Dow Jones Top Markets Headlines at 5 PM ET: Indexes Settle Higher as SpaceX Soars in Trading Debut | Consumer ...

Indexes Settle Higher as SpaceX Soars in Trading Debut

It wasn't all SpaceX in markets today. A big gain in financial stocks boosted the Dow Jones Industrial Average. The blue-chip index added 0.7%. The S&P 500 rose 0.5%. The tech-heavy Nasdaq advanced about 0.3%.

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Consumer Sentiment Improves Slightly in June but Remains Sluggish

The Michigan consumer-sentiment index bounced off its all-time low set in May to rise to 48.9 in the initial June reading, from 44.8 a month earlier.

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Oil Below $90 a Barrel After Trump Cancels Iran Strikes

Brent and WTI benchmarks extended losses from the previous session after the U.S president said a peace deal could be reached within days.

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Germany's Bundesbank Cuts Growth Expectation, Raises Inflation Forecast as War Drags On

The central bank expects German inflation on an EU-harmonized basis to climb to 2.9% this year, considerably higher than the 2.2% it anticipated in December.

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U.K. Economy Contracted in April After Strong Start to Year

GDP fell by 0.1% following an increase in March, with the fallout from the Iran war set to further weaken activity.

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Everything You Need to Know About the SpaceX Trading Debut

Shares in Elon Musk's rocket maker are set to begin trading at midday Friday.

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Bank of Japan Poised to Raise Rates to 31-Year High

Japan's central bank is widely expected to raise interest rates to 1% to counter the price shock stemming from the Middle East conflict.

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Everyone Loves Chinese Cars, Except the Chinese

The world is applauding the latest Chinese vehicles and sales are surging almost everywhere the cars are available. The one exception: China itself.

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Week Ahead for FX, Bonds: Fed, BOE Among Slew of Central Bank Decisions

The Fed and BOE are both expected to leave rates unchanged but the focus is on whether they will leave the door open to the possibility of hikes later this year.

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Bank of Korea Governor Signals Readiness to Raise Rates as Inflation Risks Mount

Gov. Shin Hyun-song 's remarks will likely reinforce market expectations that the central bank will resume tightening as soon as next month.

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Trump Says Iran Deal Is Close but Tehran Says No Decision Has Been Made

The president pulled back from threats just hours earlier to launch more military strikes and seize Iran's oil infrastructure.

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The Global Economy Is Threatened Again by Trade Imbalances

Deficits and surpluses will be on the agenda at next week's G-7 meeting in the French Alps.

(END) Dow Jones Newswires

June 12, 2026 17:15 ET (21:15 GMT)