Wall Street ends up on Iran war peace deal hopes, SpaceX's historic debut

Wall Street ends up on Iran war peace deal hopes, SpaceX's historic debut

By Caroline Valetkevitch and Johann M Cherian

Fri June 12, 2026  

Third party sources saying that a peace deal was near bolstered the markets even though, as predicted, today’s SpaceX IPO made trading very choppy as the company was transformed into a $2T valuation. In fact, the huge IPO, the largest in fact in history, put the all too familiar rhetoric of peace in a few days on the back burner even though there was more positive sentiment today.  

Wall Street indexes jump, Trump says strikes against Iran canceled

Wall Street indexes jump, Trump says strikes against Iran canceled

By Caroline Valetkevitch and Joel Jose

Thu June 11, 2026  

With all the recent war news leaving nerves so frazzled, the indexes were playing things quite close to the vest until exactly 1:30 pm when there was a sudden and dramatic jump way up and stayed there the rest of the session. It must have been right then that Trump made the announcement to cancel the attack plans on Iran which were only hours away. The indexes recouped all of yesterday’s massive losses even if, as today’s expert put it, the metrics still show an oversold market.  

Wall Street indexes fall more than 1%, hit by tech, Iran war worries

Wall Street indexes fall more than 1%, hit by tech, Iran war worries

By Caroline Valetkevitch and Joel Jose

Wed June 10, 2026

The rout continues. With the greatest increase in recent military strikes in two months of the war (and more promised), uncertainty is the name of the game as more investors take more tech profits bringing the sector down 11% from the June 2^nd high. Sentiment today is that the war will continue likely until late summer. CPI coming in with more evidence that prices remain on the rise.  

Trump vows to respond to downed US helicopter

Trump vows to respond to downed US helicopter

By Caroline Valetkevitch and Twesha Dikshit

Tue June 9, 2026  

The big tech rebound lasted but a day. Upon hearing the news of the downed Apache helicopter in the Strait of Hormuz raising ever more doubts about a truce, all the indexes sank dramatically all morning until 1 pm. The Dow was down almost 600, the Nasdaq down a whopping 950, the S&P over 160. After 1 pm, the market began a steady rebound with tech recouping most of its losses and the Dow even managed to break into the black in the final few minutes. The VIX hit 19.8, its highest in two months (but still a far cry from the benchmark 30 that spells real trouble) but all eyes will now be on CPI coming Wednesday.  

S&P 500, Nasdaq rise as tech, chipmakers rebound

S&P 500, Nasdaq rise as tech, chipmakers rebound

By Caroline Valetkevitch and Sruthi Shankar

Mon June 8, 2026

After Friday’s devastating rout, today was a day for bargain hunting as investors picked up a lot more chip stocks. That combined with Israel and Iran agreeing to stop their attacks on each other for the time being boosted everything, the Dow up about 400, the Nasdaq almost 500 by 11 a.m. before all indexes began a steady decline with tech still closing in the black, the Dow losing all its gains plus 80. 

Wall Street ends sharply lower as chips slide, jobs data fuels rate hike fears

Wall Street ends sharply lower as chips slide, jobs data fuels rate hike fears

By Stephen Culp and Medha Singh

Fri June 5, 2026

The tech sector alone lost more than $1T in value today as all indexes plunged in a severe rout that hasn’t been seen in over a year. It was straight shot down the entire day with the Nasdaq losing over 1100 points and the S&P, which so very rarely reaches even a 100 point deficit did twice that today. The trigger was yet another case of very good news being taken as very bad news as today’s jobs report showed more than twice the number added than expected, thereby dousing hopes for a rate cut this year. Signs of a solid job market and resilient economy was, today anyway, not nearly as important as a rate cut.  

Dow claims record closing high, S&P 500 advances; chip selloff weighs on Nasdaq

Dow claims record closing high, S&P 500 advances; chip selloff weighs on Nasdaq

By Stephen Culp and Medha Singh

Thu June 4, 2026  

The Dow zoomed up big time wiping out yesterday’s losses by a considerable margin, mainly due to strong advances in healthcare and financials. The S&P also did well but the Nasdaq got slammed by a disappointing Broadcom report that sent the whole chip index down and had investors asking about AI, “Is this real? Are these valuations legitimate?” The index fell some 300 at open but recovered most of it by close.