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BUSINESSJun 12 · 12:14 UTCWPLG LOCAL 10 MIAMIBy CHAN HO-HIM and MATT OTT, Associated Press

Wall Street extends gains ahead of SpaceX debut; Trump claims a breakthrough in Iran war talks

Wall Street's major indices rose ahead of SpaceX's record-breaking IPO, while U.S. President Donald Trump claimed a breakthrough in Iran war talks. Oil prices dropped over 3% amid expectations of a potential ceasefire reopening the Strait of Hormuz, though analysts cautioned the deal remains fragile.

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Wall StreettopicSpaceXorganizationElon MuskpersonDonald TrumppersonIranplaceS&P 500organizationDow Jones Industrial AverageorganizationStrait of Hormuzplace
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