EL7.AI
ForexMedium•18 June 2026•
2 min read

Trump Optimism Boosts Tech Stocks as Oil Prices Retreat Below Key Average

Key Facts

1President Trump stated that Iran is not a threat and markets are roaring while prices are dropping.
2Crude oil prices dropped by $2.88 to $73.15, dipping below the 200-day moving average.
3Intel stock rose 6.64% following Trump's posts regarding a deal involving Apple and the US Government.

In a move reflecting heightened economic optimism, President Trump stated that Iran no longer poses a threat, highlighting that markets are "roaring" while consumer prices drop. This sentiment directly impacted the tech sector, where Intel stock surged 6.64% following presidential posts regarding a strategic deal involving Apple and the US Government. Conversely, energy markets faced headwinds as crude oil prices dropped by $2.88 to reach $73.15, notably breaking below the critical 200-day moving average.

This market reaction comes as mega-cap peers show mixed performance, with Microsoft (MSFT) trading at $376.00 and Meta at $572.30 per market data on June 18, 2026. The rally in Intel highlights a sensitive dependency on geopolitical narratives and industrial policy, especially as the semiconductor industry seeks clarity on government contracts. Furthermore, the decline in oil prices aligns with broader cooling inflation signals, such as the Michigan 1-Year Inflation Expectations which recently fell to 4.6% according to official data.

Investors should watch price levels for AAPL, which closed at $298.55 on June 18, 2026, and INTC at $121.10 (as of June 17 close) to gauge the momentum of this policy-driven rally. Looking ahead, while the economic calendar is light on energy catalysts, the upcoming speech by ECB's Lagarde on June 15 remains a key event for global sentiment. Any formal confirmation regarding the rumored Apple-Intel government deal will likely serve as the primary volatility driver for the tech sector in the coming sessions.