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Associated Press68d agoneutral
How major US stock indexes fared Thursday 6/11/2026

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.

S&P 500 Pops 1.2% after Trump Says He No Longer Plans Iran Strikes Tonight
Barrons.com68d agoneutral
S&P 500 Pops 1.2% after Trump Says He No Longer Plans Iran Strikes Tonight

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.

Tesla Stock Needs the SpaceX IPO to Happen Already
Barrons.com68d agoneutral
Tesla Stock Needs the SpaceX IPO to Happen Already

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 Stock Needs a Boost. Earnings Might Not Be Enough.
Barrons.com68d agobearish
Adobe Stock Needs a Boost. Earnings Might Not Be Enough.

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.

History Says This Unstoppable Cash Cow Is the Single Best “Set-It-and-Forget-It” Stock on the Planet
24/7 Wall St.68d agoneutral
History Says This Unstoppable Cash Cow Is the Single Best “Set-It-and-Forget-It” Stock on the Planet

If you are building a portfolio you intend to never touch again, Berkshire Hathaway (NYSE:BRK-B) warrants a central role, because it is engineered to compound capital across decades regardless of who is in the White House, what the Federal Reserve is doing, or which sector is in fashion. Pillar One: A Business Built to Outlast ... History Says This Unstoppable Cash Cow Is the Single Best “Set-It-and-Forget-It” Stock on the Planet

Gold loses its luster as rate-hike fears take over
TheStreet68d agoneutral
Gold loses its luster as rate-hike fears take over

Every investor keeps a short mental list of things that are supposed to work no matter what. Stocks for growth. Bonds for income. And one ancient asset for the moments when everything else falls apart. For the past two years, that last category did far more than protect wealth. It minted wealth. ...

3 Reasons to Avoid PRG and 1 Stock to Buy Instead
StockStory68d agobullish
3 Reasons to Avoid PRG and 1 Stock to Buy Instead

PROG’s 18.2% return over the past six months has outpaced the S&P 500 by 11.3%, and its stock price has climbed to $36.22 per share. This was partly thanks to its solid quarterly results, and the run-up might have investors contemplating their next move.