Jun 15, 2025 · QQQ/SPY Market Review · 10 headlines
With U.S. markets closed, oil futures jumped as the Israel-Iran conflict reached energy facilities and the possibility of U.S. involvement grew. Netanyahu said Israel would stop its actions if Iran abandoned its nuclear program. Taiwan added Huawei and SMIC to its export-control list, while Amazon outlined a US$13 billion Australian data-center investment. China's May industrial production grew 5.8%, slightly below expectations, and unemployment eased to 5.0%.
Published
Crude-oil futures opened up 6% and Brent rose about 5% as the Israel-Iran conflict reached energy facilities and U.S. involvement remained possible. Netanyahu later said Israel would stop its actions if Iran abandoned its nuclear program.
Taiwan added Huawei and SMIC to its export-control list, tightening restrictions around advanced semiconductor technology.
Amazon plans to invest 20 billion Australian dollars, about US$12.97 billion, in Australian data centers over four years to support AI and cloud demand.
China's May industrial production grew 5.8% from a year earlier versus 5.9% expected and 6.1% prior. The unemployment rate was 5.0% versus 5.1% expected and prior.
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