Dow hits record high as oil prices fall and SpaceX surges

The Dow Jones Industrial Average hit a new intraday record today, driven by falling oil prices due to hopeful signs of a U.S.-Iran peace deal. Meanwhile, SpaceX has overtaken Amazon in market value, becoming the fifth most valuable U.S. company. This surge in SpaceX's valuation underscores the growing interest and investment in private space exploration, while the drop in oil prices reflects global market dynamics and geopolitical influences. Both developments highlight significant shifts in economic and technological trends.