**Good morning, AssetHawk community!** ☀️ Here's your Friday, June 12, 2026 morning market briefing.16
### Wall Street Recap (June 11 Close)
Risk assets roared back yesterday on de-escalation signals in the Middle East:
- **Dow Jones**: 929 points ( 1.86%) to **50,848.75**
- **S&P 500**: 1.75% to **7,394.30**
- **Nasdaq**: 2.54% to **25,809.66**
**Key driver**: President Trump announced canceled strikes on Iran and progress toward a potential diplomatic agreement, easing geopolitical fears. Oil plunged, yields eased, and volatility dropped sharply. Tech, industrials, and materials led the charge; energy lagged.1231
### Overnight / Premarket Snapshot
Futures are **mixed** this morning ahead of the historic **SpaceX IPO** ($SPCX) — expected to be one of the largest ever:
- Dow futures: modestly higher (~ 0.1%)
- S&P 500 futures: slightly softer
- Nasdaq 100 futures: under pressure
**Consumer Sentiment** (U. Michigan preliminary June): Jumped to **48.9** (from 44.8), showing some relief from lower gas prices.9
### Commodities & Currencies
- **Oil (WTI)**: Down sharply to the mid-$86 range after the de-escalation news (settled ~$87.71 yesterday).77
- **Gold**: Hovering around **$4,200–$4,210/oz** — pulled back from recent highs amid shifting risk sentiment.68
- **Bitcoin**: Trading near **$63,000–$63,500**, showing resilience.46
- **DXY (US Dollar Index)**: Around **99.7–99.8**, modestly softer.55
### What to Watch Today
- **SpaceX debut** on Nasdaq massive attention on this milestone IPO.22
- Economic calendar relatively light, but ongoing focus on inflation data, Fed path, and any further Middle East headlines.
- Earnings and sector rotation flows will matter as markets digest yesterday’s relief rally.
**Bottom line**: Yesterday’s move highlights how quickly sentiment can shift on geopolitics. Today’s focus is on whether the rebound has legs or if profit-taking sets in, especially with the high-profile SpaceX listing injecting fresh volatility
Stay sharp, manage risk, and let’s navigate these markets together. What are you watching this morning? Drop your thoughts below! 🚀
#AssetHawk #MorningBrief #Markets #SpaceXIPO
*Not financial advice — for informational purposes only.