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Dow jumps 350 points as SpaceX soars and Iran deal hopes grow

US stocks closed higher on Friday as investors welcomed signs of progress toward a potential peace agreement between the United States and Iran, while SpaceX’s blockbuster market debut added to positive sentiment across Wall Street. The Dow Jones Industrial Average rose 353.51 points, or 0.7%, to close at 51,202.26. The S&P 500 gained 0.5% to

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Business

No rate cut likely at Warsh’s first Fed meeting, but here’s what markets will watch

The Federal Reserve’s June policy meeting will mark a closely watched milestone for financial markets as newly installed Chair Kevin Warsh presides over his first Federal Open Market Committee (FOMC) gathering. The two-day meeting, scheduled for June 16-17, comes at a time when expectations for lower borrowing costs have largely evaporated amid persistent inflation pressures

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How new Fed Chair Warsh could influence gold market outlook

Gold prices have come under significant pressure in recent days, dropping close to the psychologically important $4,000 per troy ounce level for the first time since November 2025.  As the Federal Reserve prepares for its first meeting under new Chair Kevin Warsh, the precious metal finds itself at a critical juncture where monetary policy signals

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5 stocks under $10 Wall Street thinks are ready to run big

Several stocks trading below $10 are drawing fresh attention from Wall Street analysts, even as broader markets remain focused on mega-cap technology names. The appeal is not simply that these shares look cheap. Each company sits inside a larger investment theme, from quantum computing and voice AI to fintech automation, space imaging and electric aviation.

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Business

SpaceX IPO is done. Now comes the bigger question: A Tesla merger?

SpaceX SPCX has hit the market, but the buzz around it continues to remain with another question that is increasingly capturing Wall Street’s attention: could Elon Musk eventually merge his rocket company with Tesla?  The idea, once considered far-fetched, has gained traction among analysts, investors and even employees close to Musk’s businesses. In the run-up

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Business

This stock is a better pick than SpaceX for disciplined investors

SpaceX (SPCX) made history on Friday – raising $75 billion in the largest IPO “ever” – promptly gaining 19% in its Nasdaq debut. The frenzy is real, the story is compelling, but the valuation, hovering around the $2 trillion mark, is already priced for perfection. And for investors who prefer conviction over crowd psychology, there

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Dow futures rise 300 points: 5 things to know before Wall Street opens

US stock-index futures rose on Friday as traders moved back into risk assets, encouraged by hopes that a Middle East deal may ease the oil shock and by anticipation around SpaceX’s market debut. The mood was still fragile, with Iran yet to give final approval to any agreement and investors alert to whether a record

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Business

Hamster Kombat (HMSTR) price jumps 47% in a day: Here’s why the crypto is rising

Hamster Kombat (HMSTR) surged 47.6% in a single 24-hour period on June 12, 2026, reaching an intraday high of $0.0003841 before easing back to around $0.00026. The rally came just days after the token touched its all-time low of $0.0001264 on June 4, highlighting a sharp reversal in sentiment. What is causing the Hamster Kombat

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Business

SpaceX IPO about to go live: here’s how to buy SPCX

The countdown is almost over. SpaceX is set to begin trading under the ticker symbol SPCX after pricing its record-breaking initial public offering on Thursday. The company is selling 555.6 million shares at $135 each, raising approximately $75 billion and securing a valuation of about $1.8 trillion. Investor demand has been exceptionally strong ahead of

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Business

Bitcoin price prediction: JPMorgan flags BTC risk, miner revenue hits 2022 low

At the time of writing, Bitcoin price was around $63,752, recovering from a weekly low of $59,353 but still sitting 49.4% below its all-time high of $126,080 reached on October 6, 2025. The price is caught between a developing bullish pattern on shorter timeframes and a string of troubling macro and onchain signals that continue

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