On June 11, 2026, U.S. stock markets showed gains, driven by new data indicating a higher-than-expected rise in wholesale inflation. The tech sector experienced a rebound as SpaceX prepared for what could be the largest IPO ever. In contrast, Oracle's shares declined following disappointing earnings results, raising concerns about the high costs associated with AI technology. Concurrently, tensions escalated as the U.S. and Iran exchanged strikes for a second consecutive day.

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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

The U.S. stock market was up Thursday, as investors assessed fresh data showing wholesale inflation in May rose more than expected. SpaceX is expected to make its market debut on Friday, after it prices the largest IPO ever.

Last Updated:

June 11, 2026 at 11:31 AM ET

Thursday's top reads

Wholesale inflation surges again and keeps the pressure on businesses and the U.S. economy

The big question facing SpaceX investors: What are you really buying?

Micron, Intel drag the tech sector into a new bearish phase. Will the correction last this time?

Oracle’s stock slides after earnings, as the steep price of AI spooks investors

Read Original at MarketWatch →