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U.S. Stocks Open Higher, SpaceX-Related Stocks Mixed, Virgin Galactic Plunges

2 hours ago

June 12: According to Bitget market data, U.S. stocks opened with the Dow Jones Industrial Average rising 0.59%, the S&P 500 climbing 0.2%, and the Nasdaq Composite trading nearly flat. Today marked SpaceX’s IPO, lifting its related stocks: Rocket Lab rallied 1.5% while Virgin Galactic slumped 14%. Large-cap tech shares opened relatively steady. Sharon AI fell 3.9% after the company inked a six-year computing power partnership agreement with NVIDIA (NVDA.O). CPO concept stocks continued their pullback, with AAOI down 2.02%, MRVL off 4.03%, and LITE declining 2.95%. Memory stocks also faced selling pressure, with MU down 3.36%.
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SpaceX's opening price indicator dropped from a high of $175 to $162

June 12: SpaceX’s opening price dropped from a high of $175 to $162, per market sources.

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US Vice President: Iranian people did not receive any cash and will not simply have their funds unfrozen by signing a deal or attending a meeting

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Iranian Foreign Minister Confirms Agreement Progress, Two Oil Prices Temporarily Fall

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