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Weekly Financial Market Update - June 14, 2019

Christopher LaPorta

June 17, 2019


Equities across the world finished the trading week relatively flat as geopolitical risks and economic news drove price action. A slew of mergers and suspension of tariffs on Mexican goods helped U.S. equities early in the week, before trade policy once again took center stage and clawed back most of the gains on Wednesday. News of two oil tankers exploding near Iran drove oil prices and the energy sector stocks higher on Thursday. While all of this played out, the real issue lurking in the background has been what actions the Fed will take at its next meetings. 

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