Mid-Year Results June 30: Dow Jones Above 52,000 for the First Time on Tesla and Alphabet Rally, Asian Markets Soar, and Gold Drops to Lows

Global financial markets on June 30, 2026 are closing the first half of 2026 on a positive note. The main driver of growth was the reduction of geopolitical tensions in the Middle East following statements about the resumption of negotiations between the USA and Iran. The easing of risks around the Strait of Hormuz supported risk appetite and brought investors back into stocks, primarily in the technology sector.

USA: Historical Highs and Big Tech Rally

The American market continues to set historical highs due to strong demand for technology companies and the artificial intelligence sector. Key growth drivers: Tesla rose by 8.5%; Alphabet added over 4% after being included in the Dow Jones index; SpaceX continues its rally amid expectations of accelerated inclusion in the Nasdaq-100. The banking sector received support after successfully passing the Fed's stress tests.

The Fed maintains a cautious rhetoric. Despite no changes in the rate, the market continues to assess the likelihood of additional tightening of monetary policy in the second half of the year.

Europe: Moderate Gains and Strong Forecasts

European markets are trading with moderate gains, but pressure remains from weak industrial activity and tariff risks. The Euro Stoxx 50 index gained +0.6% and is less than 1% away from its historical high. The leaders of growth were ASML (+3.5%) and Infineon (+2.5%). Additional support for the market comes from the forecast of corporate profits for European companies growing by more than 16% by the end of 2026.

Asia: Leaders in Global Dynamics

Asian markets are showing one of the best dynamics among global platforms:

🇨🇳 China: Fresh statistics remain mixed: industrial production (+4.5% y/y), fixed asset investment (-4.1% y/y), real estate market (-3.5% y/y). The Chinese economy continues to face difficulties in the real estate sector and investment activity.

Commodity Markets: Pressure on Oil and Correction in Gold

Oil

The reduction of geopolitical risks is putting pressure on commodity assets. Brent is trading at $73.2 per barrel, while American WTI is around $70–71 per barrel. Despite a local recovery, the oil market ends June with a significant decline.

Natural Gas

European gas TTF is holding above €42/MWh, while American Henry Hub is trading around $3.17 per million BTU.

Gold: Safe-haven assets continue to correct. Spot gold has fallen below $3,950 per ounce — the lowest levels since autumn 2025. The metal is pressured by a strong dollar and expectations of tighter Fed policy.

Currency and Bond Markets: Dollar at a High, Yields Stable

Dollar Index (DXY): The American currency remains near multi-month highs due to the resilient US economy and the Fed's hawkish rhetoric. Japanese Yen: The USD/JPY pair has risen to multi-year highs. The market continues to watch for possible currency interventions from the Japanese Ministry of Finance.

📊 Bond Market: Investors remain cautious ahead of the release of key US labor market statistics. The yield on 10-year US Treasury bonds is holding around 4.37%. The Nonfarm Payrolls report at the end of the week could be a major volatility factor for all global markets.

Cryptocurrencies: Profit Taking and MiCA Regulation

After a powerful recovery, the digital asset market has shifted to profit-taking. Current levels of major assets: Bitcoin (BTC): around $59,500, Ethereum (ETH): around $1,585. Additional attention from investors is drawn to the entry into force of the European MiCA regulation on July 1.

The corporate leader of the day was MicroStrategy, whose shares rose by more than 12% after changes in its Bitcoin reserve management strategy.

⚠️ Key Market Risks:

• 📌 Possible tightening of Fed policy in the second half of the year.
• 📌 Slowdown of the Chinese economy and weakness in the real estate market.
• 📌 Trade disputes between the USA and Europe.
• 📌 Volatility in commodity markets after a sharp drop in oil prices.
• 📌 Upcoming data on the US labor market.

⚡ Mid-Year Summary: On June 30, global markets are closing the first half of the year with confident growth. The technology sector remains the leader, supported by investments in artificial intelligence and an improving geopolitical backdrop. At the same time, investors continue to closely monitor the Fed's policy, the state of the Chinese economy, and the situation in commodity markets, which could determine the direction of asset movement in the second half of 2026.