Trump announced a deal with Iran in which Iran has agreed never to acquire a nuclear weapon, and the Strait of Hormuz is being reopened toll-free with full opening expected by Friday. Speaking at the G7 summit in France and in bilateral meetings with UAE and Qatar leaders, Trump repeatedly emphasized that oil prices are 'plummeting' and the stock market is 'shooting up like a rocket,' claiming the deal involves no US financial payments to Iran. Trump also said he will shift focus to Ukraine after the Iran deal, noting he had productive conversations with both Zelensky and Putin.
| Symbol | Direction | Reason | Price at Feed |
|---|---|---|---|
| USO | โผ DOWN | Trump explicitly stated oil prices are plummeting and the Strait of Hormuz is reopening, directly increasing global oil supply and pushing crude prices lower. | $114.17 |
| XLE | โผ DOWN | Strait of Hormuz reopening and rapidly falling oil prices ($70s/barrel per Trump) are bearish for energy sector equities. | $55.24 |
| SPY | โฒ UP | Trump highlighted record stock market highs, $19+ trillion in foreign investment, and geopolitical de-escalation with Iran, all supportive of broad equity gains. | $753.53 |
| GLD | โผ DOWN | Geopolitical risk reduction from the Iran deal and falling oil prices reduce safe-haven demand for gold. | $398.62 |
| SOXX | โฒ UP | Trump's strong statements about targeting 50%+ US chip market share via tariff incentives and AI leadership are bullish for semiconductor stocks. | $610.33 |