72
Markets2h 43m ago

U.S. stocks are rising Friday after oil prices fell again and as Wall Street waits for the highly anticipated debut of SpaceX coming later in the day.

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NEW YORK, U.S.

Who
U.S. stocks, Wall Street, SpaceX, President Donald Trump, Adobe, Elon Musk, Broadcom, Shantanu Narayen, Chan Ho-him, Matt Ott
What
U.S. stocks are rising Friday after oil prices fell again and as Wall Street waits for the highly anticipated debut of SpaceX coming later in the day.
When
Fri, 12 Jun 2026 15:21:41 GMT · 2h 43m ago
Where
NEW YORK, U.S. ·
Why
U.S. stocks are rising due to a drop in oil prices, President Donald Trump's call off of strikes on Iran, and anticipation for SpaceX's market debut.
The Frontline Impact

How this affects you

Global financial markets are reacting to a dip in oil prices and the impending market entry of a significant AI-related company, potentially signaling investor sentiment towards the technology sector and geopolitical developments affecting oil supply.

Story chain

14 events in this thread
  1. Markets48m ago
    SpaceX's Nasdaq debut saw its valuation exceed $2 trillion, triggering a large wave of tokenized stock activity across crypto markets.
    Open article
  2. Markets1h 34m ago
    Clear Street analyst Greg Pendy designated several stocks as either competitors or complementary plays to SpaceX ahead of its initial public offering on Friday.
    Open article
  3. Markets1h 50m ago
    Elon Musk's SpaceX made a strong entrance into public markets on June 12, with its shares starting trade on the Nasdaq at $150 each, representing an 11 per cent gain over the initial public offering (IPO) price of $135.
    Open article
  4. Markets2h 2m ago
    The dollar steadied on Friday amidst a week of economic and geopolitical volatility, highlighted by Middle East peace negotiations and a major SpaceX IPO.
    Open article
  5. Markets2h 2m ago
    The dollar steadied on Friday, capping a week marked by significant economic and geopolitical events that sent ripples through global markets.
    Open article
  6. Markets2h 2m ago
    The dollar steadied on Friday, capping a week marked by significant economic and geopolitical events that sent ripples through global markets.
    Open article
  7. Markets2h 3m ago
    Morningstar valued SpaceX at $63 per share, significantly below its indicative IPO price of $135 and bullish targets of $190.
    Open article
  8. Markets2h 3m ago
    SpaceX's shares jumped 17% on Friday, pushing its valuation above $2 trillion during its Nasdaq debut, following a record-setting $75 billion initial public offering.
    Open article
  9. Markets2h 17m ago
    Canada’s main stock index was up more than 300 points in late-morning trading.
    Open article
  10. Markets2h 17m ago
    Canada’s main stock index was up more than 300 points in late-morning trading, helped by strength in the base metal and financial sectors, while U.S. stock markets also surged higher.
    Open article
  11. Currently Reading2h 43m ago
    U.S. stocks are rising Friday after oil prices fell again and as Wall Street waits for the highly anticipated debut of SpaceX coming later in the day.
  12. Markets3h 43m ago
    U.S. stocks are drifting Friday as oil prices fell and Wall Street awaits the highly anticipated debut of SpaceX later in the day.
    Open article
  13. Markets4h 11m ago
    US stocks drifted on Friday as falling oil prices supported sentiment, while investors turned their attention to the highly anticipated stock market debut of SpaceX.
    Open article
  14. Markets4h 14m ago
    U.S. stocks are drifting Friday as oil prices fell and Wall Street awaits the highly anticipated debut of SpaceX.
    Open article

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