US stock markets trade higher as investors react to two main developments: SpaceX’s market debut and easing oil prices tied to renewed optimism around a potential US-Iran peace deal. Multiple outlets report that SpaceX shares surge sharply in their Nasdaq debut, lifting investor sentiment and pushing the company’s valuation above US$2 trillion. Some accounts note that trading is mixed or volatile during the session, with indexes briefly moving into negative territory before ending positive.
In parallel, oil prices fall by more than 3% in coverage, with the decline linked to expectations of progress toward a resolution between Iran and the US. Reports also mention investors monitoring timing and related developments for a ceremony later in the week that is described as intended to help seal a US-Iran peace deal.
Beyond these factors, one source highlights that other sectors, including financial and chip stocks, also gain support from the positive market tone. Another notes attention on an upcoming Federal Reserve policy decision, indicating that expectations for monetary policy remain part of the broader backdrop for markets.
