# Stock Market Today: Dow, S&P 500 and Nasdaq rise after latest wholesale inflation data and as tech sector rebounds ahead of SpaceX IPO; Oracle shares slide after earnings results; U.S. and Iran exchange strikes for second day

> **Open Intelligence Dossier** · First detected: 2026-06-11 17:26 UTC · Category: Business

## Executive Summary
SpaceX IPO and geopolitical shifts send markets into volatile rally mode

## Intelligence Brief
Major U.S. indices—Dow, S&P 500, and Nasdaq—rose after wholesale inflation data and a tech sector rebound, with SpaceX’s $75 billion IPO (SPCX) dominating pre-market attention. Oil prices dropped to two-month lows amid easing U.S.-Iran tensions, with Brent Crude at $92 and WTI at $89, as Trump announced a cancellation of strikes and signaled a peace deal. Outlets emphasize the dual drivers of the market surge: SpaceX’s IPO and geopolitical developments.


Reuters, Al Jazeera, and CNBC link the rally to Trump’s Iran deal announcement, while Forbes, Yahoo Finance, and CNBC focus on SpaceX’s market debut timing and valuation. Coverage does not yet specify the exact IPO debut time or SpaceX’s post-IPO performance. Watch for SpaceX’s official trading debut and its impact on tech stocks, as well as further updates on U.S.-Iran negotiations.


Oil price stability and the Federal Reserve’s response to inflation data (including PPI) will also shape near-term market movements. Oracle’s earnings reaction and broader tech sector trends remain key variables.

## Multi-Source Evidence Table
| Source Outlet | Headline | Verification URL |
|---|---|---|
| Bloomberg.com | Iran, Fed Take Market Spotlight Away From SpaceX Frenzy | [Source Link](https://news.google.com/rss/articles/CBMirAFBVV95cUxNWVRfTG5NaVdYUUFfUEJ6QS1jdXRXa2ZkOXUtdWdBNGIybWFZY3p5UGNlRjBpLTgyUFZBdEJGRFE3Zm95bTJZdkNjcFVteHVnand4ekl1QVcwbEJZejlQdzcwNXczNlA5V3hmVnk3d0VRRXNXLVN0Q1dpUzdpdk9rT081REQ1UFJiVUpWN0lYdGN4Ym15bkRRUHRDMWhaNmwxOFdNR3FNX0M3dnds?oc=5) |
| Fortune | You can ignore AI giants like SpaceX, but your 401(k) won’t | [Source Link](https://news.google.com/rss/articles/CBMinwFBVV95cUxOdmVrSnV2T2EybW9WRmJ6bmowTnNSTlczNHAtWUUtWGw5b1h6SjFjaG1QS2FLLUcwYVB0U1R3cHpiMkhBYkRFT0FPNTExbGVSSE56dFVYaEFpSmdNNWkyaV9LWE9JVWxpUkF5OU5KWVY0T3duZU5kUEtMQjhfSzIxWGRuTWNSRkhWbWVJQmYtOHlYYXZrUk1UVFIyalA2Qm8?oc=5) |
| Yahoo Finance | Space Stocks Got Crushed on SpaceX's Big Day. Is the Sell-Off a Warning or a Buying Opportunity? | [Source Link](https://news.google.com/rss/articles/CBMingFBVV95cUxQNHJkajJjMjlNckZ4aDM2M2hwZER2a2NRWnc0THBrSWkwYk00MHNxWk9DWXNEUkZTWGx0Rnh4SzZwQVQyWVd1bUJMYy1Kb2tpWUNQZUZJUmQ2NlNXWUVSUGdNZlZSMk1sRUpuaUxRSERYcG1laldlYVhRc3NXWWJlaWIwWmpXMU1USkZfYi03SUFSYlAwOXRVa3JjYVlGZw?oc=5) |
| Forbes | How Elon Musk Just Became The World's First Trillionaire | [Source Link](https://news.google.com/rss/articles/CBMiqAFBVV95cUxNYnR1UGo4ODZhX2JOWGFsQml3UGZPUU00ME1fdmNtV0J3ZG51WVp5NnBjSmZSVWZuX1pVZEZIZlFkOWlockVkSWtRQTZIWGM5UUZWemg0ZVI3THJGMW5tczJuUmRqMGdJa0dDeXlaZU5VT3ZVcEZ5YjlJVkdTdzFfTFliYlJHSnhQUTFoeDIwMjdQT1o4YkhYaXk1ZGlvM0JXMENWanVpQTk?oc=5) |
| Barron's | The Stock Market Survived the SpaceX IPO. What to Watch for Next. | [Source Link](https://news.google.com/rss/articles/CBMic0FVX3lxTFBSTkpHY1NFamFfeDlfcGR4VktuQVhUdmYxZmxEUmI5S09KS2xKUmJHYUZnWXB4ZmdTSVhkbzVDSDZWbWd0TFc1bjVuaks3SmZjMVh5am84bjF5dS1hYVQ1Z01nTHE4akt3TzNvQ3c0TURNNUU?oc=5) |
| Investor's Business Daily | Viking, Bloom Energy Lead Five Stocks Making Bullish Moves As Market Rebounds | [Source Link](https://news.google.com/rss/articles/CBMidEFVX3lxTFBqNzRCRHR0MHNjYTRickFUSDc3VWViaDFoYy11MmtHLWJkcWlPOWJMRkw3a3RKc3dWU2NHeS1STWZaVDBTaGVIemF6Q25TWXlsVnZxdzQ0Y1BZUWF4YVhSS1RPcW1jcDZVT2VEZmFKYU9WaG5C?oc=5) |
| Forbes | SpaceX IPO: What Time Does SPCX Debut On The Stock Market? (Live Updates) | [Source Link](https://news.google.com/rss/articles/CBMisAFBVV95cUxOdlVPS0FGN2dzNHhvUjhzMXFuczBBMWhiTl95aGloeUxsUWFSbGF2RWFuOGIzSWJMZ2NmSkZGRGtlMTBreWNJRlMweXRhZmItY3VYNU44NDBXWHBtQ2ZubGZ0WHlmTG9tQnZKeW9VUUI3TDNCeWZmVWhWWkVTc2ZyX0Rjdl9fTFgwM0MtY2FJM0RHdllYeGdCQnRIdVRGbDhVSU01RnptRlZITDM0MHF5Xw?oc=5) |
| CNBC | SpaceX's supersized starting valuation could limit future returns | [Source Link](https://news.google.com/rss/articles/CBMiowFBVV95cUxPaGtWYnRMeTlrVTJrRkEyc3lLV3Zxbnc3SXJnbGI3S2YweGtSeEZfTlBvY3daUEdQd0lpa1NydmVMWWY2dXhUV3QyblF5NGRKRk13eG5GdEdPY2ZVT3VRaklJeFE1Tk5tYktjbVZ4NUx5QXdOekxmV1FJcEtRcWtvVExfTHdlQ0xNRmY1cllDbWYwV0t3bWxZX3h5bFNoLVpLbjRN?oc=5) |
| CBS News | Elon Musk becomes the world's first trillionaire with SpaceX's IPO | [Source Link](https://news.google.com/rss/articles/CBMiekFVX3lxTE5uWWtHZ3NHTVdiOU4tb2JkQ3JfM0JFQ0hWMF9oQ05xYWVpUFI0X1FEZG9rOVFtZXR0RlMyMEh5REV4UzlBWFp1bWU5NEdVM2k0OXBzUy1Vd0hXemtXYktlQmJFdnBSQnRXSlJLMFdrZzhJMWFJYlU1SVRn?oc=5) |
| Yahoo Finance | Space stocks jump on SpaceX's massive $75 billion IPO | [Source Link](https://news.google.com/rss/articles/CBMirAFBVV95cUxORXdWa3ZZMGhrT0hYSFBSeHNuQTNMc2gzbGtQaVZaU3QydnRKOHpud0RCZjRQVVY5UU1veUNhT0VnNlBZNjJyNkR6RzJmV19Ib2FBTWhGbWhZM3kzbHJKSmpTZmY4NENBM2RYZ0pwMkRmZEpYS1RNUjFjcGZZaGZkaXZ2ZHVHdFhBdjdaZUhKUVMtaDAtbHoxcFRIYTRJczhCcmFLbU9sc0VVdEtP?oc=5) |
| Reuters | Stocks extend rally on Gulf breakthrough hopes, oil hits two-month lows | [Source Link](https://news.google.com/rss/articles/CBMigwFBVV95cUxPV1pjRmJPbG9FY2Q3ekpEY1dDQTI3aWU0MzdqR0tMbDdKNjdkWHNDRGk3TEdFbDVzeHBZODUyS20yNnpuWHR0N2xPRHFPWHN4QlA3QzNUM1BONlRJakJfdGpTOWYybHU2ZTBfM29JamNOc096OWgzd0FRa01GN1BWbzNraw?oc=5) |
| Al Jazeera | Stocks markets surge as Trump calls off strikes on Iran, touts peace deal | [Source Link](https://news.google.com/rss/articles/CBMitwFBVV95cUxNeTFuU2M0cHZheWpCaXhYZGliRXdsUm1FYURCWXcwOE1IZ2N1ME1zVklRZmtDTGE3aFo2ZHItMmhQVUFueUlhSlBFclEyUEEzcFJZeVVWSkR4d1V6MUZXN3JlbXRuVUlYZ2FvYlA4V1BvTGlKd19GNmJ6Z2NvU0F6S19vZmMxM3VkSjhzU0RjNkpRbWJNNlZUbmVHUl9ONXRLN0JhVlhHWWtkZDl4YW1KcUdBUjgzVWPSAbwBQVVfeXFMTVZLR1Z2NlRNNkU4Q0ZSNnBPX2ZMM0RYODBydzFIVWJJdU5RNktqOFdKU3RsSTN4SGQ5R0JtVzRPeDJVTDZTbDg2MjB3eGt4Mk0tQlJ3YVZZWWRTRTdJRDRKdHpRUnNvSTVMaVdWWERicUwyTU02N2tDVXJPS1FtM2xQYVZaLUg4T19qMzhMS2ZFUDNnd0VVal9yYzR) |
| CNBC | CNBC Daily Open: Markets score big as Iran war nears final whistle and SpaceX takes the field | [Source Link](https://news.google.com/rss/articles/CBMif0FVX3lxTE1odzdRYTFndm5uQU5iMlN1T1NWWnItQndodC1GN1REb19SQkRhOF9xUlJTUGN0dzk3QUotSUVQQlpxYWp5Q1Q0eWc2UXJId3ZuR0hOS0k2ZHdWcE9Ub21ZV2N1N2F3Vi02Vm44cTlUeXpPX0dDdHJzV3Fnd3pOSVHSAYQBQVVfeXFMTkUzMzRkYktySnBwUG9aMjR2U1I1Mkt3RTRmellCNFNFaHVYRE9ROEZLOHVfUTN3T3FoZGU4cmpTSGduTk1hNDExdEVQX1BvNjlOMEplemZKei1adkNaSXlNYjJ3aWhULU1xWG9sNHY1eGNFRHozTDZOdFhsMHFFUndpelMz?oc=5) |
| CNBC | Dow surges 900 points after Trump says U.S. will soon sign deal with Iran, oil falls | [Source Link](https://news.google.com/rss/articles/CBMid0FVX3lxTFB6UGRpbzFzYTdJajVPd0p1aTVIV0haSE5vblRKbTBmMVJPY0VyZ2U3cEF0dC15V3NpbWpRaTd3YUlENHlIQmNNX21nWXlYZVV0RmdIRkhXSVlKeHBrcXpFc3kxdndMUjByZlVEemY5bjZEd3FvUWRv?oc=5) |
| Bloomberg.com | Asian Stocks to Gain as Trump Signals US-Iran Deal: Markets Wrap | [Source Link](https://news.google.com/rss/articles/CBMitAFBVV95cUxQYWtJTzVNNVEtS1ExRnFlbzJzeUtPbEo4S1BZSUJRd0ZkUS1PUnFvZG9QMUFuV1lnYW9WSHpVakZsdnUzMGNZRS1OWHhSSEstaVBweWlwTzhFR3U3bEdjOUQxdEw5UUhoMTBOXzFRYl9kU0Z3NXU2TkVZWEl4TW15Ql9xVXVVajNlLWlQWS0tblNPY2c4SjhVMFVNRTFRaHItZUotQXIzZF9NTmVPamRjUGo2eWQ?oc=5) |

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*Canonical Source: https://pulse.byoviral.com/trend/2026-06-11/stock-market-today-dow-s-p-500-and-nasdaq-rise-after-latest-wholesale-inflation*