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June 11, 2025 - Stonks Gone Wrong Market Update
Manage episode 488216753 series 3669297
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Date: June 11, 2025. The S&P 500 halted its rally near record highs as major tech stocks faced declines. Voyager's stock sees increasing investor demand despite concerns over past space-tech IPO performances. Chime successfully priced its IPO at $27 per share, raising $864 million, exceeding initial expectations. Stock futures and the dollar dipped due to potential Trump tariffs, while oil prices rose. Additionally, consumer caution is impacting sales for the maker of Tommy Bahama. Social Security checks may see a 2.5% increase in 2026 amid ongoing inflation concerns. Powered by LabCat AI research tools.
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