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Stock Market Today: Nasdaq, Russell 2000 Pace Rebound; SpaceX Slumps 24% Off Its Peak

U.S. stock indexes are rallying on AI chip demand and optimism surrounding a peace deal with Iran, despite SpaceX facing a significant decline.

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📍 How it ended

Wall Street indexes, including the Nasdaq and Russell 2000, rallied and ended the week on a strong note. The rebound was driven by AI chip stocks and optimism regarding an Iran peace deal.

Meanwhile, SpaceX slumped 24% off its peak.

Epilogue added 3d ago, after coverage quieted.

The brief

Wall Street indexes, including the Nasdaq, S&P 500, and Dow Jones, have trended higher as markets rebound. The Nasdaq and Russell 2000 are pacing this recovery, supported by a surge in AI stocks and a reignited chip trade.

Coverage from Reuters, Yahoo Finance, and MarketWatch emphasizes that optimism over a U.S.-Iran peace deal is offsetting concerns regarding the Federal Reserve's hike path. The WSJ reports that U.S. stocks closed the week on a strong note.

Attention remains on the progress of the Iran deal and the Federal Reserve's trajectory. Additionally, Investor's Business Daily notes that SpaceX has slumped 24% off its peak.

Synthesized by Archynetys from the headlines below under a strict no-invention contract. ✓ fact-checked: all claims supported by sources Updated 20d ago.

Quick answers

Which indexes are leading the rebound?

According to Investor's Business Daily, the Nasdaq and Russell 2000 are pacing the rebound.

What factors are driving the market rally?

The rally is being driven by AI chip trade surges and optimism regarding a peace deal with Iran.

How has SpaceX performed recently?

Investor's Business Daily reports that SpaceX has slumped 24% off its peak.

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