The U.S. says it is close to signing a peace deal that would end the three-month-old war with Iran, though terms have not yet been made public.
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U.S. forces shot down multiple Iranian one-way attack drones heading toward the Strait of Hormuz, a source familiar with the matter told Reuters on Friday, in the latest military flare-up even as Washington and Tehran cite progress in peace talks.
The United States and Iran signaled on Friday that an agreement to end their war was close, with a senior U.S. administration official saying both sides had agreed on a text and that Washington expects to sign an initial deal in the coming days.
The first day of SpaceX trading is over. Now, the parties begin.
U.S. President Donald Trump said the United States has reached a deal to end the war with Iran, but the agreement has not been finalized and he has disputed accounts that it favors Tehran.
A collective sigh of relief swept across Wall Street after trading for SpaceX’s landmark Nasdaq launch went smoothly, setting a new template for the trading firms and exchanges that are bracing for the giant IPOs of OpenAI and Anthropic later this year.
MSCI’s global equities index rose on Friday with Wall Street ending modestly higher as shares of Elon Musk’s SpaceX soared in their market debut, while oil prices fell more than 3% on fresh hopes for a peace deal between Iran and the U.S.
Japanese investors were willing to subscribe to more than 1 trillion yen ($6.2 billion) of shares in SpaceX’s record-breaking IPO, two sources familiar with the offering said.
The United Arab Emirates has agreed to unlock billions of dollars for Iran, four sources said, in a tactical shift after weeks of Iranian attacks on the wealthy Gulf Arab state during the U.S.-Israeli war with the Islamic Republic.
On Friday, Elon Musk’s image loomed large over Times Square from the giant TV screen of the Nasdaq stock exchange, as tourists outside snapped selfies, SpaceX investors in T‑shirts grinned at their newfound fortunes and news cameras jostled for position.