The rally on the US stock market continues, with investors eagerly awaiting the release of SpaceX data.
Optimism on stock markets is fueled by corporate earnings reports and statements, particularly regarding negotiations between the United States and Iran and the potential opening of the Strait of Hormuz, which would lead to falling oil prices. The Asian market is mixed, while the European and Hungarian stock markets have risen. The following corporate reports are of particular interest on the domestic market, with OTP’s report coming out tomorrow. Alteo closed the day as the biggest winner, while Mol also reached a new high, and the BUX index closed at a record high. The US market is also experiencing a rally, particularly due to expectations regarding SpaceX’s second-quarter results.
Corporate reports, along with statements related to alleged US-Iran negotiations and the opening of the Strait of Hormuz, are contributing to market optimism, which is also reflected in falling oil prices. In Asia, the market was mixed this morning, while European exchanges saw gains. The Hungarian stock market is focused on corporate reports, with the four major Hungarian companies publishing their second-quarter results this week, with OTP’s report to be released tomorrow morning. Alteo was the winner on the BÉT after releasing its quarterly report yesterday, but Mol also had a strong day, reaching a new historical high. The BUX index also closed at an all-time high. Investors are eagerly awaiting the second-quarter results of SpaceX.
