In today’s episode of Market Brief – After Hours, markets experience one of the most dramatic intraday reversals in recent memory as oil surges above $119 per barrel on fears of disruption in the Persian Gulf before retreating sharply after comments suggesting the US-Israel conflict with Iran may be nearing an end. The Dow, S&P 500 and Nasdaq all stage powerful recoveries after steep early losses, with semiconductor stocks leading the late rally as investors rush back into risk assets once energy prices retreat.
We also examine the heavy sell-off across Asia and Europe during the overnight panic, the extraordinary volatility in crude oil markets, and the implications for inflation and global growth. The episode covers Forex technical levels across EUR/USD, GBP/USD and AUD/USD, moves in Gold and Silver, and the biggest corporate movers including strong gains in Broadcom, AMD, Micron Technology, and Nvidia, alongside major biotech moves in Hims & Hers Health, Novo Nordisk, Xenon Pharmaceuticals, and Olema Pharmaceuticals.
","author_name":"Arshia Hadidi"}