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The Economic Times
The Economic Times

US stocks: Dow hits record high as oil slides; SpaceX shares soar

Dow SpaceX SP United States Oil Amazon Warsh Nasdaq Dow Jones Industrial Average US Federal Reserve

The blue-chip Dow touched an intraday record high on Tuesday as oil prices slid further on optimism around a U.S.-Iran peace deal, while SpaceX surpassed Amazon's market value to become the fifth-most valuable U.S. firm.

Shares of SpaceX climbedalmost 9.5%, helping the companyovertake Amazon's market value.

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