USA: Stocks Rise on SpaceX Debut and Iran Hopes.

US stocks rose on Friday as SpaceX’s strong market debut boosted sentiment and investors remained optimistic about a possible peace agreement between the US and Iran. The S&P 500 gained 0.5%, the Nasdaq rose 0.3%, and the Dow Jones advanced 0.7%. SpaceX opened on the Nasdaq at $150 per share, above its $135 IPO price, and surged more than 20% shortly after trading began before closing 19% higher at $161.11. The rally lifted confidence across markets, with some investors viewing other shares as undervalued. Nvidia was slightly higher, while AMD and Alphabet gained 4.7% and 0.5%. Broadcom, Palantir, Amazon and Meta closed lower. Markets briefly weakened after President Trump warned Iran to “get their act together,” but sentiment improved after reports suggested progress toward a US-Iran agreement. Iranian media said the draft deal includes lifting oil sanctions and reopening the Strait of Hormuz, and reports indicated a potential signing could take place in Switzerland as soon as Sunday.