ChemBriefUS Stocks Rise After Oil Prices Ease, SpaceX Soars in Wall Street Debut
U.S. stocks advanced as oil prices eased on Iran deal hopes, while SpaceX surged in its Wall Street debut to reach a $2.1 trillion valuation.
apnews · 2026-06-13 13:26 UTC
U.S. stocks advanced as oil prices eased on Iran deal hopes, while SpaceX surged in its Wall Street debut to reach a $2.1 trillion valuation.
Global stocks rallied on Middle East peace optimism, pushing oil prices to two-month lows, while SpaceX prepared for a record $75 billion IPO and precious metals corrected after recent spikes.
Global markets anticipate SpaceX's record IPO and ECB rate hikes amid geopolitical tensions, while OPEC+ adjusts oil quotas and the World Cup boosts beverage demand.