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Market sources indicate that several studios within Microsofts (MSFT.O) Xbox gaming division, such as Compulsion Games and Double Fine, are in active discussions regarding a potential spin-off.
June 16th - U.S. stocks closed Monday with the Dow Jones Industrial Average up 0.9%, the S&P 500 up 1.66%, and the Nasdaq Composite up 3.07%. SpaceX (SPCX.O) surged nearly 20%, pushing its market capitalization above $2.5 trillion. Nvidia (NVDA.O) rose over 3%, and Oracle (ORCL.N) climbed over 4%. The Nasdaq China Golden Dragon Index closed up 0.3%, and iQiyi (IQ.O) gained nearly 2%.
The Reserve Bank of Zimbabwe lowered its policy rate from 35% to 30%.
On June 16, Israeli Prime Minister Benjamin Netanyahu said on June 15 that Israel "does not know" the specific contents of the agreement reached between the United States and Iran. Netanyahu stated that regardless of whether an agreement is reached, "Iran will not possess nuclear weapons." He also said that the Israeli attack caused "enormous damage" to Iran.
Hang Seng Index futures closed down 0.13% at 24,799 points in overnight trading, a discount of 44 points.