Public Markets 3 Hours

Last updated: July 10, 2026, 5:30 PM ET

Market Movers and IPO Buzz

U.S. stocks closed higher on Friday, buoyed by the successful debut of South Korean memory chip maker SK Hynix. The company's shares of $149, trading at $170 on the Nasdaq, signaling investor appetite for AI-related companies. The S&P 500 and Nasdaq are set for weekly gains, though the Dow is on track for a loss. Meanwhile, Menswear retailer Tailored Brands Inc. filed for its own IPO, aiming for a return to public markets. General Fusion, a Jeff Bezos-backed fusion energy startup, is also preparing for a Nasdaq debut, though its technology faces scrutiny FT Companies.

Commodities and Corporate Reporting

Oil prices rebounded this week following renewed military strikes in the Middle East and attacks on commercial ships in the Strait of Hormuz. Crude prices as shipping routes faced disruption. In corporate reporting news, Exxon Mobil Holdings Corp. has expressed support for a SEC proposal to replace mandatory quarterly financial reports with semiannual disclosures, a move that contrasts with the stance of most other respondents. Aston Martin's creditors, including Arini Capital Management and BlackRock, have formed a group to oversee the luxury carmaker's debt dealings. Precious metals, including gold and silver.