Wednesday, June 25th

LEAD STORY – WHAT YOU NEED TO KNOW

Markets creep toward new highs as cease-fire and Fed tone buoy sentiment
U.S. stock benchmarks are closing in on all-time highs following a tentative Israel–Iran cease-fire and dovish commentary from Fed Chair Jerome Powell. The S&P 500 sits less than 1% below its record, while the Nasdaq 100 set a new intraday high on Tuesday.
Why it matters: Investor optimism suggests that geopolitical stabilization and a softening Fed stance are fueling market momentum—but any reversal in either could quickly shift the tide.