Today: 11 June 2026
Browse Category

ASX:MIN.AX 17 January 2026 - 31 January 2026

Mineral Resources (ASX:MIN) share price drops 6% despite lithium guidance upgrade

Mineral Resources (ASX:MIN) share price drops 6% despite lithium guidance upgrade

Mineral Resources Ltd shares fell 6.3% to A$57.15 Friday after reporting a 29% jump in spodumene prices and raising lithium output forecasts. The S&P/ASX 200 dropped 0.65%, with lithium stocks hit hard as prices slid 11% in Asia. Net debt fell to about A$4.9 billion, and cash liquidity topped A$1.4 billion. Broker ratings diverged, with Macquarie upgrading to outperform and Jarden warning on costs.
31 January 2026
···

Stock Market Today

  • S&P 500, Nasdaq, Dow rise as chip stocks rebound amid inflation and geopolitical concerns
    June 11, 2026, 11:46 AM EDT. U.S. stock markets edged higher as chip stocks led gains, bouncing back from Wednesday's AI-driven selloff. The S&P 500 rose 0.51%, Nasdaq gained 0.61%, and the Dow Jones Industrial Average climbed 0.68%. Intel, Nvidia, and Micron Technology boosted tech indexes after steep declines pushed shares into correction territory. Oracle shares fell sharply on higher-than-expected capital spending forecasts and plans to raise up to $40 billion. Inflation worries persisted after the Producer Price Index for May jumped 1.1%, driven by soaring energy costs amid escalating tensions in the Middle East. President Donald Trump's threats against Iran heightened concerns over energy disruptions, influencing market caution. Traders closely monitored inflation data, geopolitical risks, and Federal Reserve policy for cues.

Latest articles

PureCycle Shares Fall After $395 Million Fundraise Raises Dilution Fears

PureCycle Shares Fall After $395 Million Fundraise Raises Dilution Fears

11 June 2026
PureCycle Technologies shares plunged about 16% Thursday after announcing a $395 million capital raise, including 17.66 million new shares at $8.21 and $250 million in 4.75% convertible notes due 2032, with proceeds mainly to repurchase existing 2030 notes; heavy dilution and future conversion risk drove the selloff, with the stock recently at $8.27 on high volume.
Dow Jones Recovers, Inflation Keeps Fed Jitters in Play

Dow Jones Recovers, Inflation Keeps Fed Jitters in Play

11 June 2026
Dow Jones rebounds 0.57% to 50,203.87 after Wednesday’s 1.9% slide, as investors buy AI and chip stocks despite U.S. producer prices jumping 6.5% annually—the biggest gain since November 2022—fueling inflation and Fed rate concerns.
S&P 500, Nasdaq, Dow edge higher as chip names catch a bid

S&P 500, Nasdaq, Dow edge higher as chip names catch a bid

11 June 2026
Oracle plunged 12.5% after projecting fiscal 2027 capital spending far above Wall Street estimates and planning to raise nearly $40 billion in debt and equity, dragging software stocks lower even as chipmakers fueled a partial tech rebound following Wednesday’s AI-led selloff, Reuters reported.
Go toTop