{"id":87298,"date":"2026-06-16T17:19:26","date_gmt":"2026-06-16T07:19:26","guid":{"rendered":"https:\/\/www.icmarkets.com\/blog\/?p=87298"},"modified":"2026-06-16T17:19:27","modified_gmt":"2026-06-16T07:19:27","slug":"tuesday-16th-june-2026-dow-hits-record-high-as-u-s-iran-deal-boosts-market-sentiment","status":"publish","type":"post","link":"https:\/\/www.icmarkets.com\/blog\/tuesday-16th-june-2026-dow-hits-record-high-as-u-s-iran-deal-boosts-market-sentiment\/","title":{"rendered":"Tuesday 16th June 2026: Dow Hits Record High as U.S.-Iran Deal Boosts Market Sentiment"},"content":{"rendered":"\n<h3><br \/>Global Markets:<\/h3>\n\n\n\n<ul>\n<li>&nbsp;Asian Stock Markets : Nikkei up 0.59%, Shanghai Composite up 0.06% Hang Seng down 1.25% ASX down 0.21%<\/li>\n\n\n\n<li>Commodities : Gold at $4,346.20 (-0.12%) Silver at $69.860 (-0.46%), Brent Oil at $82.91 (-0.31%), WTI Oil at $80.65 (-0.12%)<\/li>\n\n\n\n<li>Rates : US 10-year yield at 4.474, UK 10-year yield at 4.8133, Germany 10-year yield at 2.9514<\/li>\n<\/ul>\n\n\n\n<h3>News &amp; Data:<\/h3>\n\n\n\n<ul>\n<li>(CAD) Manufacturing Sales m\/m 4.2%&nbsp; to 4.4%&nbsp; expected<\/li>\n\n\n\n<li>(CAD) Wholesale Sales m\/m 0.6%&nbsp; to 0.2%&nbsp; expected<\/li>\n<\/ul>\n\n\n\n<h3>Markets Update:<\/h3>\n\n\n\n<p>U.S. stock futures were little changed early Tuesday after the Dow Jones Industrial Average closed at a record high during the previous session, supported by optimism surrounding a potential agreement between the United States and Iran.<\/p>\n\n\n\n<p>Futures linked to the S&amp;P 500 and Nasdaq 100 were essentially flat, while Dow futures slipped 46 points, or less than 0.1%. During Monday\u2019s regular trading session, the Dow gained 468.77 points, or 0.92%, reaching both a record close and an all-time intraday high. The S&amp;P 500 advanced 1.65%, and the Nasdaq Composite surged 3.07%.<\/p>\n\n\n\n<p>Asian markets showed mixed performance. Japan\u2019s Nikkei 225 touched a record intraday high, while the Topix edged down 0.20%. South Korea\u2019s Kospi rose 1.98%, although the smaller Kosdaq index fell 1.55%. Hong Kong\u2019s Hang Seng Index declined 1.25%, while China\u2019s CSI 300 posted a modest gain.<\/p>\n\n\n\n<p>Market sentiment improved after President Donald Trump announced that the U.S. and Iran had reached a deal to end the conflict in the Middle East. Pakistani Prime Minister Shehbaz Sharif said both sides had agreed to cease military operations, with a formal signing ceremony scheduled for Friday in Switzerland.<\/p>\n\n\n\n<p>The agreement is also expected to reopen the Strait of Hormuz on Friday, helping push oil prices down nearly 5% on Monday. Investors will monitor U.S. housing starts and trade price data later Tuesday.<\/p>\n\n\n\n<h3>Upcoming Events:<br \/><\/h3>\n\n\n\n<ul>\n<li>04:30 AM GMT &#8211; AUD Cash rate<\/li>\n\n\n\n<li>Tentative GMT &#8211; JPY Monetary Policy meeting<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: News &amp; Data: Markets Update: U.S. stock futures were [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":84958,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[196,215,339],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/87298"}],"collection":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/comments?post=87298"}],"version-history":[{"count":1,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/87298\/revisions"}],"predecessor-version":[{"id":87299,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/87298\/revisions\/87299"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/media\/84958"}],"wp:attachment":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/media?parent=87298"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/categories?post=87298"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/tags?post=87298"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}