U.S. stock futures edged higher Friday as investors looked ahead to SpaceX’s historic Nasdaq debut and welcomed signs of easing tensions between the U.S. and Iran. Dow futures gained 0.1%, S&P 500 futures rose 0.2%, and Nasdaq 100 futures added 0.3%. SpaceX priced its IPO at <strong”401″>$135 per share, raising a record $75 billion through the sale of 555.6 million shares and valuing the company at approximately $1.77 trillion, making it the largest IPO in history.
Hopes for a U.S.-Iran peace agreement also supported markets. Oil prices fell to two-month lows, with WTI crude dropping below $90 per barrel
, easing inflation concerns. On Thursday, the Dow climbed
1.9%, the S&P 500 gained
1.8%, and the Nasdaq surged
2.5%-3.3%, marking their strongest session since April. Semiconductor stocks led the rally, with the PHLX Semiconductor Index jumping
7.9%. In Asia, South Korea’s Kospi surged
7.8%, Japan’s Nikkei rose
3.6%, Hong Kong’s Hang Seng gained
2.0%, and China’s CSI 300 added
1.5% as investors embraced improving risk sentiment.
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