U.S. Market Close | Investors Await Wallsh's Debut; Mixed Performance Across Major Indices, Dow Hits New High; SpaceX Surges 49% Post-IPO; Chip Stocks Under Pressure, Intel Drops Over 8%, AMD Falls More Than 7%; WTI Crude Oil Declines Nearly 5%

The Dow Jones Industrial Average rose 0.64%, reaching a new all-time high, while the Nasdaq Composite fell 1.15% and the S&P 500 declined 0.57%. Semiconductor stocks plunged, with the Philadelphia Semiconductor Index dropping 5.7% in a single day. Details of the U.S.-Iran peace agreement continue to emerge, pushing WTI crude oil futures below $75 per barrel intraday—the lowest level this year—and driving U.S. Treasury yields lower, with the 30-year yield closing below the 5% mark.

wallstreetcn06:43

Top 20 by Trading Volume | SpaceX rises for three consecutive days, surpassing Amazon in market capitalization to become the world's fifth-largest publicly traded company; Apple's 2027 product roadmap leaks; memory and optical communications sectors weake

On Tuesday, SpaceX, the most actively traded stock on U.S. markets, rose 4.83%, with trading volume reaching $66.704 billion. Since its Nasdaq listing, SpaceX shares have climbed for three consecutive days, surging nearly 50% above their initial offering price. The stock closed at $201.80 on Tuesday, up $9.30 or 4.83%. The company’s market capitalization reached $2.64 trillion, briefly surpassing both Amazon and Microsoft during the session and propelling it into the ranks of the world’s five most valuable companies just days after its public debut.

Global Market Update05:14

Why Is Nebius Stock Surging On Tuesday?

Benzinga02:09

Will computing power become the new oil? Exploring industry efforts to turn AI computing power into a tradable commodity

Will GPU computing power become the new oil? Unveiling the race in AI computing power futures. For decades, companies have relied on futures markets to hedge against operational uncertainty: airlines hedge fuel costs, farmers lock in crop prices, and manufacturers mitigate risks from fluctuations in metal raw material prices. Now, a startup aims to introduce this well-established financial instrument into the field of artificial intelligence. Silicon Data, a cloud data pricing service provider, has partnered with CME Group to launch the world’s first futures contracts benchmarked to AI computing power.

Global Markets UpdateJun 16 23:48

Databricks Launches General-Purpose AI Agent, Betting on the Enterprise AI Application Market

① Databricks has launched Genie One, an AI agent tailored for enterprise users, enabling employees to obtain answers from internal data and support decision-making; ② Databricks also simultaneously introduced Genie Agents and Genie App Builder, along with Genie Code, a coding-focused AI agent designed specifically for developers.

cls.cnJun 16 23:46

U.S. Markets Close | U.S. and Iran Reach Interim Agreement; Nasdaq Surges 3%; SpaceX Jumps Nearly 20% on Second Day of Listing; AI Trading Makes Strong Comeback as Storage Sector's Big Four Hit Record Highs, Micron Rises Over 10%; Oil Prices Plunge 5%, Go

On Monday, the Nasdaq Composite surged 3%, while the Dow Jones Industrial Average closed at a record high. SPCX jumped 20% in a single day, extending its strong performance following its IPO on Friday. Oil prices declined immediately after news of the agreement emerged, with WTI crude futures plunging more than 4% to settle at $81.49 per barrel—the lowest level in three months.

wallstreetcnJun 16 06:38