Stocks Mixed, Iran Tensions Linger; SpaceX Eyes IPO
Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
U.S. stocks ended Thursday mixed, with the S&P 500 and Nasdaq closing higher, while the Dow dropped slightly. The market rebounded from early dips due to calming diplomatic vibes from the Middle East, following President Trumps tough talk on Iran. Utilities led the gains, while consumer discretionary took a hit due to Teslas weak delivery numbers. Private credit faced uncertainty as Blue Owl limited withdrawals from retail funds. SpaceX filed for a U.S. IPO, aiming for a $1.75 trillion valuation, and Globalstar shares surged on Amazon buyout rumors. Markets await Fridays nonfarm payroll data, with the long weekend keeping traders on edge.
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