US stocks end higher as SpaceX shares surge in market debut (opens original article in a new tab)

U.S. stocks closed higher as SpaceX shares surged in their debut, driven by optimism over potential U.S.-Iran peace talks and anticipation of Fed policy decisions.

• U.S. stocks ended higher on Friday with SpaceX shares surging 19.2% in its market debut
• Progress in U.S.-Iran peace talks and anticipation of Federal Reserve policy meeting influenced market sentiment
• Other space stocks like Rocket Lab and Intuitive Machines declined after SpaceX's debut