Stock Market Today, June 15: SpaceX Surges at Midday After Blockbuster IPO
Key takeaways
- Space X extended its blockbuster IPO gains this morning.
- News that the U.S. and Iran have agreed on a framework for peace lifted major U.S. indexes this morning.
- Energy stocks lagged while artificial intelligence (AI), semiconductor, and travel stocks gained, as investors shifted to growth stocks.
Emma Newbery, The Motley Fool Mon, June 15, 2026 at 11:48 PM GMT+7 2 min read SPCX CL=F ^GSPC ^DJI WDC As of midday, the S&P 500 (SNPINDEX:^GSPC) rose 1.91% to 7,573.19, the Nasdaq Composite (NASDAQINDEX:^IXIC) jumped 3.00% to 26,666.03, and the Dow Jones Industrial Average (DJINDICES:^DJI) gained 1.41% to 51,922.03 as tumbling oil and a U.S.–Iran peace framework fueled a broad risk‑on rally.
Space X extended its blockbuster IPO gains this morning. Semiconductor names, including Micron Technology and Western Digital, advanced on AI optimism and risk appetite. In contrast, Fox tumbled on Roku acquisition plans despite the strong tape.
News that the U.S. and Iran have agreed on a framework for peace lifted major U.S. indexes this morning. The deal, set to be signed on Friday, includes plans to reopen the Strait of Hormuz and allow oil tanker transit to resume. Oil fell to its lowest level in three months, with WTI crude oil trading around $80 per barrel at midday.