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Why Stocks Surged and Oil Collapsed After Trump's Surprise Move
Description
The Thursday session closed Green. Here is why.
Wall Street staged a massive intraday reversal as President Trump called off scheduled military strikes on Iran, sending crude oil plunging and completely defusing geopolitical panic to override a scorching-hot PPI inflation print.
🟢 Winners: Technology & Semiconductors surged, led by a 10% rebound in Intel and Lam Research.
🔴 Losers: Energy took a hard hit as WTI crude prices plummeted into the $87-$89 range.
🔔 The Look Ahead: All eyes are on Friday's historic SpaceX (SPCX) IPO. Set to debut on the Nasdaq at a $1.75 trillion valuation, this massive listing is expected to trigger major liquidity shifts across the entire tech sector.
Content is for informational and educational purposes only. Market data may be subject to platform delays. This is not financial advice.