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Stock Market Today: S&P 500, Dow Futures Gain Ahead Of SpaceX's Debut—Adobe, Lennar, CoreWeave In Focus

Benzinga·
Stock Market Today: S&P 500, Dow Futures Gain Ahead Of SpaceX's Debut—Adobe, Lennar, CoreWeave In Focus

U.S. stock futures rose on Friday, as the Nasdaq 100, S&P 500, and the Dow Jones indices advanced, following Thursday’s higher close. Investors are eyeing SpaceX ‘s debut under the ticker SPCX at  $135 per share , with options trading set to begin on Monday. The first few minutes are expected to be chaotic as market makers establish price discovery. Amid pushback against President Donald Trump ‘s assertions regarding an approved peace agreement, Iranian Parliament Speaker Mohammad Bagher Ghalibaf cautioned that " wrong strategies and impulsive decisions " could ignite a more expansive crisis. He warned that such actions risk devastating energy infrastructure, roiling global markets, and creating an "endless quagmire" that would last for years. Meanwhile, the 10-year Treasury bond yielded 4.44%, and the two-year bond was at 4.05%. The CME Group's FedWatch tool ‘s projections show markets pricing a 96.4% likelihood of the Federal Reserve leaving the current interest rates unchanged during June’s meeting. Index Performance (+/-) Dow Jones 0.55% S&P 500 0.30% Nasdaq 100 0.12% Russell 2000 0.50% The SPDR S&P 500 ETF Trust (NYSE: SPY ) and Invesco QQQ Trust ETF (NASDAQ: QQQ ) , which track the S&P 500 and Nasdaq 100, respectively, were higher in premarket on Friday. The SPY was up 0.36% at $740.39, while the QQQ advanced by 0.20% to $718.52. data-variant="card" data-news-mode="manual" > Read Also: Stock Market: Will S&P 500 Open Up Or Down Today? Stocks In Focus Adobe Adobe Inc. (NASDAQ: ADBE ) declined 4.91% despite posting upbeat financial results for the second quarter and raising its guidance for the full year. It also announced that CFO and Executive VP Dan Durn will depart the company on June 15. Steve Day , Senior VP of Corporate Finance and CFO of Adobe’s Customer Experience Orchestration business uni

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