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BUSINESSJun 12 · 16:10 UTCWPLG LOCAL 10 MIAMIBy STAN CHOE, Associated Press

US stocks drift as oil falls and SpaceX debuts on Wall Street

US stocks showed mixed performance as oil prices declined and SpaceX debuted on Wall Street with an 11% surge. The S&P 500 and Dow rose slightly while the Nasdaq fell, with AI stocks experiencing volatility amid investor shifts toward new IPOs. Oil prices dropped after President Donald Trump called off potential Iran strikes, easing fears of supply disruptions.

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