Wall Street finished the week with gains, driven by increasing optimism regarding de-escalation in tensions between the US and Iran. A successful initial public offering (IPO) by SpaceX also contributed to the positive market sentiment. The ASX is expected to follow suit and open higher. Investors reacted favorably to signals suggesting reduced conflict risk in the Middle East, leading to a rebound in stock values. SpaceX’s debut on the stock market was well-received, further bolstering investor confidence. ABC News is providing ongoing coverage of market developments through its live markets blog, offering analysis from business reporters. These factors combined to create a positive close to the trading week.