1. Major US stock indices surged significantly, driven by news of a potential US-Iran peace deal and cancelled strikes, impacting oil price drops and a rise in gold and silver.
2. SpaceX priced its IPO at $135.00 per share, with reports of substantial retail investor subscriptions, prompting a surge in related stocks like Virgin Galactic.
3. Market expectations for a Fed interest rate hike have shifted from December this year to January next year, no longer fully pricing in a hike for the current year.
US Stocks Rally, Iran Deal Nears, Fed Hike Expectations Shift