{"id":343548,"date":"2025-06-16T17:34:53","date_gmt":"2025-06-16T21:34:53","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=343548"},"modified":"2025-06-16T17:43:14","modified_gmt":"2025-06-16T21:43:14","slug":"markets-shrug-off-middle-east-fighting","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/markets-shrug-off-middle-east-fighting\/","title":{"rendered":"Markets shrug off Middle East fighting"},"content":{"rendered":"\n

Over the weekend, futures slid after Iran and Israeli exchanged attacks, but on Monday markets shrugged off this conflict and rose. The S&P gained 0.94%, the Nasdaq 1.52% and the Dow 0.75%, though Bitcoin<\/a> spiked 3.7% to US$108,650. <\/p>\n\n\n\n

Major movers included Estee Lauder<\/a> soaring 10.82%, AMD<\/a> 8.81%, MGM Resorts<\/a> 8.1%, Lockheed Martin<\/a> -3.99% and Northrup Grumman<\/a> -3.72%. The U.S. 10-year yield edged up to 4.45%.<\/p>\n\n\n\n

The indices faded into the close, including the TSX which posted an intra-day high early in the session, though managed to close 0.24% higher, just shy of its all-time mark. Sectors were mixed with tech outperforming and energy lagging, due to WTI crude slipping over 2% to US$71.45 on hopes that the Iran-Israel conflict will be contained. Meanwhile, the G7 are meeting in Alberta, and the market is keeping an eye on any news between Canada and the U.S.<\/p>\n\n\n\n

🅱 Bitcoin (BTCUSD)\u00a0(CRYPTO:BTC)<\/a> +3.7%<\/p>\n\n\n\n

💄 Estee Lauder (EL-N)<\/a> +10.82%<\/p>\n\n\n\n

💾 Advanced Micro Devices (AMD-Q)<\/a> +8.81%<\/p>\n\n\n\n

♠ MGM Resorts International (MGM-N)<\/a> +8.1%<\/p>\n\n\n\n

🚚 Lockheed Martin (LMT-N)<\/a> -3.99%<\/p>\n\n\n\n

🚚 Northrop Grumman (NOC-N)<\/a> -3.72%<\/p>\n","protected":false},"excerpt":{"rendered":"

Over the weekend, futures slid after Iran and Israeli exchanged attacks, but on Monday markets shrugged off this conflict and rose. The S&P gained 0.94%, the Nasdaq 1.52% and the Dow 0.75%, though Bitcoin spiked 3.7% to US$108,650. Major movers […]<\/p>\n","protected":false},"author":12,"featured_media":174836,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"cwp_meta_box_check":"No","cwp_rev_product_name":"","cwp_rev_product_image":"","wppr_links":[],"cwp_rev_price":"","wppr_options":[],"wppr_pros":[],"wppr_cons":[],"footnotes":""},"categories":[178],"tags":[],"class_list":["post-343548","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily"],"wppr_data":{"cwp_meta_box_check":"No"},"_links":{"self":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/343548","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/comments?post=343548"}],"version-history":[{"count":3,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/343548\/revisions"}],"predecessor-version":[{"id":343555,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/343548\/revisions\/343555"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media\/174836"}],"wp:attachment":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media?parent=343548"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=343548"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=343548"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}