Friday 20/June/2025 – 06:42 PM
Indicators opened Main stocks At Wall Street, on Friday, June 20, 2025, at a height, supported by a rise in global markets, in the wake of US President Donald Trump’s decision to postpone the resolution of Washington on interference in the escalating conflict between Israel and Iran.
The Dow Jones Industrial Index at the opening rose by 119.4 points or 0.28% to 42,291.09 points, while the Standard & Poor’s 500 index increased by 0.31% or 18.8 points, recording 5,999.67 points.
The NASDAC complex, which is predominantly technological, also jumped by 93.1 points or 0.48% to 19,639.41 points.
This improvement in the performance of the American markets came despite the escalation of geopolitical tensions, as the American wait contributed to temporarily calming fears, which strengthened the appetite for risks among investors and raising morale in global markets.
Last Wednesday, the Federal Reserve kept the interest rates unchanged for the fourth consecutive meeting, in a range ranging between 4.25% and 4.50%, but at the same time raising his expectations for interest during the next two years, pointing to reducing the number of expected discounts, as seven out of 19 officials of the US Central Bank expect no reduction in interest during the year 2025.
In statements after the meeting, the Speaker Jerome Powell stressed that the American economy is still strong and flexible, pointing out that inflation rates began to approach the desired goals, at a time when the labor market continues its strong performance, with the continued low unemployment rates.
