Argus

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Jun 12, 2026

Summary

The major indices are solidly higher at midday on Friday, as investors are focused on headlines ranging from a possible peace deal in Iran, to inflation and interest-rate forecasts, to consumer sentiment, and, of course, to the SpaceX IPO. The SPCX shares started trading around noon and as of this writing are up 29% from the offering price of $150. All of the that is feeding the volatility machine, with the VIX Volatility index currently at 19 after being as high as 23 and as low as 17 earlier this week. Crude oil has also had a busy week, with the current price per barrel around $86 compared to a high around $95 and a low around $83 earlier in the week. And as a final nod to these bus