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BlockBeats News, June 16th, JPMorgan Chase & Co. Investment Research raised its S&P 500 Index target range for the end of 2026 from 7,400 points to 7,600 points to 7,800 points to 8,000 points and set the target range for the end of 2027 at 8,600 points to 8,800 points.

According to ChainCatcher, citing CryptoRank.io data, since the peak of the crypto market in September 2025, the stablecoin dominance rate has surged from 7.56% to 15%, an increase of nearly 98%. However, the total supply of stablecoins only increased from $285.6 billion to $316 billion, a rise of just 10.6%. Over the same period, the total crypto market capitalization dropped sharply from $4.21 trillion to $2.10 trillion, a decrease of 50%. CryptoRank indicated that this shows the doubling of stablecoin dominance was not driven by a large increase in newly issued stablecoins, but was mainly due to the sharp overall decline in the crypto market.

Golden Ten Data reported on June 16 that U.S. import prices surged in May, with costs for computer equipment, plastic products, and air travel soaring—further illustrating the inflationary effects spurred by the Iran war and a data center construction boom. Data released Tuesday by the U.S. Bureau of Labor Statistics showed that the import price index rose 1.9% in May, matching April’s increase. Import prices jumped 6.7% year-on-year, marking the fastest growth in nearly four years. Prices for imported plastic materials—key raw materials for many consumer goods, derived from fossil fuel byproducts—rose by 6.5%, recording one of the largest monthly increases ever. The category for imported airline passenger fares, which is directly included in the Federal Reserve’s preferred inflation gauge, also saw a major uptick. Meanwhile, import prices for computers, peripherals, and semiconductors climbed 3.6% in May, the second-largest monthly gain since monthly records began in 1994. The report released Tuesday, along with a recent series of economic data, shows that the Iran war is impacting the U.S. economy. As inflationary pressures begin to spread from the initial oil price shock to broader sectors, both consumer and producer prices have risen significantly over the past few months.