{"id":1253,"date":"2025-06-20T16:42:53","date_gmt":"2025-06-20T16:42:53","guid":{"rendered":"https:\/\/retrotradingreport.com\/index.php\/2025\/06\/20\/us-stocks-climb-higher-at-open-dow-jones-jumps-150-pts-nasdaq-up-0-6\/"},"modified":"2025-06-20T16:42:53","modified_gmt":"2025-06-20T16:42:53","slug":"us-stocks-climb-higher-at-open-dow-jones-jumps-150-pts-nasdaq-up-0-6","status":"publish","type":"post","link":"https:\/\/retrotradingreport.com\/index.php\/2025\/06\/20\/us-stocks-climb-higher-at-open-dow-jones-jumps-150-pts-nasdaq-up-0-6\/","title":{"rendered":"US stocks climb higher at open: Dow jones jumps 150 pts, Nasdaq up 0.6%"},"content":{"rendered":"
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US equity markets advanced on Friday after Federal Reserve Governor Christopher Waller said inflation was low enough to justify a potential rate cut as soon as next month, offering a more dovish outlook than Fed Chair Jerome Powell had earlier in the week.<\/p>\n

The Dow Jones Industrial Average rose by 150 points, or 0.4%, while the S&P 500 climbed 0.5%. The Nasdaq Composite led gains with a 0.6% rise. <\/p>\n

The move higher came as traders responded positively to Waller\u2019s comments and as oil prices retreated, easing concerns over escalating tensions in the Middle East.<\/p>\n

Despite the geopolitical backdrop, all three major indices are set to end the week with gains. <\/p>\n

The S&P 500 is up 0.6% so far this week. The Dow has risen 0.4%, and the Nasdaq has posted a stronger 1.5% gain, supported by strength in technology shares and easing inflation concerns.<\/p>\n

Waller gives hope for July rate cut<\/h2>\n

Appearing on CNBC\u2019s Squawk Box, Waller said the Federal Reserve may be in a position to begin cutting rates as early as July, citing what he described as a sufficient cooling in inflationary pressures.<\/p>\n

\u201cI think we\u2019re in the position that we could do this and as early as July,\u201d Waller said. \u201cThat would be my view, whether the committee would go along with it or not.\u201d<\/p>\n

His remarks contrasted with those made by Chair Powell on Wednesday, who said the Fed was in \u201cno hurry\u201d to reduce rates and would remain dependent on incoming economic data, especially given uncertainty around the economic impact of President Donald Trump\u2019s newly imposed tariffs.<\/p>\n

Stocks had closed slightly lower following Powell\u2019s comments, as markets interpreted the Fed\u2019s stance as cautious in the face of economic and geopolitical crosscurrents.<\/p>\n

Iran-Israel tensions simmer<\/h2>\n

Adding to Friday\u2019s positive sentiment was a pullback in oil prices. Brent crude, the international benchmark, dropped more than 3%, while US. crude futures fell 0.2%. <\/p>\n

The declines followed comments from Trump that he would delay a decision on whether the US would launch a military strike on Iran.<\/p>\n

\u201cThere\u2019s a substantial chance for negotiations,\u201d Trump said Thursday, signaling he would decide on a response to Iran \u201cwithin the next two weeks.\u201d<\/p>\n

The easing in oil prices comes as traders weigh the implications of possible US military involvement in response to recent hostilities. <\/p>\n

According to reports, Israeli Prime Minister Benjamin Netanyahu has directed the country\u2019s military to prepare strikes on \u201cstrategic\u201d and \u201cgovernment\u201d targets in Iran. <\/p>\n

The White House has said Trump is weighing direct involvement in a strike on Tehran.<\/p>\n

Iran\u2019s Supreme Leader Ayatollah Ali Khamenei dismissed Trump\u2019s prior call for \u201ccomplete surrender,\u201d calling it \u201cthreatening and ridiculous.\u201d<\/p>\n

The post US stocks climb higher at open: Dow jones jumps 150 pts, Nasdaq up 0.6%<\/a> appeared first on Invezz<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

US equity markets advanced on Friday after Federal Reserve Governor Christopher Waller said inflation was low enough to justify a potential rate cut as soon as next month, offering a more dovish outlook than Fed Chair Jerome Powell had earlier in the week.The Dow Jones Industrial Average rose by 150 points, or 0.4%, while the…<\/p>\n","protected":false},"author":1,"featured_media":1254,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-1253","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing"],"_links":{"self":[{"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/posts\/1253","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/comments?post=1253"}],"version-history":[{"count":0,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/posts\/1253\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/media\/1254"}],"wp:attachment":[{"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/media?parent=1253"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/categories?post=1253"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/tags?post=1253"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}