Stocks Surge On Potential End Of War… And Countdown to SpaceX Public Debut 6/11/26

CNBC's "Fast Money"

CNBC

Business, News, Investing

3.9 • 1.3K Ratings

🗓️ 11 June 2026

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

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Summary

Markets rally after Trump decides to cancel strikes against Iran, and says a peace deal is near. The latest out of the Middle East, and how the traders are positioning into the end of the week. And all eyes are on SpaceX with just hours to go until the blockbuster IPO. Plus, why Oracle is tumbling post-earnings, all the details from Lennar’s earnings report, and why stakeholders in Madison Square Garden are rooting for the Knicks. Fast Money Disclaimer

Transcript

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0:00.0	Live for the NASDAQ market site right here in the heart of New York City's Times Square,
0:05.0	this is fast money.
0:07.1	Here's what's on tap.
0:08.4	A Trump-infused stocks surge markets ripping higher as the president canceled planned evening strikes against Iran and says,
0:16.5	again, that a peace deal or a deal of a deal is at hand what we're hearing out of the Middle East ahead.
0:23.2	And just hours to lift off.
0:25.4	SpaceX set to debut right here at the NASDAQ tomorrow.
0:29.3	We have got the latest details on this blockbuster IPO.
0:33.0	Everything you need to know and maybe some things you don't about the first trade.
0:37.4	Plus, an Oracle hangover.
0:39.3	The Chartmaster bets on a bounce in the gold miners and how the Knicks championship run is not only giving fans a surge, but a stock as well.
0:50.3	Hey everybody, I am Brian Sullivan and for Melissa tonight. Coming to you live from Studio B right here at the NASDAQ.
0:56.6	And on your desk tonight, Karen Feinerman, Carterworth, Bono and Eisen, and Stu Kaiser, head of equity trading strategy at City.
1:05.4	Welcome, everybody. Big show. And let's begin with the powerful stock market surge that we saw late day.
1:13.3	The rally coming as President Trump canceling this evening's threatened strikes on Iran,
1:18.5	indicating that a peace deal or a framework of a deal may indeed be near.
1:24.8	The Dow, NS&B rallying almost 2%. The NASDAQ, soaring more than 2.5%. The S&P 500 and
1:32.8	NASDAQ, both today, wiping out yesterday's steep losses. And take a look at oil. It dropped,
1:40.2	it was down already, but it dropped sharply right before the close.
1:52.8	Crude is now in the mid-80-dollar range after trading in the 90s earlier in the session and 112 two months ago.
1:56.3	Let's start off tonight by getting all the breaking developments.
1:57.7	They are fast moving.
	...

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