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MT Newswires107d agoneutral
Sector Update: Energy

Energy stocks were higher Friday afternoon, with the NYSE Energy Sector Index rising 1% and the Stat

Nasdaq Trades Sideways as SpaceX Starts Trading
Barrons.com107d agoneutral
Nasdaq Trades Sideways as SpaceX Starts Trading

The Nasdaq was struggling to hold onto gains Friday amid SpaceX's blockbuster IPO. The tech-heavy index was up 0.2% but moving in and out of negative territory. The S&P 500 was up 0.5%. The Dow was up 353 points, or 0.

Indexes Climb Ahead of SpaceX Trading Debut
The Wall Street Journal107d agobullish
Indexes Climb Ahead of SpaceX Trading Debut

It's not all SpaceX in markets today. A big gain from Goldman Sachs is boosting the Dow Jones Industrial Average. The blue-chip index recently added around 400 points, or 0.8%. The S&P 500 rose 0.5%. The tech-heavy Nasdaq advanced about 0.

Dow Gains 500 Points. Stocks Are Picking Up Some Steam.
Barrons.com107d agoneutral
Dow Gains 500 Points. Stocks Are Picking Up Some Steam.

The Dow rose 514 points, or 1%. The University of Michigan’s preliminary June survey showed a solid uptick in its consumer sentiment index to 48.9, up from 44.8 in May. The consensus among economists was 47.8. Survey director Joanne Hsu said in the Friday release that consumers experienced “some relief due to the early-month easing in gasoline prices.”

Tesla, SpaceX, and the Battle to Be Musk’s Most Valuable Company
Barrons.com107d agoneutral
Tesla, SpaceX, and the Battle to Be Musk’s Most Valuable Company

SpaceX trading is set to begin, officially making Tesla and SpaceX CEO Elon Musk a trillionaire. SpaceX is worth more to Musk than Tesla, but which company will turn out more valuable to investors is harder to say. Tesla stock was up 0.8% in premarket trading at $402.18 Friday, while and futures were up 0.4% and 0.6%, respectively.

Is Tesla Stock More Valuable Than SpaceX?
Barrons.com107d agoneutral
Is Tesla Stock More Valuable Than SpaceX?

SpaceX trading is set to begin, officially making Tesla and SpaceX CEO Elon Musk a trillionaire. SpaceX is worth more to Musk than Tesla, but which company will turn out more valuable to investors is harder to say. Tesla stock was up 0.2% in premarket trading at $399.86 Friday, while and futures were up 0.4% and 0.5%, respectively.

Stock Futures Up as Investors Await Historic Test of Market by SpaceX
The Wall Street Journal107d agobullish
Stock Futures Up as Investors Await Historic Test of Market by SpaceX

Stock indexes around the world are in positive territory and U.S. stock futures are up. The IPO has shattered records, with SpaceX raising $75 billion, selling 555.6 million shares at $135 each. The rocket maker, which derives most of its revenue from its satellite internet unit and has a nascent artificial-intelligence business, will trade under the ticker “SPCX.”

Stock Futures Fall Ahead of SpaceX Trading Debut as Iran Bump Fades
Barrons.com108d agobullish
Stock Futures Fall Ahead of SpaceX Trading Debut as Iran Bump Fades

Stocks looked set to edge lower on Friday as investors geared up for SpaceX’s trading debut, which comes after the rocket and AI company raised about $75 billion in the largest IPO ever. Dow Jones Industrial Average futures were down by 8 points, effectively trading flat. The three major indexes all surged on Thursday after President Donald Trump said he had canceled plans to strike Iran last night and signaled that peace talks with Tehran were ongoing.

Asian shares surge and oil prices slip after Trump claims a breakthrough in Iran war talks
Associated Press108d agobullish
Asian shares surge and oil prices slip after Trump claims a breakthrough in Iran war talks

Asian shares climbed sharply on Friday, tracking big Wall Street gains, and oil prices slipped after U.S. President Donald Trump claimed there was a breakthrough in talks to end the Iran war. Samsung Electronics, South Korea's most valuable company, advanced 11.2%. Tokyo’s Nikkei’s 225 gained 3.5% to 66,442.95, also led by gains for technology stocks.

Why Target (TGT) Stock Is Up Today
StockStory108d agoneutral
Why Target (TGT) Stock Is Up Today

Shares of general merchandise retailer Target (NYSE:TGT) jumped 3.3% in the afternoon session after President Trump reversed course on a military escalation against Iran that wiped $1.2 trillion from the market earlier in the day.