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Japan’s Nippon Steel Is Set to Complete Purchase of U.S. Steel. (WSJ. 20250616)
US stocks surged to session highs and oil prices dropped after The Wall Street Journal reported that Iran is urgently signaling that it wants to end hostilities with Israel. The Dow Jones Industrial Average gained 317 points to close at 42,515, the S&P 500 was up 56 points and the Nasdaq advanced 294 points. President Trump joined the leaders of G7 countries, plus others at a summit in Canada. Nations including Japan, Canada, and Mexico hope face time with Trump will help them persuade the president to lower at least some of his tariffs. Among individual companies, Japan's Nippon Steel is set to complete its purchase of United States Steel after reaching a national security agreement with The White House. Shares of the US company closed up 5.1%. Creditors have approved a debt deal allowing Warner Bros. Discovery to move forward with the plan to separate its HBO Max streaming service, movie studio and TV production business from its cable networks. Shares rose 7.3%. Activist investor, Barrington Capital Group, has built a stake in Victoria's Secret with plans to push it to refresh its board and refocus on its core bra business. This adds to recent pressure that the lingerie company is facing after a recent website security issue. Shares ended the day up 2.4%, and Reddit unveiled AI-driven advertising tools to help brands track its users' conversations causing shares to jump 6.8%.
이란이 이스라엘과 긴장 완화를 원한다는 보도 이후 미 증시는 상승하고 유가는 하락함. 미 대통령이 캐나다에서 열린 G7 회의에 참석함. 회의 참여국은 관세 인하 논의를 위해 미 대통령과 회담을 원함. 일본의 Nippon Steel이 미 행정부와 국가 안보 협정을 체결한 후 United States Steel 인수를 마무리할 예정임. 한편, 채권단이 미디어 기업 Warner Bros. Discovery의 HBO Max 스트리밍 서비스 사업을 분할하기 위한 채무 계약을 승인함. 한편, 행동주의 투자자 Barrington Capital Group는 Victoria's Secret 지분을 매수함. 이사회를 개편하고 다시 브래지어 사업에 집중하고자 함. Victoria's Secret은 최근 웹사이트 보안 문제를 겪었음. 한편, 커뮤니티 기업 Reddit은 유저 대화 추적을 지원하는 AI 기반 광고 툴을 발표했으며 이후 주가가 상승함.