On June 12, 2026, U.S. stock markets showed notable gains, with the Dow Jones Industrial Average rising 0.26% to reach a new all-time high, while the S&P 500 and Nasdaq 100 increased by 0.23% and 0.74%, respectively. Strong performance in chipmakers, including Applied Materials which rose more than 9%, played a significant role in the market’s upward trend. U.S. retail sales for May exceeded expectations, increasing by 0.9% month-over-month, which has bolstered market confidence.
In related economic news, the Federal Reserve’s 2-day FOMC meeting is underway, with expectations that interest rates will remain unchanged. Meanwhile, U.S. MBA mortgage applications fell by 3.8% in the week ending June 12, 2026, reflecting a decrease in both purchase and refinancing sub-indices. Crude oil prices have also been affected by geopolitical developments, with prices recovering as the Strait of Hormuz is set to reopen, allowing for potential increases in oil supply.
Global markets mirrored the positive sentiment, with the Euro Stoxx 50 up 0.33%, while Japan’s Nikkei-225 index climbed 0.72% to a new all-time high. Anticipation remains high for economic indicators from the U.S. and Europe as investors closely watch the implications of monetary policy decisions and retail data.
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