46
Markets4h 10m ago

U.S. stocks are drifting Friday as oil prices fell and Wall Street awaits the highly anticipated debut of SpaceX.

Archive Window: 30 Days Left

NEW YORK

Who
Wall Street, SpaceX, investors
What
U.S. stocks are drifting Friday as oil prices fell and Wall Street awaits the highly anticipated debut of SpaceX.
When
Fri, 12 Jun 2026 13:51:30 GMT · 4h 10m ago
Where
NEW YORK ·
Why
Oil prices fell further on hopes for a deal between the United States and Iran that could get oil flowing globally again.
The Frontline Impact

How this affects you

The debut of SpaceX, the first of three gargantuan AI companies to go public, will indicate investor hunger for AI stocks after a week of market volatility. Oil price movements could influence global energy markets and related economic sectors.

Story chain

14 events in this thread
  1. Markets45m 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 31m 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 47m 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. Markets1h 58m 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. Markets1h 58m 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. Markets1h 58m 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. Markets1h 59m 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 0m 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 13m ago
    Canada’s main stock index was up more than 300 points in late-morning trading.
    Open article
  10. Markets2h 13m 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. Markets2h 40m 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.
    Open article
  12. Markets3h 40m 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 8m 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. Currently Reading4h 10m ago
    U.S. stocks are drifting Friday as oil prices fell and Wall Street awaits the highly anticipated debut of SpaceX.

Verified Sources & Citations