Powell in the Line of Fire – NATO Increases Defense Spending – Nvidia is Riding the AI Wave – FedEx Weakness Sends Warning Signal – Hims & Hers Resists Novo Nordisk – Micron With Strong Quarter – Potential Mega Acquisition in the Energy Sector

On Wednesday, June 25, the leading US indices closed as follows. The Dow   Jones dropped by around 0.2 % to about 42,982 points , the S&P   500 remained almost unchanged  just below its all-time high of 6,092 points, and the Nasdaq Composite increased moderately by 0.3%   to around 19,973. The ceasefire between Israel and Iran provided stability to oil prices – Brent and US crude prices fell significantly , which boosted cyclical stocks like airlines . As tensions eased, investors eagerly turned to tech stocks – tech shares...