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Back to stories
3 sourcesJun 24, 2025

Global Stocks Rise, Oil Falls on Israel-Iran Truce: Markets Wrap

Bloomberg - Oil slumped and stocks gained as US President Donald Trump said Tuesday a ceasefire has been implemented between Israel and Iran, spurring optimism there will be a lasting pause in the conflict. Brent crude slid almost 5% in early Asian trading, briefly dropping below the level of June 12, the day before Israel attacked...

Ada Derana Biz•Jun 24, 2025
By Biz Editor
Read full article

Summary

The MSCI Asia Pacific Index of shares jumped about 2%. S&P 500 futures rose 0.8% as of 7:24 a.m. Brent crude fell 4% to $68.63 a barrel Spot gold fell 1.3% to $3,324.57 an ounce

Summarised from Ada Derana Biz

What this story is about

People
  • Donald Trump5
  • Michelle Bowman3
  • Jerome Powell3
  • Tony Sycamore2
  • Benjamin Netanyahu
  • Christopher Waller
  • Priyanka Sachdeva
  • Prashant Newnaha
Organisations
  • House Financial Services Committee2
  • Federal Reserve2
  • Senate Banking Committee.Treasuries
  • Invesco Asset Management
  • InTouch Capital Markets
  • Phillip Nova."Moving
  • TD Securities."Our
  • IG Australia
Places
  • United States5
  • Israel5
  • Iran5
  • Strait of Hormuz2
  • Middle East2
  • West Texas2
  • Tehran2
  • Pepperstone.Ten-year
Keywords
  • ceasefire4
  • oil4
  • announces3
  • week2
  • denting
  • futures
  • global
  • prices
  • shares
  • slumps

Names and places drawn from every article in this story. The number shows how many of them mentioned it.

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Also reported by

3 newsrooms have reported this story

  • Israel-Iran ceasefire : Oil prices tumble to over one-week lowsNewsWire English·Jun 24, 2025
  • Gold at near 2-week low after Trump announces Israel-Iran ceasefireAda Derana·Jun 24, 2025
  • Shares rally, oil slumps as Trump announces Iran-Israel ceasefireAda Derana Biz·Jun 24, 2025
  • US crude oil futures fall over $3 as Trump announces Israel-Iran ceasefireAda Derana·Jun 24, 2025
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