Stock Market Today: SPY, QQQ Rebound as Israel and Iran Halt Strikes; Oil Edges Higher

Tip Ranks
2026.06.08 20:23
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SPY and QQQ rebounded as Israel and Iran halted strikes, though tensions persist. Citi raised its S&P 500 year-end target to 8,100, while JPMorgan adopted a tactically cautious outlook. Brent crude rose 1% amid Strait of Hormuz disruptions. Intel surged on Alphabet's TPU order; Amazon partnered with Corning for data center fiber. Apple fell post-WWDC, while Tesla gained after filing for an autonomous vehicle permit in Nevada.