BlackRock warns the Fed's easing window is closing due to inflation and high debt, maintaining caution. SPY/QQQ ETFs dipped, while Iran tensions escalated. FiscalNote shares dropped, but Olaplex surged following an acquisition announcement.
The S&P 500 shows resilience despite war-driven pressure and falling Fed rate cut expectations due to inflation risks. Oil prices fluctuated post-Trump's remarks, while Nvidia projected $1 trillion in chip orders by 2027, helping the S&P snap a four-day losing streak.
US stocks declined as geopolitical tensions rose (Israel-Iran). Retail sales fell 0.9% in May, and industrial production decreased by 0.2%. Energy stocks bucked the trend.
