
Markets enter the final week of June facing a complex landscape of geopolitical uncertainties, critical economic data, and a potential technological milestone. Following benchmark Brent crude oil prices jumping 7% to over $74 a barrel after Israel launched unprecedented airstrikes on Iran, investors continue to assess the ongoing Middle East conflict's impact on energy markets and broader economic conditions. Meanwhile, Tesla's long-awaited robotaxi service launch tentatively scheduled for June 22 faces regulatory challenges as Texas lawmakers push for the launch to be delayed until September when updated autonomous vehicle laws take effect. The S&P 500 ($SPX) (SPY) confronts a data-heavy week featuring Fed Chair Powell's dual speaking engagements, critical inflation readings, and earnings from major industrial bellwethers.
Here are 5 things to watch this week in the Market.