DOW SOARS ON TECH REBOUND, OIL PRICES SLIP

The Nasdaq climbed on renewed investor interest in technology stocks, with aerospace company SpaceX's latest developments helping fuel the sector's momentum. Meanwhile, crude oil prices fell after the incoming administration signaled it would avoid military action against Iran through the midterm elections, reducing geopolitical risk premiums that typically push energy prices higher. The mixed signals—strength in tech against weakness in oil—reflect how markets are recalibrating expectations around both corporate growth and U.S. foreign policy under new leadership.