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
US heating oil futures extended their decline, dropping below $4.0 per gallon, after indications of a potential US-Iran peace agreement. President Donald Trump stated that operations to escort stranded ships out of the Strait of Hormuz would be temporarily paused to allow time to finalize a deal with Iran, but added that the blockade of Iranian ports would remain in place. His comments followed Secretary of State Marco Rubio’s assurance that the Middle East ceasefire is still holding and that the initial major US military operation against Iran has ended. Iran also denied carrying out attacks against the UAE, but warned of a “decisive response” if Abu Dhabi launches strikes on its territory. Meanwhile, weather forecasts have shifted slightly warmer as the market transitions toward the summer cooling season, although below-average temperatures are still expected across parts of the US Midwest in the near term.
