U.S. Stocks Close Higher with All Three Major Indexes Up, Semiconductor Index Hits Record High, Intel Rises Over 10%
June 19: A U.S.-Iran peace agreement that reopened the Strait of Hormuz lifted U.S. stock markets on Thursday, according to data from Bitget. U.S. major indices closed higher Thursday: the Dow Jones Industrial Average rose 0.14%, the S&P 500 climbed 1.09%, and the Nasdaq Composite advanced 1.91%.
Semiconductor stocks led the rally, with the Philadelphia Semiconductor Index (SOX) surging 6.4% in a single session to hit a new all-time high. Key gainers in the sector included Intel (INTC), which jumped 10.64% following U.S. President Donald Trump’s announcement of a partnership between Apple and Intel; KLA Corporation (KLAC, +8.73%); Marvell Technology (MRVL, +7.27%); Taiwan Semiconductor Manufacturing Co. (TSM, +6.94%); and Qualcomm (QCOM, +6.17%).
Optical communication concept stocks also posted solid gains, with Astera Labs (ALAB) rising 11.31%, Corning (GLW) adding 11.13%, Credo (CRDO) climbing 9.02%, and Coherent (COHR) up 2.83%.
The storage sector performed strongly as well, with
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Anthropic has committed to closer collaboration with the White House to address model security risks
WASHINGTON – June 19 — According to The Washington Post, executives at Anthropic have submitted a proposal to U.S. Commerce Secretary Howard Lutnick, pledging closer collaboration with the White House and work to resolve security concerns that led to restrictions on the firm’s powerful Mythos and Fable AI models.
Sources familiar with the matter revealed Thursday that in ongoing remediation discussions, Anthropic has committed to improving communication with the Trump administration and addressing any security issues more swiftly moving forward.
Negotiations between Anthropic and Trump administration officials are progressing well, though no exact timetable for a definitive resolution is currently set, another source said. As of Thursday, the company’s co-founder and Chief Computing Officer Tom Brown and Head of Public Policy Sarah Heck are leading the talks with administration officials.
Representatives from Anthropic and the Commerce Department did not respond to requests for comm
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Standard & Poor's has awarded SpaceX a credit rating of "BBB" with a stable outlook
On June 19, S&P Global Ratings assigned a BBB credit rating to SpaceX (ticker: SPCX.O). The rating agency noted that while SpaceX’s launch and connectivity businesses have posted strong performance, these positives are balanced against substantial capital needs and uncertainty surrounding the company’s artificial intelligence segment.
S&P stated: “This rating does not incorporate SpaceX’s long-term plans—including moon landings, Mars missions, space-based data center builds, and a large-scale chip factory in Texas—since most of these initiatives are not yet quantifiable and fall outside our rating scope. That said, we observe that if these plans move forward, they could require future long-term financing.”
Additionally, S&P maintained a stable outlook for SpaceX, projecting that despite the firm’s extensive investment plans, its adjusted leverage ratio will remain below 2.0x. (Economic Daily)
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Trump Denies U.S. Paid $300 Billion to Iran
June 19: U.S. President Donald Trump took to his Truth Social platform to deny reports that the United States paid Iran $300 billion, branding the claim "fake news." "The U.S. has not paid Iran $300 billion – this is fake news!" Trump stated in his post. He added that America boasts "only success, low oil prices, and victory," pointing to the stock market as evidence of positive results, and blamed the Democratic Party for fueling what he called the propaganda.
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Analysis: Ethereum Breaks Below Channel Lower Trendline, Next Support at $1580
June 19 – Per analyst Alicharts’ analysis of Ethereum’s 1-hour candlestick chart, ETH has breached the lower limit of its original ascending channel, and the next key support level stands at $1,580.
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