Global markets: Stocks rise as SpaceX makes market debut; oil slides on Gulf peace hopes

June 13, 2026

Global equities rose Friday, led by a surge in SpaceX’s market debut, which pushed its valuation past $2 trillion. Wall Street ended higher as investors weighed hopes for an Iran peace deal against the tangible boost from the successful IPO. Oil prices slid over 3% on renewed optimism for a resolution between Iran and the U.S.

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