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(Updates with index and price moves as well as other information influencing markets from the first
U.S. stocks rallied to their best day in two months, and oil prices fell after President Donald Trump called off his threat to bomb Iran in the evening. The Dow Jones Industrial Average leaped 1.9%, and the Nasdaq composite rallied 2.5%. The Nasdaq composite rose 640.16 points, or 2.5%, to 25,809.66.
(Updates with market moves at the end of the day and any new developments.) US equities rallied T
US equity indexes were higher on Wednesday after core producer price inflation grew less than foreca
Iran quickly denied the claim. Trump has said numerous times that a deal to end the war against is close at hand without one materializing
Yahoo Finance Markets and Data Editor Jared Blikre explains what investors should expect from SpaceX's (SPAX.PVT) planned initial public offering (IPO) on Friday, outlines the leveraged exchange-traded funds (ETFs) coming out for SpaceX, and examines historical post-IPO market trends.
(Updates with index and price moves and cancellation of planned attacks on Iran from the first parag
Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB) is at a crossroads, pouring capital into artificial intelligence infrastructure while investors wait for signs that the spending will pay off, according to Bank of America analysts. The report comes after Meta's third-quarter 2025 earnings...
The S&P 500 jumped on Thursday after President Trump said he no longer plans to strike Iran tonight. The Dow rose 680 points, or 1.4%. "Based on the fact that discussions with the Islamic Republic of Iran have been brought to the highest level of Iranian leadership and approved, I have, as President of the United States of America, cancelled the scheduled strikes and bombings against Iran this evening," Trump said.
Wall Street snapped a three-day losing streak on Thursday, but the rally lost steam by midday. Hot inflation data and Middle East tensions are keeping investors cautious ahead of SpaceX's historic IPO.
Tesla stock rose early Thursday after the order book for SpaceX’s massive IPO closed. Tesla stock was up 0.8% at $384.74 on Thursday, while the and were up 0.2% and 0.6%, respectively. Coming into Thursday trading, shares were down almost 10% over the past week, leaving investors wondering if Tesla investors were selling stock to fund purchases of SpaceX shares, which are expected to begin trading on Friday.
Adobe earnings are on deck, but ongoing concerns about artificial intelligence’s impact on the business might continue to overshadow any positive financial results from the enterprise software company. Adobe is scheduled to report fiscal second-quarter financials after the stock market closes on Thursday. During this earnings season, Wall Street has had little patience for tech companies that report results that are just in line with analyst estimates after stocks and valuations have soared.
(Updates with new information from the first paragraph.) US equity indexes rose amid a broad-base
Einride began trading on Nasdaq after completing its de-SPAC. The company is scaling both electric trucks and cabless autonomous vehicles. The post Einride begins trading on Nasdaq after completing de-SPAC appeared first on FreightWaves.
Tesla stock rose early Thursday after the order book for SpaceX’s massive IPO closed. Coming into Thursday trading, shares were down almost 10% over the past week, leaving investors wondering if Tesla investors were selling stock to fund purchases of SpaceX shares, which are expected to begin trading on Friday. SpaceX has allocated an estimated 30% of its record-setting IPO to retail investors, much more than in a typical IPO.
Markets remain volatile amid geopolitical tensions, inflation concerns and tech weakness, which have driven renewed interest in value ETF investing as a defensive strategy.
The Dow gained 236 points, or 0.5%. "Lately we've seen early gains turn into intraday declines, as investors use the regular trading session as a chance to rotate out of winners into more defensive areas of the market," writes Bespoke Investment Group co-founder Paul Hickey. The producer price index for final demand marked its biggest 12-month rise since November 2022.
U. S. stock futures pointed to a stronger open on Thursday, indicating that equities could recover some of the heavy losses recorded in the previous session.
Retail investors are clearing the decks ahead of the SpaceX IPO. For two straight days this week, ordinary investors dumped their single-stock holdings on a net basis, according to Vanda Research. The moves suggests that mom-and-pop investors are amassing dry powder ahead of SpaceX's anticipated public debut tomorrow.
For much of the past month, Wall Street has been chanting the same three letters: SPCX, the Nasdaq ticker SpaceX intends to use when it begins trading on June 12, 2026. Retail investors have piled into the Destiny Tech100 vehicle, prediction markets have lit up, and r/wallstreetbets has turned a single post titled “$8 to ... SpaceX IPOs on Friday. The 55% rule says don’t chase it.
News of the day for June 11, 2026
Oracle stuck was falling after earnings but Wall Street analysts think ther’s reason to back the cloud computing-and-software company.
US equity futures were higher pre-bell Thursday as the US said it completed attacks against Iran aft