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How major US stock indexes fared Friday 6/12/2026

4:30 PM on Friday, June 12

U.S. stocks rose after oil prices fell again, and SpaceX soared in its highly anticipated debut on Wall Street

People visit a store to buy room air cooler, in Lahore, Pakistan, Friday, June 12, 2026. (AP Photo/K.M. Chaudary)

Pakistan's finance minister presents the country's next budget that hikes defense spending

1:29 PM on Friday, June 12

Pakistan's finance minister has presented the new budget to lawmakers, a draft that hikes defense spending by 18% while trimming funding for development programs and offering modest tax reliefs for salaried workers

FILE - Ethiopian Airlines planes are parked at Bole International Airport in Addis Ababa, Ethiopia, Monday, Feb. 11, 2019. (AP Photo/Ben Curtis, File)

Iran war is straining African airlines, industry body warns

12:06 PM on Friday, June 12

The war in Iran is driving up jet fuel prices, worsening supply strains for African airlines

Street musicians play music as a woman carries a dog on a sidewalk in northern Tehran, Wednesday, June 10, 2026. (AP Photo/Vahid Salemi)

Iranians endure war fatigue and soaring prices as conflict deepens domestic woes

12:00 PM on Friday, June 12

Iranians are living between confusion and exhaustion as the country and its economy are squeezed between war and multiplying crises at home

IEH Corporation Filed Form 10-K For Fiscal Year Ended March 31, 2026

12:00 PM on Friday, June 12

FILE - FTX founder Sam Bankman-Fried leaves Federal court on July 26, 2023, in New York. (AP Photo/Mary Altaffer, File)

Appeals court upholds FTX co-founder Sam Bankman-Fried's fraud conviction

11:30 AM on Friday, June 12

A federal appeals court has upheld the conviction of cryptocurrency entrepreneur Sam Bankman-Fried, rejecting arguments that his trial was unfair

A small motorboat passes anchored vessels in the Strait of Hormuz off Bandar Abbas, Iran, Thursday, June 11, 2026.(Amirhosein Khorgooi/ISNA via AP)

Analysis: Iran's stranglehold on Strait of Hormuz loosens as Gulf Arab oil reaches market

10:23 AM on Friday, June 12

Iran’s stranglehold on the Strait of Hormuz may be easing and its own oil problems now seem to be mounting

FILE - The company logo is shown on the grille of an unsold 2026 F-series pickup truck on the lot of a Ford dealership Sunday, Nov. 2, 2025, in Littleton, Colo. (AP Photo/David Zalubowski, file)

Ford recalls more than 250,000 Focus models because engines can stall unexpectedly

8:38 AM on Friday, June 12

Ford is recalling more than 250,000 vehicles that were incorrectly repaired under a previous recall meant to fix a problem that caused the engine to stall while driving

Newsom opens millions of dollars of voter-approved funding to help address Tijuana River pollution

3:06 PM on Thursday, June 11

Gov. Gavin Newsom announced Thursday he is deploying $46 million in voter-approved funding to help clean up the Tijuana River and the New River at the California-Mexico border

FILE - SpaceX's mega rocket Starship prepares for a test flight from Starbase in Boca Chica, Texas, Monday, Nov. 18, 2024. (AP Photo/Eric Gay, File)

Elon Musk's SpaceX is about to make its debut on Wall Street

6:53 AM on Thursday, June 11

Elon Musk’s rocket company SpaceX is set to make its debut on Wall Street Friday

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