UK GDP Surges as Cocoa Crashes 57% and Nasdaq Hits 12th Straight Win

On today's episode of Market Brief – After Hours, the Nasdaq extended its winning streak to 12 consecutive sessions, its longest run since 2009, as the S&P 500 hit yet another all-time high, yet the macro picture beneath is growing more fragile by the day. The UK delivered its strongest monthly GDP growth since early 2024, but the IEA warned Europe could face a jet fuel shortage within six weeks as the Strait of Hormuz blockade tightens and Brent crude approaches $100. Meanwhile, cocoa prices have collapsed 57% over twelve months, sending the world's biggest chocolate maker crashing 14% on a profit warning. We break down the full picture across global equities, EUR/USD, GBP/USD, USD/CHF, USD/JPY, gold, and today's biggest individual movers including AMD, Intel, Hims & Hers, Charles Schwab, and Abbott Laboratories. Hosted on Acast. See acast.com/privacy for more information.