Boeing stock rose almost 5% on Monday, as the broader market rallied following a ceasefire agreement between the U.S. and Iran.
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Oil prices dropped towards $80 a barrel and stocks rallied on Monday after Washington and Iran reached a deal to end the Middle East war and reopen the Strait of Hormuz, sending a wave of relief through global markets.The strait, through which roughly 20 percent of the world's crude oil supply normally transits, was effectively closed by Tehran after the US and Israeli strikes on Iran in late February, sending energy prices soaring.
June 15 (Reuters) - Wall Street's main indexes opened higher on Monday after Washington and Tehran reached a preliminary agreement to end the Middle East conflict and reopen the Strait of Hormuz,
Investing.com - U.S. stock index futures rose sharply on Monday after Washington and Tehran confirmed they had reached a preliminary peace agreement aimed at ending their conflict and reopening key Middle Eastern shipping routes.
US equity investors will focus this week on Kevin Warsh's inflation assessment at his first rate-set
June 15 (Reuters) - Futures tracking Wall Street's main indexes jumped more than 1% each on Monday as investors cheered a preliminary pact struck between the U.S. and Iran to end the more than three-
While interest rates are widely expected to remain unchanged, Warsh and the Federal Open Market Committee (FOMC) appear set to make a subtle yet powerful monetary policy change.
Share prices soared Monday in Asia after a deal was announced on ending the Iran war and reopening the Strait of Hormuz. Oil prices fell more than $3 a barrel. U.S. President Donald Trump confirmed the initial agreement and authorized an end to the U.S. naval blockade of Iranian ports.
Investor attention will be on Kevin Warsh's first meeting as chair of the Federal Reserve, dealmaking in the Middle East, and the second-day effects on SpaceX.
Investor attention will be on Kevin Warsh's first meeting as chair of the Federal Reserve, dealmaking in the Middle East, and the second-day effects on SpaceX.
The SpaceX initial public offering didn’t mean all that much to the stock market this past week—but it could mark the start of the countdown to the end of the bull market sometime in the year ahead. SpaceX, which began trading on Friday, was the market’s focus this past week. It is the biggest IPO in history; it’s building a business that seems based on a sci-fi novel; and it’s led by a controversial CEO in Elon Musk, who attracts attention—good and bad—wherever he goes.
President Trump's 180 on inflation may result in a corresponding about-face for Wall Street's bull market.
The Dow added 0.7%, and the Nasdaq composite gained 0.3%. The Nasdaq composite rose 79.18 points, or 0.3%, to 25,888.84. The Russell 2000 index of smaller companies rose 22.96 points, or 0.8% to 2,943.99.
It’s fitting that the largest IPO ever debuted on a day that Wall Street was back chasing momentum stocks. The S&P 500 was up 0.5%. The Nasdaq was up 0.4%. The Dow was up 384 points, or 0.8%. SpaceX stock was up 27% to $170.
WaterBridge stock surged Friday, reclaiming its latest buy point and hitting new highs. That makes it the IPO Stock Of The Week.
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.
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.
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
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.”
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.
Wall Street geared up for SpaceX's market debut and assessed prospects for an end to US-Iran hostilities.
US stock futures rose as Wall Street geared up for SpaceX's market debut and welcomed easing tensions between the US and Iran.
US stock futures rose as Wall Street geared up for SpaceX’s market debut and welcomed easing tensions between the US and Iran.

<body><p>STORY: Wall Street's main indexes ended sharply higher on Thursday, with the Dow adding more than 1.8%, the S&P 500 climbing one-and-three-quarters percent and the Nasdaq jumping more than two-and-a-half percent.</p><p>President Donald Trump canceled planned strikes on Iran and said a peace deal with Tehran could come as soon as this weekend.</p><p>While oil prices dropped sharply, Ben McMillan, chief investment officer at IDX Advisors, warned that inflationary and other economic pressures wouldn't immediately subside. </p><p>"It's not a spring where all of a sudden, once everything is signed and everybody agrees to a ceasefire, inflation magically comes down, even if the price of oil does. You know, supply chains have been disrupted, and not just oil, by the way, too, things like fertilizer, things that impact the food supply. And we're starting to see that percolate through the system."</p><p>Feeding inflation worries, data on Thursday showed U.S. producer prices increased more than expected in May, leading to the largest annual gain in over three years.</p><p>:: Oracle</p><p>Among the day's stock moves, shares of Oracle bucked what was otherwise a strong day for tech stocks, plunging 8.5% after the firm projected capital spending plans for fiscal 2027 above Wall Street estimates.</p><p>And shares of Adobe, down more than 6% at the close, plunged further in extended trading, despite the Photoshop maker raising its annual revenue forecast. The company also announced the departure of its CFO only three months after Adobe's CEO said he would step down.</p><p>And SpaceX priced the biggest-ever U.S. IPO at $135 per share, making Elon Musk’s rocket maker one of the world’s most valuable companies. The IPO raised a record $75 billion, valuing the company at nearly $1.8 trillion, a record for an initial offering. Trading is set to begin on Friday.</p></body>