Summary

• The S&P 500 rose a little over 0.6% over where it ended the previous week to close out the trading week ending on Friday, 12 June 2026, at 7,431.46.
• The lackluster result occurred despite the biggest ever Initial Public Offering in U.S. stock market history: the $2 trillion launch of SpaceX.
• The CME Group's FedWatch Tool foresees a quarter point increase in the Federal Funds Rate to a target range of 3.75-4.00% on 9 December (2026-Q4).

The S&P 500 (SPX) rose a little over 0.6% over where it ended the previous week to close out the trading week ending on Friday, 12 June 2026, at 7,431.46.

That lackluster result occurred