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NYSE:DT100 26 May 2026

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  • Australian Shares Slip as Miners Drag; Weekly Gain Expected
    June 18, 2026, 10:59 PM EDT. Australian shares fell 1.1% to 8,815 by midday Friday, led by a slump in mining stocks amid weaker iron ore prices and sluggish Chinese demand. BHP Group dropped 3.7%, Rio Tinto 3%, and PLS Group 5.3%, pressured by lower commodity prices and concerns over a severe El Niño event in 2026, which could intensify domestic inflation. Despite the dip, the market is poised for its second weekly gain, up 0.2%, supported by the Reserve Bank of Australia's pause on interest rate hikes and easing geopolitical tensions. U.S. futures were mixed following gains in the S&P 500 and Nasdaq, buoyed by optimism over a potential U.S.-Iran deal.

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Kardigan pops in first Nasdaq trading after $400 million IPO

Kardigan pops in first Nasdaq trading after $400 million IPO

19 June 2026
Kardigan surged 37.5% above its $16 IPO price to close at $22 after raising $400 million in an upsized Nasdaq debut, signaling renewed investor appetite for large biotech IPOs as the company advances three late-stage cardiovascular drug candidates.
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