What’s News in Markets: AI Whiplash, SpaceX’s Historic IPO, Knicks Fever

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  Hey listeners, your money briefing is still on a break,

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  but we'll be back with more personal finance information for you in the future.

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  Until then, here's the news moving the markets this week.

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  Hey listeners!

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  It's Saturday, June 13th.

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  I'm Imani Moise for The Wall Street Journal.

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  And this is what's news in markets.

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  Our look at the biggest stock moves of the week and the news that drove them.

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  Let's dive in.

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  Markets went on a rollercoaster ride this week.

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  The Dow suffered its worst day of the year on Wednesday after escalating

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  conflict in the Middle East raised concerns that higher oil prices could reignite inflation.

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  But less than 24 hours later, sentiment flipped.

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  On Thursday, President Trump said he was canceling planned

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