How major US stock indexes fared Monday, 6/16/2025
Calm returned to Wall Street, and U.S. stocks rallied, while oil prices gave back some of their initial spurts following Israel's attack on Iranian nuclear and military targets at the end of last week.
The S&P 500 climbed 0.9% Monday to recover most of its drop from Friday. The Dow Jones Industrial Average added 0.8%, and the Nasdaq composite rose 1.5%.
They joined a worldwide rise for stock prices. The price for a barrel of benchmark U.S. oil fell by 1.7%, while the price of gold eased. Treasury yields rose ahead of a meeting by the Federal Reserve this week.
On Monday:
The S&P 500 rose 56.14 points, or 0.9%, to 6,033.11.
The Dow Jones Industrial Average rose 317.30 points, or 0.8%, to 42,515.09.
The Nasdaq composite rose 294.39 points, or 1.5%, to 19,701.21.
The Russell 2000 index of smaller companies rose 23.62 points, or 1.1%, to 2,124.13.
For the year:
The S&P 500 is up 151.48 points, or 2.6%.
The Dow is down 29.13 points, or 0.1%.
The Nasdaq is up 390.42 points, or 2%.
The Russell 2000 is down 106.03 points, or 4.8%.
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Innovative technological leader to oversee all technical, operational, customer support and business development initiatives KUALA LUMPUR, Malaysia, June 16, 2025 (GLOBE NEWSWIRE) -- Graphjet Technology ('Graphjet' or 'the Company') (Nasdaq:GTI), a leading developer of patented technologies to produce graphite and graphene directly from agricultural waste, today announced that the Company received a letter from the Listing Qualifications Department of The Nasdaq Stock Market ('Nasdaq') on June 12, 2025 that notified the Company that Nasdaq's previously disclosed determination to suspend the trading of the Company's Class A Ordinary Shares (the 'Common Stock') has been stayed, pending a final written decision by the Nasdaq Hearing Panel (the 'Panel'). The hearing (the 'Hearing') before the Panel will be held on July 17, 2025, meaning that the Company's ordinary shares will continue to trade on Nasdaq at least until the date of the Hearing. 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You should carefully consider the foregoing factors and the other risks and uncertainties that will be described in the 'Risk Factors' section of the documents to be filed by Graphjet from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward- looking statements, and while Graphjet may elect to update these forward-looking statements at some point in the future, they assume no obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise, unless required by applicable law. Graphjet does not give any assurance that Graphjet will achieve its expectations. Graphjet Technology Contacts InvestorsGraphjetIR@ MediaGraphjetPR@
