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Elon Musk’s space exploration company has filed preliminary paperwork to sell shares to the public, according to two sources familiar with the filing, a blockbuster offering that is likely to rank as the biggest ever and make its founder the world’s first trillionaire. A SpaceX IPO promises to be one of the biggest Wall Street events of the year with several investment banks lining up to help raise tens of billions to fund Musk’s ambitions to set up a base on the moon and possibly one day send a man to Mars. The sources spoke on anonymity because they were not authorized to talk publicly about the confidential registration.

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Stocks rushed higher worldwide, and oil prices eased as hopes built that the war with Iran could end soon. That’s even though some of the signals investors saw as hopeful on Wednesday are already under dispute. The S&P 500 rose 0.7% and added to its leap from the day before, which was its best since last spring. That followed even bigger gains for markets across Europe and Asia, including an 8.4% surge in South Korea, which were catching up to Wall Street’s rally from Tuesday. The Dow Jones Industrial Average rose 0.5%, and the Nasdaq composite jumped 1.2%.

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U.S. stocks surged to their best day since last spring as doubt swung back to hope on Wall Street about a possible end to the war with Iran. The S&P 500 leaped 2.9% Tuesday for its largest gain since May. Just a day before, worries about the war had sent the main measure of Wall Street’s health more than 9% below its all-time high set early this year. The Dow Jones Industrial Average soared 1,125 points, or 2.5%, and the Nasdaq composite rallied 3.8%. Stocks strengthened after oil prices eased, which also sent yields lower in the bond market.

AP Wire
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U.S. stocks swung as oil prices kept climbing because of uncertainty about when the war with Iran could end. The S&P 500 fell 0.4% Monday and deepened its loss since the war began to pull 9.1% below its record. The Dow Jones Industrial Average rose 0.1%, and the Nasdaq composite fell 0.7%. Caution was prevalent throughout markets. After jumping to an initial gain of 0.9%, the S&P 500 quickly erased nearly all of it before seesawing lower. Indexes rose in Europe but fell sharply in some Asian markets, while the price of U.S. oil topped $100 per barrel.

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U.S. stocks deepened their drops as Wall Street finished off a fifth straight losing week, its longest such streak in nearly four years. The S&P 500 fell 1.7% Friday to close its worst week since the war with Iran began. The Dow Jones Industrial Average lost 1.7% and fell more than 10% from its record set last month, while the Nasdaq composite sank 2.1%. President Donald Trump’s latest delay in his threat to obliterate Iranian power plants saw oil prices pull back briefly late Thursday, but they resumed their rise Friday as fighting continued in the Middle East.

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U.S. stocks had their worst day since the war with Iran started, as doubt took over again from hope on Wall Street about a possible end to the conflict. The S&P 500 fell 1.7% Thursday. The index is back on track for a fifth straight losing week, which would be the longest such losing streak in nearly four years. The Dow Jones Industrial Average dropped 1%, and the Nasdaq composite sank 2.4%. They’re the latest flip-flops for financial markets this week after Iran rejected a U.S. offer for a ceasefire. Oil prices rose more than 4%, and Treasury yields climbed in the bond market.

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Hopes for a possible end to the war with Iran pushed stocks higher on Wall Street, while oil prices eased. The S&P 500 rose 0.5% in its latest flip-flop after the United States delivered a plan to pause the war to Iran. The Dow Jones Industrial Average added 0.7%, and the Nasdaq composite gained 0.8%. But the moves were shaky, and the S&P 500 briefly came close to erasing all of its jump, which maxed out at 1.2% during the morning. Stock indexes rose more than 1% across Europe and Asia. Gold's price also climbed after Treasury yields eased in the bond market.

AP Wire
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U.S. stock indexes slipped and gave back some of their rallies from the day before, while oil prices got back to rising. The S&P 500 fell 0.4% Tuesday after yo-yoing through the day. The Dow Jones Industrial Average dipped 0.2%, and the Nasdaq composite sank 0.8%. Oil prices clawed back some of their steep 10% drops from the prior day, while Treasury yields climbed in the bond market. Markets regressed as attacks continued in the war with Iran, a day after President Donald Trump raised hopes a potential end to fighting could come soon.

AP Wire
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A cautious relief swept through financial markets after President Donald Trump said the United States has talked with Iran about a possible end to their war. Oil prices eased Monday, and stock prices jumped on Wall Street following severe losses taken elsewhere in the world before Trump’s announcement. The S&P 500 climbed 1.1% for its best day since the war began. The Dow Jones Industrial Average rose 1.4%, and the Nasdaq composite rallied 1.4%. Brent crude fell back below $100 per barrel. But the moves were even sharper in the morning, before Iranian officials denied that talks were underway with the United States.