#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

#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

While You Were Sleeping: 5 stories you might have missed, June 12, 2026

https://www.straitstimes.com/world/while-you-were-sleeping-5-stories-you-might-have-missed-june-12-2026

https://vt.tiktok.com/ZSQ5yho6G/

Iran says no final decision made on deal that Trump hopes could be signed soon
https://www.straitstimes.com/world/middle-east/iran-says-no-final-decision-made-on-deal-that-trump-hopes-could-be-signed-soon

Morning Briefing: Top stories from The Straits Times on June 12, 2026

https://str.sg/fWuQ

https://youtube.com/shorts/mbvSRZOezyo?is=UDAA6CvgdQHRWI7w

#WeekAhead by Investopedia, Yahoo Finance and Reuters
#Calendar by Investing.com
#Earnings by Earnings Whisper
#USMarketUpdate by Reuters, Investopedia, CNBC and Yahoo Finance
#TradingDay #MarketMind by Reuters
#MarketsWrap by Bloomberg
#SgMarketUpdate by Business Times
#HKMarketUpdate by Reuters and Trading Economics

AI has become latest US inflation problem with memory chips at ‘insane’ prices
https://www.straitstimes.com/business/economy/ai-has-become-latest-us-inflation-problem-with-memory-chips-at-insane-prices

Locked out of IPO, Asia investors find new ways to bet on SpaceX
https://www.straitstimes.com/business/locked-out-of-ipo-asia-investors-find-new-ways-to-bet-on-spacex

#HKMarketUpdate
Shanghai composite stock index set for first weekly gain in a month on Gulf ceasefire optimism
Jun 12, 2026, 13:08 GMT+8

China and Hong Kong stocks rebounded on Friday with the Shanghai Composite on track for its first weekly gain in a month, tracking broad gains in Asian markets after the United States cancelled its planned attack on Iran.
** By the lunch break, both China's blue-chip CSI300 Index 3399300 and the Shanghai Composite Index 000001 climbed 1.5%.
** Hong Kong benchmark Hang Seng HSI rose 2%. Hang Seng Tech HHSTECH advanced 1.7%
** Gold-related stocks (.CSI931238), rare earth 9930598 and defence sector (.CSI399959) led the gains, up 7.3%, 4.4% and 4%, respectively, by midday.

https://www.tradingview.com/news/reuters.com,2026:newsml_L4N42K09H:0-shanghai-composite-stock-index-set-for-first-weekly-gain-in-a-month-on-gulf-ceasefire-optimism/

#HKMarketUpdate
<Full-day Takeaway>HSI Up 468 pts; HSTI Up 49 pts; CHOW TAI FOOK Up over 15%; BANKCOMM, BANK OF CHINA Hit New Highs; Market Turnover Rises

http://www.aastocks.com/en/stocks/news/aafn-con/NOW.1528871/top-news/AAFN

#HKMarketUpdate
<H Shrs>HSI Rebounds 468 pts at Close; CHOW TAI FOOK Leaps 15% Post-Results; SMIC Turns South by 2%+

http://www.aastocks.com/en/stocks/news/aafn-con/NOW.1528883/top-news/AAFN

Singapore stocks continue rally on Friday, STI up 0.8%
https://www.businesstimes.com.sg/companies-markets/singapore-stocks-continue-rally-friday-sti-0-8

Daily Debrief: What Happened Today (Jun 12)
https://www.businesstimes.com.sg/international/daily-debrief-what-happened-today-jun-122

Stocks making the biggest moves premarket: Adobe, Rocket Lab, AMD, Carnival & more

https://www.cnbc.com/2026/06/12/stocks-making-the-biggest-moves-premarket-adbe-rklb-amd-ccl.html?__source=androidappshare

SpaceX IPO, U.S-Iran deal and more: Morning Squawk

https://www.cnbc.com/2026/06/12/5-things-to-know-before-the-stock-market-opens.html?__source=androidappshare

Small investors scrambled to get in SpaceX IPO, even with a 'stupid' valuation

https://finance.yahoo.com/markets/stocks/articles/spacex-shares-indicated-more-35-055903585.html

https://www.cnbc.com/2026/06/12/small-investors-scrambled-to-get-in-on-the-spacex-ipo-even-as-some-believe-the-valuation-is-stupid.html?__source=androidappshare

SpaceX’s Shotwell had IPO doubts for years, now she has a message for investors

https://www.cnbc.com/2026/06/12/spacex-coo-gwynne-shotwell-spcx-ipo.html?__source=androidappshare

Space stocks jump as investors clamor for any way 'to get long SpaceX'

https://finance.yahoo.com/markets/article/space-stocks-jump-on-spacexs-massive-75-billion-ipo-122907188.html

Tired of the SpaceX IPO Hype? Here Are 3 Space Economy Stocks to Buy Instead.
https://finance.yahoo.com/markets/stocks/articles/tired-spacex-ipo-hype-3-115000806.html

#FundFlow
U.S. equity funds record first weekly outflow in three weeks

https://finance.yahoo.com/markets/stocks/articles/u-equity-funds-record-first-113549551.html