S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
Heating oil futures for delivery at New York Harbor extended its losses to around $3.70 per gallon, remaining close to a two-week low, as markets gauged the likelihood of the US and Iran reaching a deal. The US military reportedly carried out a self-defense strike in Iran, underscoring the fragility of diplomatic efforts, following President Donald Trump’s remarks that talks with Tehran were progressing, with negotiations including a US lifting of its blockade and Iran reopening the Strait of Hormuz. Exports of distillate products from the region have been largely halted since the war began in March, straining refinery operations and pushing heating oil futures to a record high of $4.60 that month. Meanwhile, US distillate stocks unexpectedly rose in mid-May, contrasting with a decline in gasoline inventories, suggesting refiners prioritized diesel and jet fuel production amid global transportation fuel shortages.
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