US stocks: S&P, Dow edge higher on Middle East deal hopes; SpaceX debut in focus (opens original article in a new tab)

US stocks edged higher on Middle East peace deal hopes and anticipation for SpaceX's IPO, which is set to be the largest in Wall Street history with a $1.75 trillion valuation, though some space stocks declined ahead of the debut.

• US stocks rose on hopes for a Middle East peace deal and SpaceX's market debut
• SpaceX's IPO is expected to be the largest in Wall Street history with a valuation of $1.75 trillion
• Some space stocks declined ahead of SpaceX's debut, while others rose due to investor anticipation
• Analysts caution about SpaceX's financial fundamentals despite its high valuation