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 prices fell below $3.50 per gallon, hitting a seven-week low as markets assessed evolving developments in the Middle East. President Donald Trump said a peace deal with Iran could be signed as early as the weekend and cancelled planned airstrikes following talks with Tehran. This comes despite his earlier threats to seize Kharg Island and take control of Iran’s oil and gas markets, while hostilities between the US and Iran escalated earlier in the week. The lack of concrete agreements kept energy markets fluctuating and heightened concerns over prolonged supply disruptions. The Strait of Hormuz has remained largely restricted since March, accounting for about one-fifth of global oil flows. Meanwhile, EIA data showed distillate stocks, including diesel and heating oil, rose by 0.2 million barrels in the first week of June, compared with expectations for a 0.5 million barrel draw.
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