Asia stocks up, oil down on Mideast deal hopes (opens original article in a new tab)

Asian stocks rose and oil prices fell as US President Trump withdrew threats of strikes against Iran, with hopes for a Mideast deal. Elon Musk's SpaceX prepared for its historic IPO.

• Asian stocks rose after US President Trump withdrew threat of strikes against Iran
• Oil prices fell as market hopes for a Mideast deal increased
• Elon Musk's SpaceX prepared for largest IPO in history