S&P, Dow open higher on Mideast deal hopes; SpaceX debut in focus

The benchmark S&P 500 and the blue-chip Dow opened higher on Friday, underpinned by hopes for an imminent Middle East peace deal, while investors geared up for the market debut of Elon Musk's SpaceX, which is estimated to be Wall Street's biggest public listing in history.

The Dow Jones Industrial Average rose 300.0 points, or 0.59%, at the open to 51,148.73. The S&P 500 rose 16.6 points, or 0.22%, at the open to 7,410.85​, while the Nasdaq Composite dropped 26.3 points, or 0.10%, to 25,783.359 at the opening bell.

(Reporting by Johann M Cherian in Bengaluru; Editing by Shinjini Ganguli)

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This story was originally published June 12, 2026 at 6:34 AM.