Listen "Israeli attack pushed oil higher—June 16, 2025"
Episode Synopsis
Stocks gained for much of the week before a risk-off mood took hold on Friday following Israel’s sweeping attack on Iran. Energy, autos, and real estate equities led the market as oil prices surged and interest rates dropped. Tesla rebounded 10.22% as the spat between CEO Elon Must and President Trump seemed to cool, sending the Magnificent 7 up 0.63%. Forward earnings expectations for the S&P 500 appear to have stabilized as a weaker dollar should mechanically boost foreign profits. The forward P/E ratio hit 22x for the first time since February.A weekly recap of equities, fixed income, commodities, and macroeconomic analysis from the FS Investments research team. To read the full market minute or to sign up for the weekly email, with charts and data, go to https://fsinvestments.com/marketminute