American Market Recap: Trump says post from Iranian foreign minister is "very positive"

Friday, 12 Jun, 2026 News Trump says post from Iranian foreign minister is "very positive" Iranian foreign minister Seyed Abbas Araghchi earlier wrote: The Islamabad Memorandum of Understanding has never been closer. Pending its finalization, the media should refrain from entering speculati Technical Analysis The USDCAD comes off the new highs for the year but prior highs stall the fall The USDCAD has been on its own moon mission since early May, rallying from 1.3549 to a new 2026 high of 1.4023 reached yesterday. While there have been periodic pullbacks along the way, the broader up Learn more News Starmer faces rising pressure as Burnham looms The UK Independent is reporting that UK PM Starmer is facing growing leadership pressure ahead of next week's Makerfield by-election. Andy Burnham is expected to win the seat and return to Parliament, Stocks SpaceX opens at $150 per share. We have lift-off. SpaceX opening price is at $150. That is down from the earlier indicative prices between $170 to $175 but still above the $135 IPO price. Recall that Cerebras IPO opened well above i News VP Vance: A lot of fake information about potential deal to reopen Strait/end Iran nuclear VP Vance is on the wires saying: Seeing a lot of fake information about a potential deal to reopen Strait and ending Iran's nuclear weapons program. HMMMM.. I thought those were two of the main goals News Iranian Foreign Minister says the memorandum of understanding has never been closer The Iranian Foreign Minister is saying that: The memorandum of understanding has never been closer The signing is pending its finalization He comments that the media should refrain from entering into Stock market update Tech stocks rally: Financial sector exhibits steady growth amidst mixed market signals Sector Overview The US stock market showcased a complex landscape today, with technology stocks primarily leading the way. The semiconductor sector saw significant momentum, thanks to some impressiv Stocks Headlines say that SpaceX shares open at $172 vs $135 IPO price...But I don't think so. There is some confusion. The headline says that SpaceX opened at $172 per share but a subsequent headline now reads that SpaceX is indicated at $170. I don't see price action and CNBC is muddling alo Learn more Stocks The broader US stocks indice are lower. What are the technicals telling traders? The broader U.S. stock indices rallied yesterday on optimism surrounding a reported ceasefire agreement in the Middle East. Today, however, markets gave back some of those gains after Iran appeared to

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