Stock Market Update

12-Jun-26 15:35 ET
Major averages on pace for weekly gains, small-caps outperform
Dow +340.55 at 51189.30, Nasdaq +35.09 at 25865.74, S&P +27.10 at 7421.40

[BRIEFING.COM] The major averages remain little changed from previous levels, keeping the indices on track for modest week-to-date gains. Meanwhile, the Russell 2000 (+0.9%) and S&P Mid Cap 400 (+0.8%) outperform on both a daily and week-to-date basis.

The Wall Street Journal reports that a deal between the U.S. and Iran is close, but upcoming negotiations will kickstart the toughest parts of nuclear negotiations.

Still, stocks were supported by optimism on the geopolitical front, with crude oil futures settling today's session $2.93 lower (-3.3%) at $84.88 per barrel.

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