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Today’s Stock Market
June 23, 2025 at 9:15 a.m. EST
Despite the US bombing of Iranian nuclear facilities over the weekend, S&P futures are trading slightly higher this morning. If not for the military strikes and ratcheting geopolitical tensions, it would feel like the beginning of a slow summer week in the markets as we await temperatures to hit triple digits in NYC. It’s notable that as of now, the S&P 500 looks to open about 0.2% higher following the weekend events, while it gapped down 3% at the open following the Tariff Day announcement in April. Brent Crude briefly spiked 5% to over $80 but has since given back all of it and currently trading down 0.3%. Yields moved slightly higher but are now lower by 2-4bp across the curve. The US Dollar Index is back near 99 as it strengthened versus major currencies. Gold spiked to ~$3,415 but is now ~$3,375, down about 0.3%. Bitcoin continues to slide, down ~2% to ~$101K.
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