#USMarketUpdate
Wall Street ends higher as US, Iran attacks ease; major tech-related shares jump | Reuters

SUMMARY
Comcast shares gain after spinoff announcement
SpaceX shares rise on Nasdaq 100 inclusion
RBC raises 12-month target on S&P 500
Dow up 0.6%; S&P 500 up 1.2%; Nasdaq up 2.1%

June 29 (Reuters) - U.S. stocks ​ended sharply higher on Monday, with the Dow hitting a record closing high, as weekend hostilities between ‌the United States and Iran eased and as major technology-related shares rose following recent selling.

Iranian and U.S. negotiating teams were due in Doha this week, but Iran said no meeting had been scheduled as weekend missile fire from both sides tested the interim ceasefire to end the four-month-old war...

Most S&P 500 companies are set to begin reporting second-quarter results after mid-July.

Communications services (.SPLRCL), opens new tab led gains among S&P 500 sectors. Shares of Comcast (CMCSA.O), opens new tab rose 4.5% after the media and cable provider said it plans to separate into two independent, publicly traded companies through ​a tax-free spinoff of NBCUniversal and Sky.

SpaceX (SPCX.O), opens new tab jumped 7.2% after Nasdaq said the newly listed company will be added to the Nasdaq ​100 index on July 7. Google parent Alphabet (GOOGL.O), opens new tab closed up 4.8% as it kicked off its first day as a Dow component...

Quarter-end "window dressing," where investors buy certain stocks to make their portfolios look better, may also have helped the market, Cardillo said.

Concerns about AI spending had hit shares of artificial intelligence-related companies recently, including semiconductors and ​many of the Magnificent Seven group ​of megacap stocks. On ⁠Monday, the information technology index (.SPLRCT), opens new tab gained 1.7%...

Investors are ​also eager to see the next monthly U.S. jobs report, due on Thursday.

Advancing issues outnumbered ​decliners by a ⁠1.54-to-1 ratio on the New York Stock Exchange. There were 272 new highs and 114 new lows on the NYSE. On the Nasdaq, 3,017 stocks rose and 1,919 fell as advancing issues outnumbered decliners by a 1.57-to-1 ratio.

The S&P 500 posted no new 52-week highs ⁠and no ​new lows while the Nasdaq Composite recorded no new highs and no ​new lows.

Volume on U.S. exchanges was 20.15 billion shares, compared with the 23.50 billion average for the full session over the last 20 trading days


https://www.reuters.com/business/nasdaq-futures-lead-wall-st-higher-middle-east-tensions-ease-2026-06-29/

Wall Street ends higher as US, Iran attacks ease; major tech-related shares jump
https://www.straitstimes.com/business/companies-markets/us-stocks-end-higher-as-us-iran-attacks-ease-major-tech-related-shares-jump

While You Were Sleeping: 5 stories you might have missed, June 30, 2026
https://www.straitstimes.com/world/while-you-were-sleeping-5-stories-you-might-have-missed-june-30-2026

Yen hits 40-year low in historic slide rattling Japan
https://www.straitstimes.com/business/companies-markets/yen-hits-40-year-low-in-historic-slide-rattling-japan

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#Earnings by Earnings Whisper
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#HKMarketUpdate by Reuters and Trading Economics

What this summer's heat is revealing about data centers

This summer has already produced three answers to questions the data center industry would have preferred to leave theoretical.

https://finance.yahoo.com/technology/articles/summer-heat-live-stress-test-175137905.html

Japan’s yen has hit a 40-year low. Here’s what you need to know

As at 12.49 pm on Tuesday, the US dollar was trading at 162.1885 yen. Against the Singapore dollar, the yen also continued its long decline, weakening to 125.3054 per Singdollar

Why is the yen falling?
The yen has been falling more dramatically since 2022 amid inflation fears and low interest rates by the Bank of Japan (BOJ).

This year, the currency’s downtrend has been exacerbated by the war in Iran, which drove oil prices and inflation sharply higher, hitting energy importers such as Japan hardest...

The latest drop occurred despite BOJ raising its policy rate to 1 per cent – the highest level in three decades – on Jun 16 to arrest the currency’s fall.

Some analysts argue that the move was too “passive” to stem the yen’s slide, as the rate increase did little to narrow the interest rate gap with the US...

https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/japans-yen-has-hit-40-year-low-heres-what-you-need-know

Japan’s Nikkei clocks best quarter on record on tech rebound
https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/japans-nikkei-clocks-best-quarter-record-tech-rebound

#HKMarketUpdate
<Full-day Takeaway>HSI Closes at 22,881, Down 145 pts; HSTI Closes at 4,472, Up 79 pts; NONGFU SPRING Down over 8%; ASMPT, HUA HONG GRACE Hit New Highs; Market Turnover Rises
2026/06/30 16:12 GMT+08

https://www.aastocks.com/en/stocks/news/aafn-con/NOW.1531298/top-news/AAFN

Growing oil glut spurs Asian refiners to offer cargoes to the US

Oil output from Persian Gulf nations is ramping up so quickly as the Strait of Hormuz reopens that Asian refiners, already adequately supplied, are pushing some crude to destinations as far afield as California.

While Asia is typically the biggest taker of Middle Eastern crudes, refiners have been inundated as the interim US-Iran peace deal allows the United Arab Emirates, Kuwait, Qatar and others to restore production, while top importer China has remained on the sidelines. As a result, some processors are now offering cargoes west, according to traders familiar with the matter.

UAE grades are being marketed to places as distant as the US West Coast, said the traders, asking not to be named as they are not authorised to speak to the media. That part of the US hasn’t imported crude from the gulf state since late last year, according to Kpler. Elsewhere, similar grades are being offered in Hawaii, they said, potentially the first Middle Eastern oil to head there since 2018 if a deal goes through...

https://www.businesstimes.com.sg/companies-markets/energy-commodities/growing-oil-glut-spurs-asian-refiners-offer-cargoes-us

#HKMarketUpdate
<H Shrs> HSI Closes Down 145 Pts, Slips Below 23,000 Mark; 1H25 Cumulative Decline Expands 10.7%
2026/06/30 16:26 GMT+08

Hong Kong stocks concluded the first half of the year today (30 Jun). The HSI opened down 18 pts and remained under pressure, once falling 341 pts to a trough of 22,685. The index closed at 22,881, down 145 pts or 0.63%, with full-day turnover at HKD308.05 billion. The HSCEI closed at 7,558, down 47 pts or 0.62%. The HSTECH advanced, closing at 4,472, up 79 pts or 1.8%.

For 1H25, the HSI accumulated a decline of 2,749.52 pts or 10.73%. The HSCEI fell 1,355.38 pts or 15.21% cumulatively. The HSTECH dropped 1,043.75 pts or 18.92% during the period.

https://www.aastocks.com/en/stocks/news/aafn-con/NOW.1531316/top-news/AAFN

Europe’s Stoxx 600 on track for biggest quarterly gain in over five years on AI boost
https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/europes-stoxx-600-track-biggest-quarterly-gain-over-five-years-ai-boost

About 1 in 7 Singapore families has income of at least S$30k a month; share almost doubled in 5 years
https://www.businesstimes.com.sg/singapore/about-1-7-singapore-families-has-income-least-s30k-month-share-almost-doubled-5-years

#SgMarketUpdate
Singapore stocks trend lower amid mixed regional showing; STI down 0.7%

Singapore stocks ended lower on Tuesday (Jun 30) amid a mixed showing from wider Asian markets.

The benchmark Straits Times Index (STI) lost about 0.7 per cent or 38.1 points to finish at 5,170.65. Across the broader market, gainers trailed losers 252 to 290, after 1.3 billion securities worth S$1.9 billion changed hands.

Seatrium : 5E2 +1.03% led the gainers on Singapore’s blue-chip index, rising 1 per cent or S$0.02 to end at S$1.97.

The worst performer among STI constituents was CapitaLand Ascendas Reit : A17U -1.97%, falling 2 per cent or S$0.05 to close at S$2.49.

The local banks all ended lower. DBS : D05 -0.95% lost 1 per cent or S$0.63 to S$65.40, OCBC : O39 -0.36% fell 0.4 per cent or S$0.09 to S$24.79, and UOB : U11 -0.35% was down 0.4 per cent or S$0.14 at S$39.76...

Key regional indices were mixed. Hong Kong’s Hang Seng Index lost 0.6 per cent, Japan’s Nikkei 225 index rose 0.9 per cent, South Korea’s Kospi was up 1 per cent and the FTSE Bursa Malaysia KLCI declined 0.1 per cent...

https://www.businesstimes.com.sg/companies-markets/singapore-stocks-trend-lower-amid-mixed-regional-showing-sti-down-0-7

Stocks making the biggest moves premarket: AeroVironment, Strategy, Merck & more

https://www.cnbc.com/2026/06/30/stocks-making-the-biggest-moves-premarket-avav-mstr-mrk.html?__source=androidappshare

SCOTUS decisions, the Dow at 52,000 and more: Morning Squawk

https://www.cnbc.com/2026/06/30/scotus-decisions-dow-52000-morning-squawk.html?__source=androidappshare

Techs go on a tear in the first half — no thanks to the 'Mag 7'
https://finance.yahoo.com/markets/article/tech-stocks-on-pace-for-best-6-months-since-2023--even-with-much-of-the-magnificent-7-in-the-penalty-box-chart-of-the-day-100000120.html

Central banks plan to shrink dollar holdings amid US-linked risks
https://finance.yahoo.com/economy/policy/articles/first-time-more-central-banks-050116391.html

Nvidia stock is sagging. Here's what's behind the negative short-term trend.
https://finance.yahoo.com/markets/stocks/article/nvidia-stock-is-sagging-heres-whats-behind-the-negative-short-term-trend-120447121.html

Tech stocks on pace for best 6 months since 2023 — even with much of the 'Magnificent 7' in the 'penalty box': Chart of the Day
https://finance.yahoo.com/markets/article/tech-stocks-on-pace-for-best-6-months-since-2023--even-with-much-of-the-magnificent-7-in-the-penalty-box-chart-of-the-day-100000120.html