SpaceX Leads Global Tech Stocks Selloff | Daybreak Europe 6/23/2026

Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we’ll tell you what matters for investors in Europe, giving you insight before trading begins.

Global stocks slumped as investors rotated out of some of this year’s high-performing technology shares while awaiting further developments in US-Iran peace talks.

The US issued a 60-day license allowing Iran to sell oil on the international market, giving Tehran an economic lifeline as the two adversaries continued talks for a permanent peace deal.

And Andy Burnham appears set to become the UK’s seventh prime minister in a decade after Keir Starmer laid out a timeline for his own departure and potential rivals backed a quick transition to the popular Manchester politician.

Today’s guest: Neil Wilson, UK Investor Strategist, Saxo.

Chapters:
00:00:00 – Daybreak Europe
00:01:40 – Crude Oil Steady as US Issues Iran Oil Waiver
00:05:51 – SpaceX Falls for Third Day, Erases $600 Billion in Market Value
00:08:56 – Central Banks Grapple With Inflation Pressures
00:14:59 – Trump: Strait of Hormuz Totally Open
00:20:08 – France, Germany Agree on Stakes in KNDS Before IPO
00:25:25 – Burnham Poised for Power in UK After Starmer Steps Aside
00:31:36 – Neil Wilson, UK Investor Strategist, Saxo
00:36:25 – Assessing the Cost of Brexit to the UK
00:43:15 – How Eli Lilly’s CEO Plans to Defeat Pharma’s Boom-Bust Cycle
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