Stocks Rise as SpaceX Shares Begin Trading

U.S. stocks gained in midday trading after SpaceX shares began trading 11% higher than their IPO price.

Consumer Sentiment Improves Slightly in June but Remains Sluggish

The Michigan consumer-sentiment index bounced off its all-time low set in May to rise to 48.9 in the initial June reading, from 44.8 a month earlier.

Oil Below $90 a Barrel After Trump Cancels Iran Strikes