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Forex•8 June 2026•

2 min read

US Dollar Mixed and Stocks Split as Geopolitical Tensions Ease; Apple Shares Slide

Key Facts

1The US dollar finished the day mixed against major currencies as long-end Treasury yields rose.

2Iran's armed forces announced the end of military operations against Israel, while Netanyahu stated operations against Hezbollah are not over.

3Apple shares fell 1.88% as the rally following AI announcements at WWDC faded into the close.

Financial markets exhibited a cautious stance as investors weighed Middle East geopolitical developments against rising Treasury yields. The US dollar finished the day mixed against major currencies alongside a climb in long-end yields, while Iran's armed forces announced the conclusion of military operations against Israel. In the tech sector, Apple shares fell 1.88% as the initial rally fueled by AI announcements at the Worldwide Developers Conference (WWDC) faded into the close.

Within the broader sector, technology stocks faced mixed sentiment despite resilience in some peers, with Microsoft (MSFT) closing at $397.36 and Meta at $570.98 per market data. Historically, Apple shares often experience "sell the news" volatility following developer events; last year, the stock dipped post-Vision Pro reveal before recovering. Market data also showed divergence in semiconductors, as Nvidia (NVDA) closed at $200.42 while Intel (INTC) settled at $107.04 (close June 10, 2026).

Traders should watch Apple's support levels near $287.38, the low reached during the June 10, 2026 session, while Cisco (CSCO) remains at $118.8. Looking ahead, the economic calendar features US Initial Jobless Claims on June 4, followed by the high-impact Non Farm Payrolls report on June 5. These data points will be critical catalysts for the Fed's rate path and the subsequent direction of the US dollar.