HFMarkets (hfm.com): Market analysis services. - Страница 45

[HFblogNews]

Date: 24th June 2026.

Weekly Market Briefing: Stocks Stabilise as Traders Watch AI, Oil, and Fed Data.

Global markets are attempting to stabilise after Tuesday’s sharp technology-led sell-off, with traders now focused on whether the recent weakness is a short-term correction or the beginning of a deeper pullback.

The main event today is Micron Technology’s earnings, which could provide an important signal on whether demand for AI infrastructure remains strong enough to support the recent rally in technology and semiconductor stocks.

Key Market Movers​

• Global stocks stabilise after Tuesday’s tech-led rout.
• S&P 500 futures rise 0.2%, while NASDAQ 100 futures gain 0.5%.
• The Philadelphia Semiconductor Index plunged 7.9% on Tuesday.
• Micron fell 13% ahead of its earnings report.
• The US Dollar climbed towards a seven-month high.
• Gold fell below $4,100 as the stronger Dollar weighed.
• Oil traded near four-month lows as Strait of Hormuz traffic improved.
• Treasuries steadied as lower oil prices eased inflation concerns.
• Traders now await Thursday’s US personal spending data.

Technology and AI Stocks Remain the Main Market Focus​

Technology stocks remain under pressure after Tuesday’s sharp sell-off. The Nasdaq 100 fell 3.3%, while the S&P 500 declined 1.4%.

The biggest pressure came from semiconductor stocks, with the Philadelphia Semiconductor Index falling 7.9%. All 30 members of the index closed lower as investors questioned whether the AI-driven rally has become overextended.

Micron Technology, Marvell Technology, and On Semiconductor were among the biggest losers. Micron alone fell 13% ahead of its quarterly earnings, making its results one of the most important events of the week.

A strong outlook from Micron could help restore confidence in the AI trade. However, weak guidance could increase concerns that valuations in the sector have moved too far, too fast.

Global Equities Attempt to Recover​

After Tuesday’s rout, global stocks found some stability. The MSCI All Country World Index was little changed after falling 1.7% in the previous session.

Asian equities also steadied, with South Korea’s KOSPI rebounding around 3% after a 10% plunge on Tuesday. Samsung Electronics supported the recovery following reports that the company may announce a share buyback.

In the US, S&P 500 futures rose 0.2%, while NASDAQ 100 futures climbed 0.5%. European equity futures were broadly stable.

US Dollar Strengthens, Gold Falls​

The US Dollar remained strong, with a key Dollar gauge rising towards a seven-month high.

The stronger Dollar placed pressure on gold, which fell for a second day and traded below $4,100 an ounce. Gold remains sensitive to Dollar strength, Treasury yields, and changing expectations around Federal Reserve policy.

Oil Falls as Middle East Supply Concerns Ease​

Oil prices continued to decline, trading near four-month lows.

Brent crude fell below $77 per barrel, while WTI traded close to $72.50. Prices came under pressure as more tanker traffic became visible through the Strait of Hormuz following the interim peace agreement between the US and Iran.

Although uncertainty remains over the durability of the agreement, improving shipping activity has reduced some of the geopolitical risk premium that had previously supported oil prices.

Lower oil prices also helped ease some inflation concerns, reducing pressure on the Federal Reserve to raise interest rates aggressively.

Treasuries Steady as Traders Watch Fed Signals​

Treasuries steadied after gaining on Tuesday. The equity sell-off and falling oil prices were viewed as reducing some of the inflation pressure that had recently pushed yields higher.

The 10-year Treasury yield was little changed around 4.49%.

An auction of 2-year Treasury notes drew strong demand, suggesting investors remain willing to buy US government debt despite uncertainty around future Fed policy.

Traders will now focus on Thursday’s US personal spending data for further clues on inflation, consumer strength, and the Fed’s next steps.

Corporate Highlights​

Several corporate developments also attracted attention:

• FedEx reported quarterly earnings above expectations and said profit should grow this year.
• SpaceX attracted around $89 billion of demand for its debut US bond sale.
• SoftBank’s Masayoshi Son said he plans to remain at the top of the company for another decade or more.
• Chinese AI model maker Zhipu is reportedly considering a Hong Kong share sale after a major rally since listing.
• ByteDance is in talks with banks for a potential $20 billion borrowing as it continues investing in AI.
• Goldman Sachs’ equity trading business is reportedly on track for another strong quarter.
• Apollo Global Management is again limiting withdrawals from its largest non-traded private credit fund.

Other Market Moves​

Bitcoin rose 0.7% to around $62,815, while Ether gained 0.6% to around $1,672.

In currencies, the euro slipped to around $1.1368, while the yen was little changed near 161.61 per Dollar.

In commodities, gold traded near $4,074, while WTI crude fell to around $72.50.

What Traders Should Watch Next​

• Micron Technology earnings
• NASDAQ and semiconductor sector reaction
• S&P 500 support levels
• US personal spending data on Thursday
• US Dollar strength
• Gold’s reaction below $4,100
• Oil prices near four-month lows
• Treasury yields
• Further developments around the US-Iran interim agreement

Market Outlook​

Markets remain highly sensitive to AI sentiment, Federal Reserve expectations, and commodity price movements. While global stocks are attempting to stabilise, the recent sell-off shows that investors are becoming more selective after a powerful rally in technology shares.

For now, Micron’s earnings and Thursday’s US personal spending data are likely to determine whether risk sentiment improves or whether the pullback in equities deepens.

Always trade with strict risk management. Your capital is the single most important aspect of your trading business.

Please note that times displayed based on local time zone and are from time of writing this report.

Click HERE to access the full HFM Economic calendar.

Want to learn to trade and analyze the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!

Click HERE to READ more Market news.

Andria Pichidi
HFMarkets

Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.

 

Реклама: 🔥 Хочешь получить Telegram Premium и стать гуру Polymarket? Кликай сюда!