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U.S. stocks opened higher: Dow Jones +0.42%, S&P 500 +0.5%, Nasdaq +0.5%. Oracle (ORCL.N) fell about 11% after the company said planned financing for the new fiscal year will double to $40 billion; Intel (INTC.O) jumped 7% after Bank of America upgra

2026-06-11

U.S. stocks opened higher: Dow Jones +0.42%, S&P 500 +0.5%, Nasdaq +0.5%. Oracle (ORCL.N) fell about 11% after the company said planned financing for the new fiscal year will double to $40 billion; Intel (INTC.O) jumped 7% after Bank of America upgraded the stock to Buy.

Other News
2026-06-11

U.S. producer prices accelerated in May as energy-driven inflation intensified. The Labor Department said May PPI rose 6.5% YoY — the largest gain since Nov 2022 — and 1.1% MoM; core PPI ex-food and energy rose 4.9% YoY. The report highlights that th

U.S. producer prices accelerated in May as energy-driven inflation intensified. The Labor Department said May PPI rose 6.5% YoY — the largest gain since Nov 2022 — and 1.1% MoM; core PPI ex-food and energy rose 4.9% YoY. The report highlights that the closure of the Strait of Hormuz has amplified energy-price shocks; with the conflict unlikely to be resolved in the near term, firms are passing higher energy and transport costs through to other goods and services. Combined with earlier May CPI showing the fastest increase in three years and signs of renewed labor-market momentum, the PPI release may reinforce market expectations of Fed rate hikes in 2026.
2026-06-11

Trump told Fox News the US had tried to supply weapons to the Iranian people to topple the Tehran regime. He said weapons were routed to Iran’s regional opponents — Kurdish forces — but accused them of keeping rather than distributing the arms, sayin

Trump told Fox News the US had tried to supply weapons to the Iranian people to topple the Tehran regime. He said weapons were routed to Iran’s regional opponents — Kurdish forces — but accused them of keeping rather than distributing the arms, saying the Kurds let us down and I will remember that. Trump added he initially opposed the plan because he suspected the Kurds would retain the weapons.
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