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- Gold, silver rates today: Comex gold rebounds $154/oz, silver gains $4 on Middle East peace hopes
Precious metals rose on 12 June amid hopes for a US-Iran peace deal, with gold futures jumping $154 to $4,267. Despite gains, gold faces a second weekly loss, while silver surges $4.
- SpaceX shares rise 11% on Nasdaq debut for market cap just shy of $2 trillion
The SpaceX stock opened for trading at $150 compared with the IPO price of $135 per share.
- SpaceX makes Nasdaq debut at $150, lists at 11% premium to IPO price; Musk becomes world's first trillionaire
SpaceX made a historic Nasdaq debut on June 12, listing at $150, an 11% premium to its issue price. It became the sixth-largest public company in the US and is set to lead in AI technology, shifting focus from rocket launches to infrastructure deals.
- Pulse of the Street: Friday surge helps markets close volatile week in green
Market participants agreed that easing geopolitical risk is positive, but remain divided on whether India can outperform in the near term.
- Wall Street rises on Middle East peace optimism as SpaceX rallies 29% in historic debut
At 12:15 p.m. ET, the Dow Jones Industrial Average rose 0.76%, the S&P 500 gained 0.51%, the Nasdaq Composite gained 0.27%