12 June 2026
Martin Gamble on US markets: OpenAI readies its blockbuster IPOThe S&P 500 was on track to log its first weekly pullback since March driven by a sharp sell-off in technology stocks, until President Trump cancelled strikes against Iran and signalled a deal could be announced soon.
This prompted a sharp turnaround for the major indices on 11 June with the S&P 500 gaining 1.7%, the Nasdaq Composite up 2.5% and...