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tz-plus logo US Markets Captivated by Geopolitics and Sector Rotations – Geopolitical Thaw at the Persian Gulf Drives Oil Prices Down – Crypto Shakeout Takes Bitcoin and Trading Platforms Down – Amazon Scales Robotaxi Fleet and Celebrates Prime Day Records – Micron Crushes Expectations and Becomes Margin King – Qualcomm Launches Aggressive Data Center Offensive with Billion-Dollar Goals – Broadcom and OpenAI Unveil New AI Chip Jalapeño – Microsoft Dismantles Global Cybercrime Network with AI Assistance – SK Hynix Plans Giant Nasdaq Debut

A. Wimbauer
Reading Time: 7 minutes

After the latest trading day on Wednesday, June 24, 2026, the US markets presented themselves in a tension field of geopolitical easing and massive sector rotations. The Dow Jones gained 0.36% and closed at 51,850.87 points, while the S&P 500 declined by 0.10% to 7,358.40 points. The tech-heavy Nasdaq Composite changed by -0.43% to 25,476.64 points. Macroeconomically, relief dominated the energy markets. Following an agreement between the US and Iran, millions of barrels of oil left the Strait of Hormuz, drastically reducing the geopolitical...

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