U.S. equities continued their upward trend as optimism grew over a potential resolution to the conflict in Iran, while SpaceX moved closer to a public offering.
- U.S. equities extended their rebound on Wednesday.
- S&P 500 Index rose 1% and Nasdaq 100 Index surged 1.5%.
- Tuesday's rally was the best day for U.S. equities since May.
- Oil prices retreated as concerns over supply disruptions eased.
- SpaceX filed confidentially for an initial public offering.
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