Stocks Mixed, Iran Tensions Loom, SpaceX Eyes $1.75T Valuation

0:00On April 2nd, U.S. stocks wrapped up Thursday with a mixed bag, barely moving after shaking off some early jitters. The S&P 500 climbed to 7.26 points or 0.11 percent to 6,582.58. NASDAQ edged up 35.92 points or 0.18 percent to 21,876.8. 7. While the Dow dipped 61.23 points or 0.13 percent to 46,504.51. Earlier this week, markets opened lower as oil prices spiked on President Trump's warnings of harder hits against Iran before the holiday break. But diplomatic vibes from the Middle East cooled things down quick, letting stocks rebound a bit. Traders played it safe, piling into utilities for their steady payouts while dumping consumer discretionary stocks. The days big loser thanks to Tesla's week first quarter deliveries. One strategist noted the markets betting this Iran mess wraps by fall, judging by oil futures.

1:03Meanwhile, private credit got shaky again, with blue owl limiting withdrawals from two funds. Eyes are on SpaceX too, after their secret filing for a public offering aiming at a $1.75 trillion value. Global star shares popped on rumors of Amazon eyeing a buyout. With markets shut for good Friday and the long weekend, Friday's non-farm payroll report drops anyway following last week's drop in jobless. Claims could set the tone for next week. That's your update from US News Today, powered by AI.