Stock Markets Rise for 4th Day
June 16,2026 10:55 AM EST
The S&P 500 was little changed on Tuesday, while SpaceX built on its monster post-IPO rally, after the Dow Jones Industrial Average climbed to a fresh record during the previous session thanks to a potential deal between the U.S. and Iran.
The 30-stock was propelled higher 298.49 points to open Tuesday at 51,969.52, supported by Goldman Sachs and Caterpillar. The blue-chip index scored a new all-time intraday high.
The much-broader index dipped 11.31 points to 7,542,98.
The NASDAQ fell 95.98 points to 26,598.99.
SpaceX popped 10%, adding to its sharp gains since going public last week. With its gains, SpaceX had at one point surpassed both
Microsoft and Amazon in market cap during the session. The company priced its initial public offering at $135. It last traded around $212.
Pakistani Prime Minister Shehbaz Sharif said that both sides have declared the termination of their military operations on all fronts, with an official signing ceremony to take place this Friday in Switzerland. A senior Trump administration official told media outlets that the memorandum of understanding was already signed electronically on Sunday.
Prices for the 10-year Treasury gained ground, lowering yields to 4.45% from Monday’s 4.47%. Treasury prices and yields move in opposite directions.
Oil prices weakened $3.78 to $76.97 U.S. a barrel.
Gold prices dulled $4.20 to $4,347.40 U.S. an ounce.
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