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Stock Market Whipsaws; SpaceX IPO Rockets, Oracle Dives: Weekly Review

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10:15 AM ET 06/12/2026

The stock market saw whipsaw action during the week, selling off in volatile fashion until President Donald Trump halted new Iran attacks and said a deal was close. The S&P 500 and Nasdaq tumbled to their 50-day lines before rebounding for slim gains as of Friday morning, right around key levels. The Dow Jones climbed solidly while the small-cap Russell…