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SpaceX Stole the Show, but These Market-Moving Events Could Drive Stocks Next
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SpaceX Stole the Show, but These Market-Moving Events Could Drive Stocks Next

Markets Advisor Perspectives ✦ xCruzoAi 🇺🇸🇪🇸
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— Ai Summary —

SpaceX's blockbuster IPO dominated the week, but investors must watch other market-moving events ahead. SpaceX shares (SPCX) were priced at $135 with 555,555,555 shares offered; by Tuesday morning the company valued at more than $2.9 trillion briefly ranked as the fourth-largest U.S. company by market cap. The market now pivots to macro catalysts, including the first FOMC decision under new Fed chair Kevin Warsh later today. Oil prices cooled, with WTI under $80 a barrel as Brent held above, provoking thoughts on real rates versus inflation. Delta Air Lines reached record highs, while Micron's Q3 outlook is awaited on June 24, and Kroger hosts its AGM on June 25.

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