Top Stock Movers – June 16, 2025
Markets rallied Monday as investors grew more confident that the conflict between Israel and Iran may not escalate further. The Dow, S&P 500, and Nasdaq all climbed roughly 1% by midday, buoyed by easing oil prices and a tech sector rally led by AMD.
Oil futures slumped on the de-escalation hopes, triggering a sharp rebound in travel stocks. United Airlines (UAL) and Carnival (CCL) both soared, reflecting optimism that fuel costs won’t spike in the near term.
Semiconductor giant Advanced Micro Devices (AMD) stole the spotlight as the top performer in the S&P 500, after Piper Sandler raised its price target, citing strong demand for AMD’s new Helios server chips. The upgrade unleashed investor enthusiasm across the chip sector.
Elsewhere, EchoStar (SATS) shares surged on reports that former President Donald Trump stepped in to help resolve regulatory issues that threatened the company’s valuable satellite spectrum.
MGM Resorts (MGM) also saw gains, thanks to BetMGM raising its full-year guidance. That momentum spilled over to rivals Las Vegas Sands (LVS) and Wynn Resorts (WYNN), pushing their stocks higher.
On the flip side, falling oil prices weighed on energy producers. Shares of APA (APA) and Diamondback Energy (FANG) dropped. Defense contractors like Lockheed Martin (LMT) and Northrop Grumman (NOC) also declined, as the possibility of broader military engagement waned.
Meanwhile, Sarepta Therapeutics (SRPT) plunged following tragic news that a second patient on its Elevidys gene therapy for Duchenne muscular dystrophy had died from acute liver failure.
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