06/15/2026
Markets Close the Week on a Positive Note π
Stocks wrapped up a busy week in the green, with the S&P 500, Nasdaq, and Dow all finishing higher. Here are the highlights:
π SpaceX IPO stole the show β shares priced at $135, opened at $150, and surged roughly 20% above the IPO price on its debut.
π» Semiconductors continued to lead the tech sector, with AMD jumping over 4% after a Citigroup upgrade. The PHLX Semiconductor Index added 1.5% on the week.
π’οΈ Oil prices fell sharply (-3.3%) to $84.88/barrel amid reports that the U.S. and Iran may be nearing a peace agreement β good news for inflation and consumer spending.
π Broader participation was encouraging, with materials, small-caps, and mid-caps all posting solid gains β a sign that market strength is spreading beyond just big tech.
π¦ Bond yields ticked slightly higher on the day but finished the week lower, with the 10-year settling at 4.49%.
Overall, it was an encouraging week. Easing geopolitical tensions, a successful IPO, and continued strength in key sectors suggest investors are staying optimistic heading into the weekend.
As always, past market performance is not indicative of future results. Reach out to our team if you have questions about your tax strategy or financial planning needs.