Today: 11 June 2026
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NASDAQ:TACT 22 May 2026

China Closes Retail Access to Overseas Stocks

China Closes Retail Access to Overseas Stocks

China’s securities regulator ordered Tiger Brokers, Futu Securities International, and Longbridge Securities to wind down unapproved cross-border trading for mainland clients, citing illegal operations. Shares of Futu and Tiger parent UP Fintech plunged over 30% in U.S. premarket trading. Existing clients have two years to sell assets and withdraw funds, but cannot make new trades. Authorities plan to confiscate illegal gains.
22 May 2026
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Stock Market Today

  • Selective Insurance Group (SIGI) Nears 52-Week High, Outperforms Peers
    June 11, 2026, 3:08 PM EDT. Shares of Selective Insurance Group (SIGI) have risen 9.1% year-to-date, outperforming the industry's 2.9% decline and trading close to their 52-week high of $91.99. Analyst targets suggest a modest 2.4% upside potential, with seven analysts averaging a price target of $92.43. SIGI's forward price-to-book ratio stands at 1.61, above the industry average of 1.38, reflecting investor confidence. Earnings per share (EPS) projections show anticipated growth of 5.8% in 2026 and 13.4% in 2027, supported by improving revenue estimates. The company's trailing 12-month return on equity is 13.7%, outperforming the industry average of 6%. Strong underwriting discipline and effective rate increases in key segments contribute to SIGI's optimistic outlook amid competitive insurance market conditions.

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EchoStar Gains as SpaceX IPO Buzz Lifts SATS Shares

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EchoStar shares jumped 9.1% to $125.67 as investor focus on its $19.6 billion spectrum deals with SpaceX intensified ahead of SpaceX’s expected $75 billion IPO at a $1.8 trillion valuation, with analysts and traders viewing EchoStar as a key proxy for SpaceX exposure and regulatory approval boosting its asset story despite ongoing pay-TV and broadband declines.
MARA Stock Edges Higher After Bitcoin Holds Steady, Q1 Miss and AI Uncertainty in Focus

MARA Stock Edges Higher After Bitcoin Holds Steady, Q1 Miss and AI Uncertainty in Focus

11 June 2026
MARA surged 5.2% to $13.27 as bitcoin rebounded to $63,375, drawing investor focus after a sharp prior-session drop, even as Q1 net loss widened to $1.26 billion on lower revenue and bitcoin sales; the stock’s move reflects renewed risk appetite amid ongoing concerns over financial performance and the company’s pivot toward AI and data center infrastructure.
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