US equities ended the week on a positive note, with the S&P 500 and Nasdaq extending weekly gains. SK Hynix’s blockbuster US ADR debut highlighted continued investor appetite for AI-related semiconductor names. Attention now shifts to June CPI and earnings from five major banks on Tuesday, which could shape expectations for interest rates, consumer demand, and the health of the financial sector, potentially setting the market’s direction for the week.

Longbridge - Captain's Watch
Captain's Watch

☕️ [Task Coins Giveaway] Daily Market Talk — Iran Shuts Hormuz as a Huge Week Begins

Big week, loud open. Iran declared the Strait of Hormuz closed "until further notice," sending oil up and gold down to start the week. Meanwhile US CPI and the big banks both report Tuesday, and SK Hy...

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