United States
US equities posted broad gains through the week ending 12 June, with the S&P 500 (^GSPC) closing at $7,563.06, up 2.39% from the prior week. The Nasdaq (^IXIC) outpaced the benchmark, rising 3.77% to $26,646.06, while the Russell 2000 (^RUT) climbed 3.53% to $2,968.30. The Dow Jones (^DJI) advanced 1.87% to $51,823.75. Trading ranged from intraweek lows on Monday—S&P 500 at $7,237.85, Nasdaq at $24,980.38—to closes near session highs by Friday.
Semiconductor stocks led the advance. AMD (AMD) surged 14.73% to $545.53, the week's strongest performer among major equities tracked. STMicroelectronics (STMMI.MI) posted a parallel gain, rising 11.37% to €68.46 on the Milan exchange, reflecting investor appetite for the chip sector. Cryptocurrency-related equities also rose: Coinbase (COIN) gained 9.77% to $170.68.
Financials and consumer discretionary supported breadth. Goldman Sachs (GS) climbed 4.73% to $1,080.80, and UniCredit (UCG.MI) in Milan advanced 4.12% to €74.57. Tesla (TSLA) edged up 3.46% to $410.42. Energy retreated: ExxonMobil (XOM) fell 4.94% to $141.55, pressuring the sector on the week.
Italy
The FTSE MIB (FTSEMIB.MI) closed at €51,835.95, gaining 3.13% for the week and tracking US strength. Intraweek volatility ranged from €49,797.00 to €52,342.12. Semiconductor and banking stocks drove the index higher, with STMicroelectronics' 11.37% rally and Intesa Sanpaolo (ISP.MI) climbing 4.23% to €5.89 providing upside momentum.
Energy lagged locally. Eni (ENI.MI) declined 4.30% to €22.13, matching the headwinds seen in global oil equities.
Week ahead
US economic data and earnings reports remain the focal point for markets. Macro releases are expected mid-week; select earnings continue from major sectors.