Stock Market Update
12-Jun-26 14:30 ET
S&P 500 Gains as Seagate Surges on Target Hike, Trade Desk Advances on Publicis Settlement
Dow +377.42
at 51226.17,
Nasdaq +56.62
at 25887.27,
S&P +29.92
at 7424.22
[BRIEFING.COM] The S&P 500 (+0.40%) is in second place on Friday afternoon, up about 30 points.
Briefly, S&P 500 constituents Seagate Tech (STX 940.04, +71.95, +8.29%), Coherent (COHR 389.04, +25.46, +7.00%), and The Trade Desk (TTD 19.38, +0.48, +2.54%) pepper the top of the standings. JP Morgan upped their target to $920 (from $775) on STX today, while TTD rallies after reports that the company had settled its dispute with Publicis (PUBGY 26.17, +0.40, +1.55%) related to ad tech fees.
Meanwhile, EchoStar (SATS 111.78, -16.35, -12.76%) slides as space-related stocks show weakness amid SpaceX's (SPCX) IPO today.
