EUR/USD
1.15379
-0.039%
Gold
4075.43
-4.321%
Oil
88.917
1.793%
USD/JPY
160.542
0.112%
GBP/USD
1.33686
-0.075%
GBP/JPY
214.625
0.037%
Real-time News
The S&P 500 Technology Index fell 2.3%, down 11% from its record closing high on June 2.Supermicro (SMCI.O) shares fell more than 25% after the company announced plans to raise $7 billion through equity financing.On June 11, following Trumps remarks about possible further attacks on Iran, Ibrahim Aziz, head of the Iranian Parliaments National Security Committee, posted a strong statement on social media. He stated, "We are not afraid to fight the losers. American casualties are already far higher than Trump has admitted, and will continue to rise. This time, the war will not be confined to this region. We will wait and see!"On June 11, the U.S. Department of Energy announced on Wednesday that the United States is seeking to lend up to 40 million barrels of its Strategic Petroleum Reserve (SPR) to energy companies to help lower fuel prices. This plan is part of a previous agreement to release 172 million barrels of SPR. To date, the U.S. has lent approximately 133 million barrels of crude oil under that agreement. In March of this year, following the U.S. and Israels war against Iran on February 28, the U.S. reached an agreement with approximately 30 member countries of the International Energy Agency to release approximately 400 million barrels of strategic reserves to help stabilize the international oil market. Currently, U.S. SPR inventories stand at 349.2 million barrels, the lowest level since August 2023. Companies that borrow crude oil must return an equivalent amount of crude oil and pay a premium of up to 24% in the form of additional crude oil.The Nasdaq fell as much as 2% in late trading, the Dow Jones Industrial Average dropped 1.6%, and the S&P 500 fell 1.5%.
