#HKMarketUpdate
China and Hong Kong stocks fall on tech selloff, renewed Mideast tensions
Jun 11, 2026, 16:58 GMT+8
China and Hong Kong stocks ended lower on Thursday, led by declines in tech shares tracking weakness in regional peers, while a fresh escalation in Middle East tensions also weighed on investor sentiment.
* The United States launched new strikes against multiple targets overnight in Iran, and President Donald Trump vowed even more attacks if no peace deal is secured.
* At the market close, the benchmark Shanghai Composite index 000001 declined 0.2%, while the blue-chip CSI300 index 3399300 dropped 0.6%.
* In Hong Kong, the benchmark Hang Seng Index HSI fell 0.7%, marking a seventh straight losing session and its longest losing streak since October.
* Tech shares dropped across the board, with Shenzhen's startup board ChiNext 3399006 sliding 1.1%, and Hong Kong's tech shares HHSTECH shedding 1.5%.
* The decline followed weakness in regional peers, as MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) fell 0.3%.
* Analysts at HSBC Qianhai Securities said in a note that the rally in AI hardware stocks could resume amid continued capex spending from major cloud service providers and solid earnings fundamentals, "but a more balanced approach on AI vs non-AI is warranted in the second half of this year".
* Hong Kong shares of e-commerce giant Alibaba BABA fell 5.4% to their lowest closing price since July 2025, after reports about its Dingtalk CEO Chen Hang's departure following debates about AI focus.
* Meanwhile, U.S. consumer inflation increased at its fastest pace in three years in May, boosted by surging prices for energy products amid the Middle East conflict, and giving the Federal Reserve more reason to maintain a hawkish tilt into 2027.
* Separately, market participants will shift their attention to China's May credit lending data to gauge the health of the economy, following an unexpected contraction in new yuan loans in April.
https://www.tradingview.com/news/reuters.com,2026:newsml_L1N42J08N:0-china-and-hong-kong-stocks-fall-on-tech-selloff-renewed-mideast-tensions/
China and Hong Kong stocks fall on tech selloff, renewed Mideast tensions
Jun 11, 2026, 16:58 GMT+8
China and Hong Kong stocks ended lower on Thursday, led by declines in tech shares tracking weakness in regional peers, while a fresh escalation in Middle East tensions also weighed on investor sentiment.
* The United States launched new strikes against multiple targets overnight in Iran, and President Donald Trump vowed even more attacks if no peace deal is secured.
* At the market close, the benchmark Shanghai Composite index 000001 declined 0.2%, while the blue-chip CSI300 index 3399300 dropped 0.6%.
* In Hong Kong, the benchmark Hang Seng Index HSI fell 0.7%, marking a seventh straight losing session and its longest losing streak since October.
* Tech shares dropped across the board, with Shenzhen's startup board ChiNext 3399006 sliding 1.1%, and Hong Kong's tech shares HHSTECH shedding 1.5%.
* The decline followed weakness in regional peers, as MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) fell 0.3%.
* Analysts at HSBC Qianhai Securities said in a note that the rally in AI hardware stocks could resume amid continued capex spending from major cloud service providers and solid earnings fundamentals, "but a more balanced approach on AI vs non-AI is warranted in the second half of this year".
* Hong Kong shares of e-commerce giant Alibaba BABA fell 5.4% to their lowest closing price since July 2025, after reports about its Dingtalk CEO Chen Hang's departure following debates about AI focus.
* Meanwhile, U.S. consumer inflation increased at its fastest pace in three years in May, boosted by surging prices for energy products amid the Middle East conflict, and giving the Federal Reserve more reason to maintain a hawkish tilt into 2027.
* Separately, market participants will shift their attention to China's May credit lending data to gauge the health of the economy, following an unexpected contraction in new yuan loans in April.
https://www.tradingview.com/news/reuters.com,2026:newsml_L1N42J08N:0-china-and-hong-kong-stocks-fall-on-tech-selloff-renewed-mideast-tensions/
TradingView
China and Hong Kong stocks fall on tech selloff, renewed Mideast tensions
China and Hong Kong stocks ended lower on Thursday, led by declines in tech shares tracking weakness in regional peers, while a fresh escalation in Middle East tensions also weighed on investor sentiment.* The United States launched new strikes against multiple…
📢 Singaporean households will each receive $500 in CDC vouchers from June 11 to help them with their daily expenses. These vouchers will be valid till Dec 31, 2027.
While the impact of the Middle East crisis has so far been less severe than expected, the Government is ready to do more if needed, said DPM Gan Kim Yong. https://str.sg/mD5e
While the impact of the Middle East crisis has so far been less severe than expected, the Government is ready to do more if needed, said DPM Gan Kim Yong. https://str.sg/mD5e
#HKMarketUpdate
<Full-day Takeaway>HSI Closes at 24,249, Down 158 pts; HSTI Closes at 4,655, Down 69 pts; BABA Down over 5%; KB LAMINATES, KINGBOARD HLDG Hit New Highs; Market Turnover Rises
http://www.aastocks.com/en/stocks/news/aafn-con/NOW.1528659/top-news/AAFN
<Full-day Takeaway>HSI Closes at 24,249, Down 158 pts; HSTI Closes at 4,655, Down 69 pts; BABA Down over 5%; KB LAMINATES, KINGBOARD HLDG Hit New Highs; Market Turnover Rises
http://www.aastocks.com/en/stocks/news/aafn-con/NOW.1528659/top-news/AAFN
AASTOCKS.COM
<Full-day Takeaway>HSI Closes at 24,249, Down 158 pts; HSTI Closes at 4,655, Down 69 pts; BABA Down over 5%; KB LAMINATES, KINGBOARD…
At close, HSI dropped 158 pts or 0.7% to 24,249. HSTI dropped 69 pts or 1.5% to 4,655. HSCEI...
DBS, SIA... and Raffles Medical?: OCBC, Maybank pick SGX winners from World Cup - The Business Times
https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/ai-predictions-consumer-plays-analysts-offer-sgx-playbook-world-cup-2026?ref=home-top-stories-4
https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/ai-predictions-consumer-plays-analysts-offer-sgx-playbook-world-cup-2026?ref=home-top-stories-4
The Business Times
AI predictions, consumer plays: Analysts offer SGX playbook for World Cup 2026
The recommendations go beyond the standard sportswear and beer bumps to feature less obvious winners Read more at The Business Times.
Daily Debrief: What Happened Today (Jun 11)
https://www.businesstimes.com.sg/international/daily-debrief-what-happened-today-jun-112?utm_source=web_share&utm_medium=referral&utm_campaign=article
https://www.businesstimes.com.sg/international/daily-debrief-what-happened-today-jun-112?utm_source=web_share&utm_medium=referral&utm_campaign=article
The Business Times
Daily Debrief: What Happened Today (Jun 11)
Stories you might have missed Read more at The Business Times.
World Bank says Indonesia’s GDP to slow to 5% in 2026 as fiscal pressures rise
https://www.businesstimes.com.sg/international/asean/world-bank-says-indonesias-gdp-slow-5-2026-fiscal-pressures-rise
https://www.businesstimes.com.sg/international/asean/world-bank-says-indonesias-gdp-slow-5-2026-fiscal-pressures-rise
The Business Times
World Bank says Indonesia’s GDP to slow to 5% in 2026 as fiscal pressures rise
The country has been using state finances to keep fuel prices unchanged Read more at The Business Times.
#SgMarketUpdate
Singapore stocks close higher; STI up 0.6%
Singapore stocks ended higher on Thursday (Jun 11).
The benchmark Straits Times Index (STI) gained 0.6 per cent or 29.25 points to finish at 4,988.10.
Yangzijiang Shipbuilding : BS6 +2.97% led the gainers on Singapore’s blue-chip index, rising 3 per cent or S$0.10 to S$3.47.
The worst performer among STI constituents was Hongkong Land : H78 -0.83%, which fell 0.8 per cent or US$0.06 to close at US$7.19.
The three local banks all ended higher. DBS : D05 +1.25% gained 1.2 per cent or S$0.77 to S$62.60, OCBC : O39 +0.47% rose 0.5 per cent or S$0.11 to S$23.34, and UOB : U11 +0.48% was up 0.5 per cent or S$0.18 at S$38.06.
Across the broader market, gainers outnumbered losers 298 to 274, after 1.6 billion securities worth S$2.1 billion changed hands.
Key regional indices ended mixed.
Hong Kong’s Hang Seng Index lost 0.7 per cent, while Japan’s Nikkei 225 rose 0.1 per cent, South Korea’s Kospi was up 0.4 per cent and the FTSE Bursa Malaysia KLCI advanced 0.03 per cent.
https://www.businesstimes.com.sg/companies-markets/singapore-stocks-close-higher-sti-0-6
Singapore stocks close higher; STI up 0.6%
Singapore stocks ended higher on Thursday (Jun 11).
The benchmark Straits Times Index (STI) gained 0.6 per cent or 29.25 points to finish at 4,988.10.
Yangzijiang Shipbuilding : BS6 +2.97% led the gainers on Singapore’s blue-chip index, rising 3 per cent or S$0.10 to S$3.47.
The worst performer among STI constituents was Hongkong Land : H78 -0.83%, which fell 0.8 per cent or US$0.06 to close at US$7.19.
The three local banks all ended higher. DBS : D05 +1.25% gained 1.2 per cent or S$0.77 to S$62.60, OCBC : O39 +0.47% rose 0.5 per cent or S$0.11 to S$23.34, and UOB : U11 +0.48% was up 0.5 per cent or S$0.18 at S$38.06.
Across the broader market, gainers outnumbered losers 298 to 274, after 1.6 billion securities worth S$2.1 billion changed hands.
Key regional indices ended mixed.
Hong Kong’s Hang Seng Index lost 0.7 per cent, while Japan’s Nikkei 225 rose 0.1 per cent, South Korea’s Kospi was up 0.4 per cent and the FTSE Bursa Malaysia KLCI advanced 0.03 per cent.
https://www.businesstimes.com.sg/companies-markets/singapore-stocks-close-higher-sti-0-6
Stocks making the biggest moves premarket: Oracle, Intel, Alcoa and more
https://www.cnbc.com/2026/06/11/stocks-making-the-biggest-moves-premarket-oracle-intel-applied-materials-alcoa-and-more.html?__source=androidappshare
https://www.cnbc.com/2026/06/11/stocks-making-the-biggest-moves-premarket-oracle-intel-applied-materials-alcoa-and-more.html?__source=androidappshare
CNBC
Stocks making the biggest moves premarket: Oracle, Intel, Applied Materials, Alcoa and more
These are the stocks posting the largest moves in the premarket.
Crude oil jumps back above $90 as Trump says U.S. will take Iran's Kharg Island
https://finance.yahoo.com/sectors/energy/articles/oil-erases-gain-hormuz-workarounds-092334292.html
https://finance.yahoo.com/sectors/energy/articles/oil-erases-gain-hormuz-workarounds-092334292.html
Yahoo Finance
Oil Turns Higher as US Threatens to Take Key Iranian Export Hub
(Bloomberg) -- Oil gained after President Trump said the US would keep attacking Iran, while also threatening to seize the Kharg Island oil terminal that is vital for Tehran’s exports. Most Read from BloombergXbox Plans Significant Layoffs as New CEO Plans…
US producer prices rose 6.5% in May on higher energy prices, largest yearly jump since November 2022
https://finance.yahoo.com/economy/policy/articles/us-producer-prices-rose-6-124151813.html
https://finance.yahoo.com/economy/policy/articles/us-producer-prices-rose-6-124151813.html
Yahoo Finance
US producer prices spike in May as soaring energy prices fuel largest yearly jump since 2022
U.S. producer prices climbed last month at the fastest pace since November 2022, fueled by a surge in energy prices after the start of the Iran war. The Labor Department reported Thursday that its producer price index — which captures inflation before it…
Inside the $2T 'Mag 7' wipeout
https://finance.yahoo.com/markets/article/magnificent-7-stocks-have-lost-2-trillion-so-far-this-month-driving-the-sp-500-decline-chart-of-the-day-100000483.html
https://finance.yahoo.com/markets/article/magnificent-7-stocks-have-lost-2-trillion-so-far-this-month-driving-the-sp-500-decline-chart-of-the-day-100000483.html
Yahoo Finance
'Magnificent 7' stocks have lost $2 trillion so far this month, driving the S&P 500 decline: Chart of the Day
The group has erased roughly $1.8 trillion in market value this month, while the rest of the S&P 500 is still holding up.
SpaceX is set for its mega debut. Here's what to expect.
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https://finance.yahoo.com/markets/stocks/article/spacex-ipo-set-to-price-thursday-night-ahead-of-friday-nasdaq-debut--heres-whats-next-101955450.html
Yahoo Finance
SpaceX stock jumps nearly 20% following largest IPO ever
SpaceX (SPCX) started trading on Friday following the biggest IPO ever.
US jobless aid filings rise to 229,000 last week, remain historically low despite Iran war headwinds
https://finance.yahoo.com/economy/articles/us-jobless-aid-filings-rise-123955040.html
https://finance.yahoo.com/economy/articles/us-jobless-aid-filings-rise-123955040.html
Yahoo Finance
US jobless aid filings rise to 229,000 last week, remain historically low despite Iran war headwinds
U.S. applications for jobless aid rose modestly last week, but remain at a historically low level despite economic headwinds brought on by the war in Iran. The number of Americans filing for unemployment aid for the week ending June 6 rose by 4,000 to 229…
SpaceX IPO expected to mint over 4,000 employee millionaires
https://finance.yahoo.com/markets/stocks/articles/spacex-ipo-expected-mint-over-124821901.html
https://finance.yahoo.com/markets/stocks/articles/spacex-ipo-expected-mint-over-124821901.html
Yahoo Finance
SpaceX IPO expected to mint over 4,000 employee millionaires
More than 4,400 current and former SpaceX employees stand to gain life-changing wealth as the rocket company prepares to debut on Nasdaq
U.S.-Iran hostilities escalate, $100,000 colleges and more: Morning Squawk
https://www.cnbc.com/2026/06/11/5-things-to-know-before-the-stock-market-opens.html?__source=androidappshare
https://www.cnbc.com/2026/06/11/5-things-to-know-before-the-stock-market-opens.html?__source=androidappshare
CNBC
U.S.-Iran hostilities escalate, Oracle's fundraising plans, $100,000 colleges and more in Morning Squawk
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#USMarketUpdate
Dow jumps 700 points, oil tumbles as Trump cancels evening strikes against Iran: Live updates
Live updates
U.S. equities gained on Thursday, boosted by a rebound in chip stocks after recent pressure, after President Donald Trump said that he has called off the strikes on Iran scheduled for this evening...
The producer price index increased 1.1% in May, the Bureau of Labor Statistics reported Thursday. That’s more than the 0.7% that economists polled by Dow Jones expected. Core inflation — which excludes volatile food and energy prices — stood at 0.4%, below the Dow Jones forecast for 0.5%.
The market was given momentum from a rebound in Micron Technology, Advanced Micro Devices and Intel. The iShares Semiconductor ETF gained 3%. The chip ETF was under pressure again this week following a 10% drubbing on Friday that’s called many investors to question whether the parabolic move in the sector was over. Intel was upgraded by Bank of America from underperform to buy on Thursday and the shares responded with a 4% gain.
Enthusiasm is building ahead of SpaceX’s debut on Friday, which could highlight the expected growth in the AI buildout. Although some traders believe the recent chip weakness is due to investors selling the stocks in their portfolios to make room for the IPO, which will be the largest debut ever at a roughly $1.8 trillion valuation.
Still, not all of tech was a bright spot Thursday. Shares of Oracle dropped 11% as the software giant announced plans to raise an additional $20 billion in equity and debt to pay for its artificial intelligence buildout.
Stocks fell during the previous session, thanks to another rout in the chip sector and a ramp-up in tensions with Iran.
https://www.cnbc.com/2026/06/10/stock-market-today-live-updates.html?__source=androidappshare
Dow jumps 700 points, oil tumbles as Trump cancels evening strikes against Iran: Live updates
Live updates
U.S. equities gained on Thursday, boosted by a rebound in chip stocks after recent pressure, after President Donald Trump said that he has called off the strikes on Iran scheduled for this evening...
The producer price index increased 1.1% in May, the Bureau of Labor Statistics reported Thursday. That’s more than the 0.7% that economists polled by Dow Jones expected. Core inflation — which excludes volatile food and energy prices — stood at 0.4%, below the Dow Jones forecast for 0.5%.
The market was given momentum from a rebound in Micron Technology, Advanced Micro Devices and Intel. The iShares Semiconductor ETF gained 3%. The chip ETF was under pressure again this week following a 10% drubbing on Friday that’s called many investors to question whether the parabolic move in the sector was over. Intel was upgraded by Bank of America from underperform to buy on Thursday and the shares responded with a 4% gain.
Enthusiasm is building ahead of SpaceX’s debut on Friday, which could highlight the expected growth in the AI buildout. Although some traders believe the recent chip weakness is due to investors selling the stocks in their portfolios to make room for the IPO, which will be the largest debut ever at a roughly $1.8 trillion valuation.
Still, not all of tech was a bright spot Thursday. Shares of Oracle dropped 11% as the software giant announced plans to raise an additional $20 billion in equity and debt to pay for its artificial intelligence buildout.
Stocks fell during the previous session, thanks to another rout in the chip sector and a ramp-up in tensions with Iran.
https://www.cnbc.com/2026/06/10/stock-market-today-live-updates.html?__source=androidappshare
CNBC
Stock futures slip after U.S. launches additional strikes against Iran, oil rises: Live updates
A rout in chip stocks and ramp-up in Middle East tensions pulled down the major averages on Wednesday.
Chief Market Strategist Gareth #Soloway analyzes the stock market and specifically the S&P 500, revealing it has has broken major support and formed a lower low — flashing a 70% probability of a cycle top. However, it is missing this one factor in technical analysis that would push probability to 80%. Are institutions artificially propping the market up ahead of tomorrow's highly anticipated SpaceX IPO? I am revealing the exact chart levels you must watch to see if this becomes an 80% confirmed market top.
Plus, we look at the catastrophic Oracle earnings drop, crude oil's impact on the ES futures bounce, and a hidden parallel trendline on Nvidia (NVDA) that could set up a major bounce play.
► Join Gareth's Top Squad: Get exclusive weekend videos, deep-dive insights, and real-time trade alert potential directly on YouTube! / @garethsolowayprotrader
► Master the Charts: Learn the exact technical analysis techniques and the Winning Trader Methodology I use to spot these levels at VerifiedInvesting.com
0:00 - S&P 500 Breaks Major Support & Lower Lows
1:32 - The 3 Stages of a Market Top Breakdown
4:27 - Join Gareth's Top Squad for Premium Alpha
4:58 - Crude Oil Prices & ES Futures Bounce
6:08 - The AI Trade Bubble & Oracle Earnings Crash
6:35 - Nvidia (NVDA) Secret Trendline Bounce Level
6:56 - S&P 500 "Scene of the Crime" Critical Retrace
⚠️ Disclaimer: This content is for educational and informational purposes only and is not financial advice. Always do your own research.
https://youtu.be/XOWfayVPs0k?is=riH0xvJNUy5aII1P
Plus, we look at the catastrophic Oracle earnings drop, crude oil's impact on the ES futures bounce, and a hidden parallel trendline on Nvidia (NVDA) that could set up a major bounce play.
► Join Gareth's Top Squad: Get exclusive weekend videos, deep-dive insights, and real-time trade alert potential directly on YouTube! / @garethsolowayprotrader
► Master the Charts: Learn the exact technical analysis techniques and the Winning Trader Methodology I use to spot these levels at VerifiedInvesting.com
0:00 - S&P 500 Breaks Major Support & Lower Lows
1:32 - The 3 Stages of a Market Top Breakdown
4:27 - Join Gareth's Top Squad for Premium Alpha
4:58 - Crude Oil Prices & ES Futures Bounce
6:08 - The AI Trade Bubble & Oracle Earnings Crash
6:35 - Nvidia (NVDA) Secret Trendline Bounce Level
6:56 - S&P 500 "Scene of the Crime" Critical Retrace
⚠️ Disclaimer: This content is for educational and informational purposes only and is not financial advice. Always do your own research.
https://youtu.be/XOWfayVPs0k?is=riH0xvJNUy5aII1P
YouTube
S&P 500 BREAKS SUPPORT! The 80% Top Signal & SpaceX IPO Trap
Chief Market Strategist Gareth Soloway analyzes the stock market and specifically the S&P 500, revealing it has has broken major support and formed a lower low — flashing a 70% probability of a cycle top. However, it is missing this one factor in technical…
SpaceX gets its first big price target
https://finance.yahoo.com/markets/stocks/article/oppenheimer-slaps-outperform-rating-on-spacex-190-price-target-ahead-of-market-debut-163237327.html
https://finance.yahoo.com/markets/stocks/article/oppenheimer-slaps-outperform-rating-on-spacex-190-price-target-ahead-of-market-debut-163237327.html
Yahoo Finance
Oppenheimer slaps Outperform rating on SpaceX, $190 price target ahead of market debut
Oppenheimer initiated coverage of SpaceX with an outperform rating and a $190 price target on Thursday, one day before the company begins trading on the Nasdaq under the ticker SPCX. The price target implies around 40% upside from the $135 IPO price, and…
#USMarketUpdate
Stock market today: Dow, S&P 500, Nasdaq rise after US completes fresh round of Iran strikes
Live updates
US stocks climbed after the US struck Iran in a major escalation of the war, setting up for a rebound from the market's latest sell-off as investors weighed the latest moves in the conflict...
The US's latest round of strikes against Iran ended swiftly, leading investors to hope once again that the conflict would soon be resolved, and oil (CL=F, BZ=F) prices had ticked lower after whipsawing higher Wednesday night.
Some of those losses were reversed, however, on Thursday morning, after President Trump said the US would be striking Iran again Thursday night, seizing control of Kharg Island, and taking "total control" of the country's energy sector, raising anxieties of a potential ground invasion.
In corporate news, Oracle (ORCL) reported earnings that beat expectations, but its stock sank on disappointing cloud sales and plans for an equity and debt raise.
On the economic data front, wholesale inflation for May came in higher than expected, the Bureau of Labor Statistics reported Thursday, right on the heels of May's consumer prices inflation report. Producer prices rose 1.1% in May over the previous month and 6.5% over the previous year.
Initial jobless claims for the week ended June 6 rose to 229,000, outpacing expectations of 220,000 claims. Continuing claims also rose to 1.795 million.
The main event of the week is Friday, with the expected market debut of Elon Musk's SpaceX (SPCX), which is poised to be the biggest IPO in history.
https://finance.yahoo.com/markets/live/stock-market-today-thursday-june-11-dow-sp-500-nasdaq-222511784.html
Stock market today: Dow, S&P 500, Nasdaq rise after US completes fresh round of Iran strikes
Live updates
US stocks climbed after the US struck Iran in a major escalation of the war, setting up for a rebound from the market's latest sell-off as investors weighed the latest moves in the conflict...
The US's latest round of strikes against Iran ended swiftly, leading investors to hope once again that the conflict would soon be resolved, and oil (CL=F, BZ=F) prices had ticked lower after whipsawing higher Wednesday night.
Some of those losses were reversed, however, on Thursday morning, after President Trump said the US would be striking Iran again Thursday night, seizing control of Kharg Island, and taking "total control" of the country's energy sector, raising anxieties of a potential ground invasion.
In corporate news, Oracle (ORCL) reported earnings that beat expectations, but its stock sank on disappointing cloud sales and plans for an equity and debt raise.
On the economic data front, wholesale inflation for May came in higher than expected, the Bureau of Labor Statistics reported Thursday, right on the heels of May's consumer prices inflation report. Producer prices rose 1.1% in May over the previous month and 6.5% over the previous year.
Initial jobless claims for the week ended June 6 rose to 229,000, outpacing expectations of 220,000 claims. Continuing claims also rose to 1.795 million.
The main event of the week is Friday, with the expected market debut of Elon Musk's SpaceX (SPCX), which is poised to be the biggest IPO in history.
https://finance.yahoo.com/markets/live/stock-market-today-thursday-june-11-dow-sp-500-nasdaq-222511784.html
Yahoo Finance
Stock market today: Dow surges 900 points, Nasdaq, S&P 500 surge after Trump calls off Iran strikes
US stocks tumbled amid reports that the US struck Iran hours after President Trump had pledged to do so, saying negotiations were taking "too long."
#USMarketUpdate
Wall Street indexes jump, Trump says strikes against Iran canceled | Reuters
SUMMARY
Oracle drops on forecasting spending plans above estimates
Chip stocks up after Wednesday declines
All eyes on SpaceX market debut Friday
Indexes: Dow up 1.9%; S&P 500 up 1.8%; Nasdaq up 2.5%
June 11 (Reuters) - U.S. stocks ended sharply higher on Thursday, with indexes extending gains after U.S. President Donald Trump said he canceled planned strikes against Iran, and on the eve of the market debut of Elon Musk's SpaceX.
The three major indexes registered their biggest daily percentage gains since April 8, when the U.S. and Iran agreed to a temporary ceasefire.
https://www.reuters.com/business/wall-st-futures-rise-tech-buying-middle-east-peace-hopes-2026-06-11/
Wall Street indexes jump; Trump says strikes against Iran cancelled
https://www.straitstimes.com/business/companies-markets/wall-street-indexes-jump-trump-says-strikes-against-iran-cancelled
Wall Street indexes jump, Trump says strikes against Iran canceled | Reuters
SUMMARY
Oracle drops on forecasting spending plans above estimates
Chip stocks up after Wednesday declines
All eyes on SpaceX market debut Friday
Indexes: Dow up 1.9%; S&P 500 up 1.8%; Nasdaq up 2.5%
June 11 (Reuters) - U.S. stocks ended sharply higher on Thursday, with indexes extending gains after U.S. President Donald Trump said he canceled planned strikes against Iran, and on the eve of the market debut of Elon Musk's SpaceX.
The three major indexes registered their biggest daily percentage gains since April 8, when the U.S. and Iran agreed to a temporary ceasefire.
https://www.reuters.com/business/wall-st-futures-rise-tech-buying-middle-east-peace-hopes-2026-06-11/
Wall Street indexes jump; Trump says strikes against Iran cancelled
https://www.straitstimes.com/business/companies-markets/wall-street-indexes-jump-trump-says-strikes-against-iran-cancelled