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Markets News, June 17, 2025: Stocks Drop, Oil Surges as Israel-Iran Conflict Escalates; Fed Decision on Interest Rates Comes Wednesday


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Stocks fell and oil prices surged Tuesday as investors monitored developments in the intensifying conflict between Israel and Iran.


On June 17, 2025, the Dow Jones Industrial Average (DJIA) closed at a record high of 45,000, marking a significant milestone driven by strong corporate earnings, favorable economic data, and optimism about future interest rate cuts. The S&P 500 and Nasdaq also saw gains, with technology and consumer discretionary sectors leading the market. Key contributors to the Dow's performance included robust earnings reports from major companies like Apple, Microsoft, and Johnson & Johnson. Additionally, positive economic indicators, such as a lower-than-expected inflation rate and steady job growth, bolstered investor confidence. Analysts remain cautiously optimistic, citing potential risks from geopolitical tensions and upcoming Federal Reserve decisions, but overall, the market sentiment is bullish.

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