European stocks rose as oil prices eased on geopolitical hopes, while telecoms fell due to SpaceX spectrum deal; STOXX 600 climbed 0.8% amid shifting inflation and bond yield concerns.
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.
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