MarketsEquity MarketsThe BriefJun 12, 2026 – 12.03pmWant to get this in your inbox at lunchtime every weekday? Financial Review subscribers can sign up for The Brief newsletter here. Plus start your day with our Before the Bell newsletter and read a full wrap of the day’s news in Market Wrap.In today’s news, Australia’s sharemarket surges on the prospect of peace in the Middle East, Elon Musk raises $106 billion in a record-breaking float, and Victoria’s housing slump smashes stamp duty.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Latest In Equity marketsFetching latest articlesMost Viewed In Markets