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Killik & Co's Weekly Market Update: 19th Jun

Jun 19, 2026

The market update highlights the positive impact of the SpaceX IPO and the US-Iran deal on equity markets. Technology stocks saw a positive read-across from the SpaceX IPO, while energy stocks declined due to falling oil prices. The new Federal Reserve chair's stance suggests interest rates may not be cut soon, impacting US government debt. The UK hospitality and beer industry showed modest growth.

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Anheuser-Busch shares have performed positively over the last year, driven by strong growth in its non-alcoholic beer sector.

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