Market statistics are displayed on a screen at the New York Stock Exchange at the opening bell on June 13, 2025. Angela Weiss/AFP via Getty Images
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News Analysis
The broad rally in U.S. stocks, driven by easing trade tensions between the United States and China and the calming of inflation fears, continued for most of this week, but ended abruptly toward the end because of rising geopolitical uncertainty in the Middle East.
Panos Mourdoukoutas
Author
Panos Mourdoukoutas is a professor of economics at Long Island University in New York City. He also teaches security analysis at Columbia University. He’s been published in professional journals and magazines, including Forbes, Investopedia, Barron’s, IBT, and Journal of Financial Research. He’s also the author of many books, including “Business Strategy in a Semiglobal Economy” and “China’s Challenge.”
