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BUSINESSJun 12 · 17:06 UTCWPLG LOCAL 10 MIAMIBy STAN CHOE, Associated Press

US stocks rise as oil falls and SpaceX soars in its debut on Wall Street

US stocks rose as oil prices fell and SpaceX surged in its Wall Street debut. SpaceX's 23% stock increase marked its record-breaking IPO, while the S&P 500, Dow Jones, and Nasdaq all gained. Oil prices dropped after President Donald Trump called off potential Iran strikes, easing war-related market concerns.

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