<p>U.S. stock futures rose on Friday, as the Nasdaq 100, S&amp;P 500, and the Dow Jones indices advanced, following Thursday’s higher close.</p>



<p>Investors are eyeing <strong>SpaceX</strong>‘s debut under the ticker SPCX at $135 per share, with options trading set to begin on Monday. The first few minutes are expected to be chaotic as market makers establish price discovery.</p>



<p>Amid pushback against President <strong>Donald Trump</strong>‘s assertions regarding an approved peace agreement, Iranian Parliament Speaker<strong> Mohammad Bagher Ghalibaf </strong>cautioned that &#34;wrong strategies and impulsive decisions&#34; could ignite a more expansive crisis. He warned that such actions risk devastating energy infrastructure, roiling global markets, and creating an &#34;endless quagmire&#34; that would last for years. </p>



<p>Meanwhile, the 10-year Treasury bond yielded 4.44%, and the two-year bond was at 4.05%. The CME Group's FedWatch tool‘s projections show markets pricing a 96.4% likelihood of the Federal Reserve leaving the current interest rates unchanged during June’s meeting.</p>



<figure class="wp-block-table is-style-stripes"><table><tbody><tr><td><strong>Index</strong></td><td><strong>Performance (+/-)</strong></td></tr><tr><td>Dow Jones</td><td>0.55%</td></tr><tr><td>S&amp;P 500</td><td>0.30%</td></tr><tr><td>Nasdaq 100</td><td>0.12%</td></tr><tr><td>Russell 2000</td><td>0.50%</td></tr></tbody></table></figure>



<p>The<strong> SPDR S&amp;P 500 ETF Trust</strong> (NYSE:SPY) and <strong>Invesco QQQ Trust ETF </strong>(NASDAQ:QQQ), which track the S&amp;P 500 and Nasdaq 100, respectively, were higher in premarket on Friday. The SPY was up 0.36% at $740.39, while the QQQ advanced by 0.20% to $718.52.</p>



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<h2><strong>Stocks In Focus</strong></h2>



<h2>Adobe</h2>



<ul>
<li><strong>Adobe Inc. </strong>(NASDAQ:ADBE) declined 4.91% despite posting upbeat financial results for the second quarter and raising its guidance for the full year. It also announced that CFO and Executive VP <strong>Dan Durn</strong> will depart the company on June 15. <strong>Steve Day</strong>, Senior VP of Corporate Finance and CFO of Adobe’s Customer Experience Orchestration business unit, will serve as interim CFO.</li>
</ul>



<ul>
<li><strong>Benzinga’s Edge Stock Rankings</strong> indicate that ADBE maintains a weak price trend in the long, medium, and short terms, with a solid quality score.</li>
</ul>



<figure class="wp-block-image size-full"></figure>



<h2>RH</h2>



<ul>
<li><strong>RH</strong> (NYSE:RH) was 0.47% higher after reporting better-than-expected first-quarter financial results and raising its FY2026 sales guidance.</li>
</ul>



<ul>
<li><strong>Benzinga’s Edge Stock Rankings </strong>indicate that RH maintains a strong price trend in the short and medium terms but a poor trend in the long term, with a bad growth score.</li>
</ul>



<figure class="wp-block-image size-full"></figure>



<h2>Lennar</h2>



<ul>
<li><strong>Lennar Corp. </strong>(NYSE:LEN) was 2.74% lower after posting mixed second-quarter results after Thursday’s closing bell.</li>
</ul>



<ul>
<li><strong>Benzinga’s Edge Stock Rankings</strong> indicate that LEN maintains a weak price trend in the long and medium terms, but a strong trend in the short term, with a solid value score.</li>
</ul>



<figure class="wp-block-image size-full"></figure>



<h2>Friedman Industries</h2>



<ul>
<li><strong>Friedman Industries Inc. </strong>(NASDAQ:FRD) jumped 10.08% after posting a sharp increase in earnings per share in fourth-quarter results. It reported fourth-quarter net earnings of $9.2 million, or $1.30 diluted EPS, on sales of $191.8 million, up from $5.3 million, or $0.76 EPS, on $129.2 million a year prior.</li>
</ul>



<ul>
<li><strong>Benzinga’s Edge Stock Rankings </strong>indicate that FRD maintains a strong price trend in the short, medium, and long terms, with a moderate quality score.</li>
</ul>



<figure class="wp-block-image size-full"></figure>



<h2>CoreWeave</h2>



<ul>
<li><strong>CoreWeave Inc. </strong>(NASDAQ:CRWV) was up 3.61% as Nasdaq announced that it would be included in the Nasdaq-100 index, effective June 22.</li>
</ul>



<ul>
<li><strong>Benzinga’s Edge Stock Rankings </strong>indicate that CRWV maintains a weak price trend in the long and short terms but a poor trend in the medium term.</li>
</ul>



<figure class="wp-block-image size-full"></figure>



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<h2><strong>Cues From Last Session</strong></h2>



<p>Industrials, materials, and information technology stocks recorded the biggest gains on Thursday, while consumer staples and energy stocks bucked the overall market trend, closing the session lower.</p>



<figure class="wp-block-table is-style-stripes"><table><tbody><tr><td><strong>Index</strong></td><td><strong>Performance (+/-)</strong></td><td><strong>Value</strong></td></tr><tr><td>Dow Jones</td><td>1.86%</td><td>50.848,75</td></tr><tr><td>S&amp;P 500</td><td>1.75%</td><td>7.394,30</td></tr><tr><td>Nasdaq Composite</td><td>2.54%</td><td>25.809,66</td></tr><tr><td>Russell 2000</td><td>3.02%</td><td>2.921,03</td></tr></tbody></table></figure>



<h2><strong>Insights From Analysts</strong></h2>



<p><strong>Douglas Beath</strong>, Global Equity Strategist at Wells Fargo, maintains a “constructive outlook for equities.” This positive view is backed by robust corporate momentum, with S&amp;P 500 Index first-quarter earnings tracking growth of nearly 25%—well above initial consensus forecasts.</p>



<p>While technology remains the primary driver, Beath highlights that “the rally has broadened,” signaling that market moves are firmly supported by improved corporate fundamentals rather than mere sentiment.</p>



<p>Despite this strength, Beath advises investors to prepare for turbulence, reiterating that “volatility is likely to remain a feature of the market action.”</p>



<p>He projects that future market fluctuations will be driven by Federal Reserve policy uncertainty, AI capital spending, and geopolitical risks, such as the U.S.-Iran conflict.</p>



<p>Looking forward, Wells Fargo maintains a year-end S&amp;P 500 Index target of 7400–7600. Economically, while confidence is building that “Al can support future economic growth,” Beath views pullbacks not as a reason to panic, but rather as “buying opportunities”.</p>



<p>He recommends rebalancing into attractive ancillary sectors like Financials, Industrials, and Utilities.</p>



<h2><strong>Upcoming Economic Data</strong></h2>



<p>Here's what investors will be keeping an eye on Friday.</p>



<ul>
<li>June’s preliminary consumer sentiment data will be out by 10:00 a.m. ET.</li>
</ul>



<h2><strong>Commodities, Crypto, And Global Equity Markets</strong></h2>



<p>Crude oil futures were trading lower in the early New York session by 4.64% to hover around $83.63 per barrel.</p>



<p>Gold Spot US Dollar rose 0.27% to hover around $4,222.10 per ounce. Its last record high stood at $5,595.46 per ounce. The U.S. Dollar Index spot was 0.14% lower at the 99.7230 level.</p>



<p>Meanwhile, <strong>Bitcoin</strong> (CRYPTO: BTC) was trading 0.88% higher at $63,390.66 per coin, as per the last 24 hours.</p>



<p>Asian markets closed higher on Friday, as Australia's ASX 200, India’s Nifty 50, Hong Kong's Hang Seng, Japan's Nikkei 225, South Korea's Kospi, and China’s CSI 300 indices advanced. European markets were also higher in early trade.</p>



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<p><em>Photo courtesy: Shutterstock</em></p>

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<p>【Bulls vs. Bears】SpaceX's biggest-ever IPO is here — are you in? Share your bullish or bearish trades (equities and leveraged/inverse ETFs welcome) to boost your odds of winning!</p><p>Full rules in the pinned post under this topic</p><p>🎁 Rewards</p><p>· Live trade screenshot — top 5: SPCX-branded tumbler</p><p>· Top insight — 3 winners: baseball cap</p><p>· Top 5 by engagement: HK$10 stock cash coupon</p><p>· Original comment (30+ chars): 200 Task Coins *Genuine insights and real trades get priority — AI-generated content discouraged</p>

Biggest IPO Ever — SpaceX Rings the Bell on Nasdaq!

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<p>U.S. stock futures rose on Friday, with the S&P 500, Dow Jones, and Nasdaq 100 advancing. Investors are watching SpaceX's debut and geopolitical tensions involving Iran. Key movers include Adobe, which fell despite strong earnings; RH, up on better-than-expected results; Lennar, down on mixed results; Friedman Industries, surging on earnings growth; and CoreWeave, rising after inclusion in the Nasdaq-100. Wells Fargo maintains a constructive outlook, citing robust corporate momentum but warning of volatility driven by Fed policy and geopolitical risks.</p>

- U.S. stock futures rose, with the Nasdaq 100, S&P 500, and Dow Jones showing gains ahead of SpaceX's debut at $135 per share.  
- Concerns were raised by Iranian officials about potential crises stemming from U.S. policy, warning of impacts on global markets and energy infrastructure.  
- Analysts maintain a positive outlook on equities, predicting continued market volatility driven by Federal Reserve policies and geopolitical risks, with a target for the S&P 500 Index set between 7400 and 7600 by year-end.

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Stock Market Today: S&P 500, Dow Futures Gain Ahead Of SpaceX's Debut—Adobe, Lennar, CoreWeave In Focus