NEW YORK (AP) — U.S. stocks are rising Friday after oil prices fell again, and SpaceX soared in its highly anticipated debut on Wall Street.
The S&P 500 added 0.4% and was heading toward the finish of its third winning week in the last four. The Dow Jones Industrial Average was up 382 points, or 0.8%, as of 2:30 p.m. Eastern time, and the Nasdaq composite was 0.3% higher.
Stocks got a lift from a 3.4% drop for the price of Brent crude oil to $87.29 per barrel, deepening its loss for the week. Oil prices have come down since President Donald Trump on Thursday called off his threat to launch strikes on Iran and said a potential deal with Iran may be imminent.
