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Markets Reporter
Markets analyst covering stocks, bonds, commodities, and economic data.
Jonathan Brooks follows financial markets, investor sentiment, interest rates, and key economic indicators. His reporting explains market moves in plain language and connects daily trading activity to broader economic trends.
Crude prices fell after President Trump called off threatened strikes on Iran, easing the immediate supply-risk premium. Traders are still watching whether a U.S.-Iran deal materializes and whether oil flows through the Strait of Hormuz normalize.
SpaceX priced its IPO at $135 a share and expects SPCX to begin trading on Nasdaq on June 12. As of the latest check, Nasdaq listed SPCX as not trading, with no opening market price yet.
SpaceX shares are expected to begin trading June 12 under the ticker SPCX, according to SEC-filed IPO materials. The final IPO price is expected June 11, with the filing materials listing $135 as the indicative price.