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Asian stocks rally on Gulf breakthrough hopes, oil hits two-month lows

Asian stocks joined a global rally on Friday on hopes a Middle East peace deal may finally materialise, while the dollar and bond yields dropped and oil prices fell to two-month lows, tempering inflation fears. All eyes are on the hotly-awaited market debut of Elon Musk's SpaceX, which has made history with the biggest-ever initial public offering. The IPO raised a record $75 billion, valuing the rocket and spacecraft manufacturer at $1.77 ‌trillion and making ⁠Musk the ⁠world's first trilliona…

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Economic TimesLean R·2h ago
Asian stocks rally on Gulf breakthrough hopes, oil hits two-month lows
Asian stocks joined a global rally on Friday on hopes a Middle East peace deal may finally materialise, while the dollar and bond yields dropped and oil prices fell to two-month lows, tempering inflation fears. All eyes are on the hotly-awaited market debut of Elon Musk's SpaceX, which has made history with the biggest-ever initial public offering. The IPO raised a record $75 billion, valuing the rocket and spacecraft manufacturer at $1.77 ‌trillion and making ⁠Musk the ⁠world's first trilliona…
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Asian stocks rally on Gulf breakthrough hopes, oil hits two-month lows

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Asian stocks rally on Gulf breakthrough hopes, oil hits two-month lows

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