12
Jun
Stock Market News — June 12, 2026 — Morning Update — Last 12 Hours (Pacific Time)
SpaceX's historic $2 trillion IPO debut and surging 20% made Elon Musk the world's first trillionaire, while U.S.-Iran peace deal hopes sent European stocks to three-month highs, crushed oil prices, and triggered a sharp rotation—airlines soared while energy stocks like Equinor and Repsol plummeted.
9 min read