CNBC Business News Update - Market Midday: Stocks Higher, Dow Hits Fresh Record High, Oil Prices Plunge, SpaceX Shares Up 10% 6/15/26

Episode Date: June 15, 2026

From Wall Street to Main Street, the latest on the markets and what it means for your money. Updated regularly on weekdays, featuring CNBC expert analysis and sound from top business newsmakers. Anchored and reported by CNBC's Jessica Ettinger. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

I'm Jessica Eddinger. CNBC, a record-setting afternoon on Wall Street on a U.S. framework deal with Iran that could possibly lead to an end of the war. Oil is down sharply. Major averages have hit intraday record highs, including the Dow just hitting a record. SpaceX topping its high from last Friday. Its shares are up more than 10 percent this afternoon. The Dow up 719 points, almost 1.5 percent. Boeing shares leading it higher. They're up on almost 5%. The S&P 500 index up 143 points, almost 2%. The NASDAQ up 780 points. That's just a tick higher than 3%. Chipmaker's shares are soaring micron up almost 10%. Advanced micro devices up almost 8%. Checking shares of Nvidia, they're up 3.5%. We've recovered from Oracle's earnings. We flawlessly executed the SpaceX IPO on Friday. You have the news this weekend as it relates to energy. I think what's unfolding

right now in front of our very eyes is you had a really significant correction in technology, and I think capital is going to go right back into that sector. That's Short Hills Capital, Steve Weiss on CNBC. Companies who shares have hit fresh all-time highs today include Concert Company Live Nation, Hilton, Marriott, Ralph Lauren, William Sonoma, Monster Beverage, MetLife, Morgan Stanley, United Airlines, Delta Airlines, Fed, Johnson controls applied materials, AMD, Jabil, KLA, Lamb Research, and Seagate. President Trump expected to sign the framework of a deal with Iran this Friday, giving Iran 60 days whether to choose to eliminate its nuclear weapons program, as told to CNBC by Vice President

J.D. Vance. That's fundamentally the choice the Iranians have to make. Do they want access to the world economy? If so, they're going to have to give up the long-term. nuclear ambition. If they don't want access to the world economy and they don't give up that ambition, they're never going to have the resources to rebuild it from where it is today. So it's a big win for the American people. And I think the Iranians fundamentally have a good choice here in front of them, whether to be a normal country or whether to be a country that continues to pursue a nuclear weapon, which they now have no capacity to do. Fox will buy streaming device maker Roku in a $22 billion deal. Bringing Roku.

of course, which still dominates the distribution of streaming services as a platform over others. The fire stick from Amazon comes in a distance second, for example. It's developed its own channel. It's developed a sale of ads. All of that now going to be part of Fox, which has distinguished itself by making a decision years ago to get out of the entertainment business, as you know, selling it to Disney and has been a sports and news focused company. That's CNBC's David Faber. Universal's Disclosure Day won the weekend box office. The Hollywood Reporter says it's Steven Spielberg's top grossing opening weekend domestically for an original feature beating out ET Jurassic Park and Raiders of the Lost Ark.

Wendy's has the banana frosty swirls in restaurants today. Jessica Eddinger, CNBC.