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The Economic Times
The Economic Times
Business

US stocks: S&P, Dow edge higher on Mideast deal hopes; SpaceX debut in focus

SpaceX United States Elon Musk Mideast Nasdaq Donald Trump Middle East

The S&P 500 and Dow inched higher in choppy trading on Friday, buoyed by expectations for an imminent Middle East peace deal, while investors geared up for the market debut of Elon Musk's SpaceX, which is estimated to be Wall Street's biggest public listing in history.

U.S. President Donald Trump's comments on Thursday, which suggested that a deal to end the ‌Middle East conflict and ⁠reopen the crucial ⁠Strait of Hormuz could be signed as early as this weekend, lifted sentiment globally, even as Tehran said that a final decision was pending.

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