US stock markets this week: Dow, S&P 500 and Nasdaq jump 0.7%; SpaceX becomes a $2.1 trillion giant (opens original article in a new tab)

US stock markets closed the week with gains as geopolitical tensions eased and oil prices fell, while SpaceX's stock debut boosted its valuation to $2.1 trillion.

• US stock markets rose 0.7% for the week due to easing geopolitical tensions and falling oil prices.
• SpaceX's stock debut surged 19.2%, valuing the company at $2.1 trillion.
• Oil prices dropped 3.4% as US-Iran peace talks progressed, easing inflation concerns.