Hormuz optimism nudges stocks higher as Trump hints deal; SpaceX and AMD in focus
TL;DR
U.S. stocks edged higher after a rally, as investors weighed SpaceX and AMD results and President Trump’s hints that a Strait of Hormuz reopening deal could come soon; the Nasdaq rose about 0.4%, while the S&P 500 and Dow gained roughly 0.6%, with oil prices climbing on Hormuz optimism and SpaceX IPO-day volatility.
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