Oil +3% on Iran Fears & Cook Exits Apple | Daily Market Recap

Your 3-minute daily market update - simplified for busy investors.

Today: S&P 500 fell -0.63% to 7,064 as Iran ceasefire talks stalled and VP Vance cancelled his Pakistan trip, WTI crude surged +3% to $92.13, Apple slid -2.5% on Tim Cook's surprise September exit (succeeded by John Ternus), Amazon deepened its Anthropic partnership with a $5B+ commitment lifting ALAB +9%, Navitas Semi spiked +16% on a bullish GaN datacenter thesis, AMD rallied +3.5% on CPU tailwinds, Adobe jumped +4% after-hours on a $25B buyback, and US retail sales beat at +1.7% vs 1.4% expected.

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