P.M. Edition for June 11. After threatening more strikes against Iran this morning and then calling them off, President Trump said this afternoon that there’s <a href="https://www.wsj.com/world/middle-east/trump-threatens-new-strikes-on-iran-says-u-s-will-seize-its-oil-and-gas-markets-38996e77?mod=WSJ_WNPOD">an agreement to end the war</a>–although final details still need to be completed. Plus, Trump says he <a href="https://www.wsj.com/politics/policy/showdown-between-trump-and-congress-sinks-spying-bill-1dae3df8?mod=WSJ_WNPOD">plans to nominate Jay Clayton</a>, a top federal Manhattan prosecutor and former SEC chairman, as intelligence director. WSJ national security reporter <a href="https://www.wsj.com/news/author/yoko-kubota?mod=WSJ_WNPOD">Yoko Kubota</a> discusses why this move might help defuse a fight with Congress over a crucial spying tool. And SpaceX <a href="https://www.wsj.com/livecoverage/stock-market-today-dow-sp-500-nasdaq-06-11-2026/card/spacex-officially-raises-75-billion-in-record-breaking-ipo-t5v8TEdBcsthXAazNflu?mod=WSJ_WNPOD">officially sold $75 billion</a> worth of shares, making it the biggest IPO ever. Asset managers like BlackRock helped: The Journal learned that it put in an order to buy <a href="https://www.wsj.com/business/spacex-ipo-draws-at-least-5-billion-order-from-blackrock-12fcd29f?mod=WSJ_WNPOD">at least $5 billion worth</a> of SpaceX shares. Alex Ossola hosts.

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