2025-06-28
5 分钟Hey listeners, it's Saturday, June 28th.
I'm Francesca Fontana for The Wall Street Journal, and this is What's News in Markets,
our look at the biggest stock moves of the week and the news that drove them.
Let's get to it.
Well, the stock market sure ended this week on a high note.
Stocks were on the rise in recent sessions after the ceasefire between Israel and Iran seemed to stick,
sending oil prices lower and easing fears of escalating conflict that could seriously disrupt the global energy market.
And late on Thursday,
President Trump announced that a trade deal had been signed with China,
and the White House signaled that more deals were coming.
So. As investors were fueling the optimism,
the S&P 500 and the NASDAQ composite both hit new intraday records early in Friday's session.
And then, later in the afternoon, stocks pulled back, paring the day's gains.
Why?
Because Trump said he was cutting off all trade talks to Canada over what he called an egregious digital services tax on American tech companies.
But stocks were bouncing back before the end of the session,
and the S&P 500 and NASDAQ still notched record closes on Friday.
And all three major indexes posted weekly gains, with the Dow gaining 3.8%,
the S&P 500 gaining 3.4%, and the NASDAQ gaining more than 4%.
First, let's talk about some oil stocks that were front and center this week.