SpaceX IPO Targets $1.77T as S&P 500 Snaps 9-Day Streak

On today's episode of Market Brief – After Hours, the S&P 500 snapped its nine-day winning streak as U.S.-Iran military exchanges sent oil surging and Treasury yields climbing toward critical levels. We break down the SpaceX IPO filing that would make it the seventh-largest US company by market cap, a labour market running too hot for the Fed's comfort, and why European PMI data is pointing to deepening contraction across the continent. We also cover EUR/USD and GBP/USD breaking below key moving averages, a record-setting session on the Nikkei, and the latest moves in gold, silver, and Bitcoin. Hosted on Acast. See acast.com/privacy for more information.