European equities closed higher on Friday, June 12. Germany's DAX rose 1.71% to 24,624.36; the UK's FTSE 100 gained 1.64% to 10,472.43; France's CAC 40 climbed 1.83% to 8,350.87; the Euro Stoxx 50 advanced 2.07% to 6,182.36; Spain's IBEX 35 jumped 2.66% to 18,777.42; Italy's FTSE MIB added 1.99% to 51,510.50.

Global banks are tightening financing and limiting new swap exposure for hedge funds long SK Hynix and Samsung Electronics after a year-to-date chip rally and rising volatility raised pullback risk. Citi, JP Morgan and Goldman Sachs have raised financing costs on equity swaps used to go long the two Korean names; banks have also cut deal sizes and narrowed eligible counterparties. Morgan Stanley is declining new swap trades in both stocks, and several smaller banks stopped taking new orders in the past two weeks. Banks still executing new business are vetting trades case-by-case; BofA, BNP Paribas and UBS have also increased swap financing costs and imposed size limits.

据华尔街日报：SpaceX高管提前抵达纳斯达克。