Global markets were volatile and mostly lower amid escalating US-Iran geopolitical tensions. President Trump stated a tentative ceasefire with Iran was “over” and threatened further actions, driving a risk-off sentiment. US stocks closed mostly down (Dow and S&P 500 lower, Nasdaq mixed/rebounded slightly). Oil prices jumped sharply on supply disruption fears. Gold and silver saw pressure or mixed moves. Crypto traded lower. European indices declined notably; Asian markets were mixed (Japan down, Hong Kong up). Bonds saw yields edge higher. Overall, a cautious trading day with energy and defensive sectors showing relative strength.
Global Assets
- Global Stocks: Broad risk-off; major US indices mostly declined on geopolitical concerns and AI/tech valuation worries.
- Global Bonds: US Treasury yields edged higher (e.g., 10Y around 4.5-4.6% range recently; 3Y ~4.27%). Safe-haven demand tempered by inflation/geopolitical factors.
- Global Oil: Sharp gains on Iran tensions. WTI around $72+ (up ~2-4% intraday), Brent ~$76-79 (strong upside).
- Global Gold: Mixed/declined intraday amid risk moves; spot near $4,100-$4,137/oz range.
- Global Silver: Declined; futures around $61/oz area.
- Global Crypto: Lower on risk-off. Bitcoin opened ~$63,318 (down ~1-2%, traded ~$62k area). Ethereum also soft.
US Indices (July 8 Close)
- DJIA: ~52,348 – 52,925 (down ~0.25-1.1%, ~130-577 points lower; intraday record high earlier).
- S&P 500: ~7,483 – 7,503 (down ~0.28-0.5%).
- NASDAQ Composite: ~25,819 – 25,871 (down ~1.2% earlier, closed mixed/near flat to +0.2%).
- Russell 2000: Soft in line with broader market (specific close limited in results; small-caps under pressure).
- NYSE Composite: Trended lower with major averages.
North America
- S&P/TSX Composite (Canada): Limited specific close; aligned with US risk-off.
- S&P/BMV IPC (Mexico): Regional follow-through on US sentiment.
Europe
- DAX (Germany): ~24,897 (down ~2.23%, -568 pts).
- FTSE 100 (UK): ~10,489 (down ~1.66%, -177 pts).
- CAC 40 (France): ~8,253 (down ~2.18%).
- EURO STOXX 50: Down in line with region (~2%+ declines).
- AEX (Netherlands), IBEX 35 (Spain), FTSE MIB (Italy), SMI (Switzerland), BEL 20 (Belgium), ATX (Austria), OMXS30 (Sweden), OMXC25 (Denmark), WIG20 (Poland): Broad European declines of 1-2.5% amid risk aversion.
Russia / Other
- MOEX Russia Index: Limited data; likely influenced by global energy and geopolitics.
Asia-Pacific
- Nikkei 225 (Japan): ~66,819 (down ~2.11%, -1,438 pts).
- Shanghai Composite (China): Mixed/regional data sparse.
- Hang Seng Index (Hong Kong): ~24,199 (up ~2.99%, +703 pts; relative strength).
- SZSE Component, China A50: Followed mainland/ HK trends.
- Taiwan Weighted Index: Regional Asia mixed.
- KOSPI (South Korea): Limited specifics; aligned with broader Asia.
- NIFTY 50 & S&P BSE Sensex (India): Positive momentum noted earlier in week; specific July 8 close limited.
- S&P/ASX 200 & All Ordinaries (Australia): Followed global risk-off.
- NZX 50 (New Zealand): Similar.
Southeast Asia / Middle East / Latin America
- SET Index (Thailand), JKSE (Indonesia), FTSE Bursa Malaysia KLCI: Limited; regional follow-through.
- Tadawul All Share (Saudi Arabia): Energy-sensitive, likely supported by oil gains.
- TA-35 (Israel): Geopolitical sensitivity.
- BIST 100 (Turkey): Volatile on global backdrop.
- Bovespa / Ibovespa (Brazil): Emerging market pressure.
- S&P Merval (Argentina), S&P IPSA (Chile): Commodity and risk influences.
