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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.”
Stocks traded sideways at the open on Friday with SpaceX set to make its public debut following yesterday’s market relief rally. The Dow rose 138 points, or 0.2%. In the largest IPO ever with $75 billion raised, SpaceX will begin trading at some point today.
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.
Stock Market Today: The Dow Jones index rose Friday on U.S.-Iran peace deal hopes. The SpaceX stock IPO will start trading shortly.
News of the day for June 12, 2026
8am: US stock futures rise Wall Street is heading for a firmer open on Friday, with futures ticking higher as investors weigh President Donald Trump’s sudden shift on Iran and turn attention to a blockbuster market debut. Dow futures are up 0.6%, while those for the S&P 500 and the...
US equity futures were higher pre-bell Friday as traders anticipated a peace deal between the US and
The benchmark US stock measures were pointing higher before the open Friday amid media reports that
The rocket maker's $75 billion offering — the largest IPO in history — hits the Nasdaq as oil prices fall on reports of a U.S.-Iran agreement
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.
Wall Street futures pointed moderately higher pre-bell Friday, as traders weighed easing oil prices,
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.”
U.S. stock markets closed sharply higher rebounding after two days of stiff losses.
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 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.
A number of stocks jumped 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.
A number of stocks jumped 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.
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.
A number of stocks jumped 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.
A number of stocks jumped 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.
A number of stocks jumped 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.
Emily Roland, Co-Chief Investment Strategist at Manulife John Hancock Investment Management, reframed this week’s selloff as an opportunity on Thursday, June 11, on CNBC’s Squawk Box. “We have been on a momentum freight train since the market lows back in late March. Certainly, seeing some overbought conditions, and we weren’t overly surprised here to see a little bit ... Wall Street Strategist: Stock Market Just Became a “Buyer’s Dream” After Recent Pull-Back
A number of stocks jumped 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.
The market seemed to breathe a sigh of relief on Thursday after President Donald Trump canceled plans to strike Iran, and signaled that peace talks were gaining ground. The Nasdaq Composite Index closed up 2.5%. After the big Iran boost, market attention is now squarely on tomorrow’s SpaceX debut, which will be biggest initial public offering of all time.
Wall Street geared up for SpaceX's market debut and assessed prospects for an end to US-Iran hostilities.