty-free window before introducing fees for security, navigation and insurance services in the strait. Officials said revenues from the new levy would support domestic economic programs, suggesting a phased approach to monetizing the strategic waterway.
4. Federal Reserve Chair Kevin Warsh prepares for his first policy meeting, with markets watching for clues on future rate actions and balance-sheet strategy. Economists highlight uncertainty over whether Warsh will prioritize inflation control or heed calls for easing, making the forthcoming press conference critical for rate-sensitive sectors.
5. Social-media giant ByteDance is negotiating to buy at least 50,000 AI inference chips from Iluvatar CoreX and is exploring additional supply from Baidu’s Kunlunxin unit. The potential deal would mark a significant commercial breakthrough for the Shanghai-based chipmaker and accelerate ByteDance’s domestic hardware diversification amid U.S. export curbs.
6. Space exploration leader SpaceX disclosed new cloud-computing contracts with Anthropic and Google that could generate up to $26 billion in annual revenue. The agreements bolster the company’s high-margin AI infrastructure segment, expanding beyond launch and satellite services.
7. Chief Executive Elon Musk projected that SpaceX could approach $1 trillion in yearly revenue by 2030. The bold forecast, shared on social media, underpins bullish sentiment around the firm’s multi-vertical strategy spanning launches, broadband and AI data centers.
8. Crypo exchange OKX launched 13 new “X-Perp” perpetual markets, giving European users access to major U.S. equity and commodity benchmarks via tokenized contracts. The rollout extends traditional-asset exposure to crypto traders and further blurs the line between digital-asset and conventional financial markets.
9. Coinbase’s independent quantum-risk advisory board warned that about seven million bitcoin addresses could be vulnerable to future quantum-computing attacks. The report urges industry stakeholders to develop governance frameworks for migrating at-risk coins and enhancing cryptographic resilience.
10. The value of tokenized U.S. Treasury instruments on public blockchains surpassed $14.6 billion, marking a milestone in the convergence of decentralized finance and traditional capital markets. Analysts view the rapid growth as evidence of rising demand for blockchain-based fixed-income exposure, potentially reshaping liquidity management practices for institutions.
Sources: Reuters, Dow Jones, Tiger Newspress, public market data
Disclaimer: For informational purposes only; not investment advice.
