Markets Optimistic on War Deal
Global stock markets continue to rise on hopes of a potential peace agreement in the Middle East, while oil prices have dropped to their lowest levels in two months amid near-term prospects of ending the war. U.S. President Donald Trump announced that a peace agreement could be signed over the weekend, with ongoing negotiations that may lead to significant progress, boosting market optimism. Meanwhile, SpaceX's shares recorded the largest initial public offering (IPO) in history, worth $75 billion, with the company's market value surpassing one trillion dollars, earning Elon Musk the title of the world's richest person.
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